Miami Brings Back Ogbah 4 Years/$65 Million

[EDGECRUSHER]

$32 Million guaranteed.

Okay, that is WAY higher than what he was projected to get in free agency by almost every sports site. I like Ogbah and it's good to show the players that we want to retain our own talent, but that's like $4 Million a year more than what most people projected. Maybe when the details come out, it will show all the guaranteed money is in the first 3 years and it's basically a 3 year deal around a more reasonable value.

This helps continue Phillips development. From an on field perspective, an absolute win for Miami. I hope when the details come out it's a win for us this year and beyond.

[CF DolFan]

I don't buy it. Everyone overpays in free agency for good players and he is very good. It's not my money and I only care that he is still here.

According to Over the Cap, Ogbah’s signing bonus is just $13 million ($3.25 million per season) and his salary is just $4 million in 2022. Add in his roster bonus, and Ogbah’s cap hit for this upcoming year is just $7.6 million.

In 2023, Ogbah will get $15 million in guaranteed salary, bringing his cap hit to $18.6 million. In 2024, $4 million of his $14.93 million salary is guaranteed against injury. And, in the final year of his contract, Ogbah will have a cap hit of $20.15 million.

[EDGECRUSHER]

I don't buy it. Everyone overpays in free agency for good players and he is very good. It's not my money and I only care that he is still here.

According to Over the Cap, Ogbah’s signing bonus is just $13 million ($3.25 million per season) and his salary is just $4 million in 2022. Add in his roster bonus, and Ogbah’s cap hit for this upcoming year is just $7.6 million.

In 2023, Ogbah will get $15 million in guaranteed salary, bringing his cap hit to $18.6 million. In 2024, $4 million of his $14.93 million salary is guaranteed against injury. And, in the final year of his contract, Ogbah will have a cap hit of $20.15 million.

I don't care about how much he gets in terms of "Is he worth it?". I only care for salary cap reasons. All the owners are billionaires, if there was no salary cap I'd give him $50 Million a year, I don't care. I just want to make sure we have the cap room to keep making moves. The low salary this year makes me think we aren't done but we're somehow running out of time despite free agency technically not even starting.

[fyo]

I don't buy it. Everyone overpays in free agency for good players and he is very good. It's not my money and I only care that he is still here.

According to Over the Cap, Ogbah’s signing bonus is just $13 million ($3.25 million per season) and his salary is just $4 million in 2022. Add in his roster bonus, and Ogbah’s cap hit for this upcoming year is just $7.6 million.

In 2023, Ogbah will get $15 million in guaranteed salary, bringing his cap hit to $18.6 million. In 2024, $4 million of his $14.93 million salary is guaranteed against injury. And, in the final year of his contract, Ogbah will have a cap hit of $20.15 million.

Notably, the Dolphins can cut Ogbah after 3 years and save 17 of the 20 million cap hit. There's even a reasonable out after 2 years with "just" a $6.5 million cap hit, saving $12.5 million.

If he plays well for at least 2 years, it's a good contract for the Dolphins. That's the gamble.

[EDGECRUSHER]

Notably, the Dolphins can cut Ogbah after 3 years and save 17 of the 20 million cap hit. There's even a reasonable out after 2 years with "just" a $6.5 million cap hit, saving $12.5 million.

If he plays well for at least 2 years, it's a good contract for the Dolphins. That's the gamble.

2-3 years is well worth the gamble. It's the longer deals that are scary, especially for injured players like Armstead. I don't care about the owners money, just our cap space.