The Miami Dolphins fully committed to their rebuild on Tuesday, trading wide receiver Jaylen Waddle to the Denver Broncos in a blockbuster deal that followed the release of other key players like Tyreek Hill , Bradley Chubb and Tua Tagovailoa.
While teams usually move on from these talented players to save money, trading Waddle was actually a costly financial decision for the Dolphins this week.
The wide receiver was set to have an $11.63 million cap hit for the 2026 season, but trading him created a $26.31 million cap hit and actually put the Dolphins $8.28 million over the salary cap, according to Over the Cap .
This does save them from having to pay the $33.83 million cap hit and $37.21 million cap hit in 2027 and 2028, respectively, but obviously, Miami will have to find a replacement for Waddle's production.
The Dolphins will clear $24 million after June 1 when Tagovailoa's and Chubb's releases become official on the cap, which will certainly help. They've also set themselves up nicely to spend next offseason, as the team's expected to have $156 million free.
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This article originally appeared on Dolphins Wire: Dolphins salary cap: What's the impact of trading Jaylen Waddle?

