Miami Dolphins save $7M in cap space by not using franchise tag on Brent Grimes

Cornerback Brent Grimes defends wide receiver Tampa Bay receiver Vincent Jackson at Raymond James Stadium on Nov. 11, 2013.
Cornerback Brent Grimes defends wide receiver Tampa Bay receiver Vincent Jackson at Raymond James Stadium on Nov. 11, 2013.
Joe Rimkus Jr. / Staff Photo

The Miami Dolphins’ decision to give cornerback Brent Grimes a four-year contract instead of the franchise tag will end up saving the team more than $7 million in cap space in the 2014 season.

According to details of the contract obtained by the Miami Herald, Grimes’ cap hit will be $4 million for this upcoming season, leaving the Dolphins with more than $36 million in cap space entering the start of free agency.

Grimes’ cap hit will be $10 million in 2015.

Grimes received a $6 million signing bonus and will make a guaranteed $2.475 million in base salary in 2014. He is due to earn $8.475 million in 2015, with $7.5 million of that guaranteed.

Grimes, 30, will end up collecting $16 million in guaranteed money. The Dolphins would have a cap hit of $3 million if they cut Grimes in 2016, when he will be 33, or $1.5 million if they cut him in 2017.

• The Dolphins covet Baltimore left tackle Eugene Monroe, and there is a good chance he will make it to the open market next week because he and the Ravens are far apart in negotiations, according to The Baltimore Sun. But the Dolphins will have competition for Monroe beyond Baltimore, with Arizona, Tampa Bay and Oakland among others potentially seeking left tackles.

If the Dolphins cannot sign Monroe, they are expected to have interest in Kansas City left tackle Branden Albert.

Left tackles Jared Veldheer (Oakland) and Anthony Collins (Cincinnati) are among other potential free agent options.

Read more Miami Dolphins stories from the Miami Herald

Miami Dolphins coach Joe Philbin in the fourth quarter against the Pittsburgh Steelers at Heinz Field on Sunday, Dec. 8, 2013.


    Armando Salguero: Joe Philbin optimistic about Miami Dolphins despite skeptics

    Joe Philbin welcomes a visitor with a warm smile and firm handshake and for the next 30 minutes enthusiastically talks about his Dolphins with a confidence that belies the coach’s first two seasons in Miami.

<span class="cutline_leadin">building block:</span> Left tackle Branden Albert, above, 

will be the team’s replacement for Jonathan Martin.

    Miami Dolphins’ offensive line is new; time will tell if it’s improved

    The Dolphins’ offensive line, which allowed 58 sacks last season, will have four new starters – and center Mike Pouncey could be out until October. ‘We’ve got a lot of work,’ new left tackle Branden Albert said.

St. Louis Rams seventh-round draft pick Michael Sam listens to a question during a news conference at the NFL football team's practice facility Tuesday, May 13, 2014, in St. Louis. (AP Photo/Jeff Roberson)


    Greg Cote: Michael Sam is a distraction to embrace, not avoid

    It’s no surprise that Tony Dungy’s comments this week about Michael Sam — comments that on the surface seemed more benign than inflammatory — have created such a national tempest. Sports are a Petri dish for argument and debate under any circumstances, and when you add the politics of religion and gay issues to the mix, the chances of a quietly civil discussion have pretty much left the building.

Join the

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Marketplace

Today's Circulars

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category