Miami Dolphins Face Massive Salary Cap Deficit Entering the New League Year

The Miami Dolphins entered the 2026 league year carrying a financial burden unlike anything the franchise has faced before. More than $165 million of the team’s $301.2 million salary cap is now committed to players no longer on the roster, a number that climbed further Tuesday after the trade of wide receiver Jaylen Waddle to the Denver Broncos.

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