Monday, June 22, 2026

Dolphins Move On From Tua With Record $99.2M Dead-Cap Hit 

Less than two years ago, high hopes surrounded a lucrative contract extension for Tua Tagovailoa. Now, the Dolphins are moving on, despite the hefty cost. 

Rich Storry-Imagn Images

The Dolphins are releasing quarterback Tua Tagovailoa following the start of the new league year on Wednesday, a decision that will create an NFL-record $99.2 million in dead money against the salary cap. 

Miami will designate Tagovailoa’s release as a post–June 1 move, allowing it to split the dead-money hit between $67.4 million this year and $31.8 million more in 2027. Tagovailoa signed a four-year, $212.4 million extension in July 2024, including $167 million in guaranteed money, but after middling on-field results and a series of injuries, the Dolphins have decided to move on at the sport’s most important position.

“I recently informed Tua and his representation that we are going to move in a new direction at the quarterback position and will be releasing him after the start of the new league year,” said Dolphins GM Jon-Eric Sullivan. “As I shared with Tua, I have great respect for the person and player he is. … As we move forward, we will be focused on infusing competition across the roster and establishing a strong foundation for this team as we work towards building a sustained winner.”

The Dolphins have just three playoff appearances since 2009, and no postseason wins since 2000—a run that has led the franchise to install Sullivan as the new GM and Jeff Hafley as the new head coach this offseason. The Tagovailoa cap hit, meanwhile, raced past the $85 million one after the Broncos released Russell Wilson two years ago. 

Joseph Maiorana-Imagn Images

Big Week Ahead

The Tagovailoa news highlighted the beginning of a 52-hour legal tampering period in which teams can start negotiating with the agents of players who will become unrestricted free agents. 

No contracts can be signed during that initial window, and teams are also prohibited from speaking directly with players—except for a limited exception allowing a single video or phone call with up to five free agents. 

The initial window, however, allows teams to begin roster planning, advance salary-cap strategies ahead of Wednesday, when all teams must be cap-compliant, and minimize back-door negotiations around the league.

Other key players that will be available include running back Kenneth Walker III, wide receiver Mike Evans, edge rusher Trey Hendrickson, and quarterbacks Kyler Murray and Kirk Cousins. 

Teams will have additional financial room to work with after the NFL set the 2026 salary cap at $301.2 million per team, a record amount and $22 million more than the 2025 level. 

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

ESPN host Rece Davis
Exclusive

Rece Davis To Host ESPN’s Wimbledon Coverage

Davis replaces former host Chris McKendry, who is moving to play-by-play.

Wyndham Clark Captures Second U.S. Open As Fans Turn Against Him

Clark fended off his final-round playing partner, Scottie Scheffler.

USMNT Delivers Another Ratings Win for Fox With 14.8M Viewers

The U.S. has two group-stage wins for the first time since 1930.

Serena Williams to Make Singles Return at Wimbledon

She will also play in the doubles tournament alongside her sister, Venus.
podcast thumbnail mobile
Front Office Sports Today

6/22/26 – USMNT Wins the Group, Serena Gets Wimbledon Wild Card, UFC White House Ratings, Wyndham Clark Wins US Open

0:00

Featured Today

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
Wisconsin Badgers forward Laila Edwards, left, and defender Caroline Harvey celebrate after Edwards scored against the Minnesota Gophers in the first period in a game Saturday, February 8, 2025, at LaBahn Arena in Madison, Wisconsin.
June 15, 2026

Two Rookies Are Rewriting Women’s Hockey Stardom

Their platforms are a mutual boon for the PWHL and its players.
Ai sports slop
June 5, 2026

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.
Women’s National Football Conference

Women’s Football Is Ready for Its Tom Brady Moment

The league hit an inflection point in its just-completed seventh season.
June 18, 2026

Two-Time U.S. Open Champ: LIV Players Welcome on Champions Tour

Retief Goosen said he “would love” to see LIV players return.
June 18, 2026

U.S. Open Tees Off With Smaller Crowds, but Plenty of Traffic

Total daily crowds will not surpass 30,000 fans this week.
Sponsored

Midge Purce Sounds Off on the Trinity Rodman Rule

Midge Purce discusses the Rodman Rule and the future of NWSL.
June 17, 2026

U.S. Open Matches Masters As Richest Golf Major With $22.5M Purse

The USGA did not increase the U.S. Open purse last year.
June 16, 2026

Scottie Scheffler Eyes Grand Slam, Tiger’s Career Earnings Record

Scottie Scheffler has won three of the four majors.
June 16, 2026

Rory McIlroy Questions PGA Tour’s Planned Schedule Overhaul

The tour is targeting 2028 to fully revamp its schedule.
USGA, Shinnecock Hills Golf Club
June 15, 2026

Shinnecock Ready to Shine As Unofficial U.S. Open Anchor Site

Shinnecock last hosted the U.S. Open in 2018.