The Miami Dolphins are authoring something of a President's Day roster massacre – cutting former Pro Bowl receiver Tyreek Hill and former Pro Bowl linebacker Bradley Chubb and other players – even as a decision on quarterback Tua Tagovailoa looms.
The Dolphins informed Chubb of their intentions to release him early Monday, a source told OutKick. An hour or so later, the team informed the agent for Hill he was also being released, per a source.
Oct 22, 2023; Philadelphia, Pennsylvania, USA; Miami Dolphins defensive tackle Zach Sieler (92), linebacker Bradley Chubb (2) and linebacker Jaelan Phillips (15) against the Philadelphia Eagles at Lincoln Financial Field. Mandatory Credit: Eric Hartline-USA TODAY Sports
And these two moves come with substantial salary cap implications.
Just because Hill and Chubb are out doesn't clear the Dolphins of a cap cost. Unless the club designates one or both of these moves as a June 1 move, the Dolphins will still carry nearly $52 million in combined dead cap space for the privilege of releasing Hill ($28 million dead cap) and Chubb ($23.8 million dead cap).
The Dolphins are also releasing offensive guard James Daniels, per a source, and there are multiple reports receiver Nick Westbrook-Ikhine is also being released.
So, the total dead cap for the four players the Dolphins might be carrying in 2026 is in the neighborhood of $58.2 million.
So why are the Dolphins doing this? Because there is also a cap savings which is actually added cap burden the team is avoiding beyond the dead cap cost. That avoided financial burden is considered a savings.
The Dolphins are "saving" approximately $30 million with these transactions.
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Source: The Latest & Most Breaking News With OutKick