Tommy Gilligan-USA TODAY Sports

It's time for the Miami Dolphins to negotiate a contract extension with quarterback Tua Tagovailoa. The 2020 first-round pick will play the 2024 season under his fifth-year option, making $23.171 million in salary, and that's the last year of his deal.

Even though an extension hasn't been reached yet, the Dolphins have already made up their minds, according to ESPN's reporter Jeff Darlington.

The team intends to keep Tagovailoa as their long-term quarterback, it's just a matter of how at this point.

"The Dolphins are planning to extend Tua Tagovailoa. This is no longer a matter of whether they're going to pay him or not. They are planning to pay Tua Tagovailoa," Darlington said on NFL Live. "They have made it so clear that Chris Grier actually said in his press conference that they have absolutely no intention of drafting a quarterback with their first-round pick this year. They are moving forward with Tua. Perhaps they can draft someone to be his backup, but we need to wrap our heads around this, Tua Tagovailoa, as far as Chris Grier is concerned, is the future quarterback of the Miami Dolphins."

Franchise's perception

Beyond being a franchise-altering choice, it is in fact a difficult decision for the Dolphins. While Tua Tagovailoa is not perceived as an elite quarterback, and he's relatively more dependent of his environment than a franchise would prefer, Tua has played at an extremely high level since Mike McDaniel took over as the head coach in 2022, and there's not a realistic avenue to upgrade at quarterback.

"We're very happy with Tua," Dolphins general manager said before affirming that the team would not take a first-round quarterback. "That's not something I'm looking at, the first round. That's not something we've talked about."

Over the last two years, Tua Tagovailoa is fourth in the NFL in EPA + CPOE composite, a combination of metrics to measure offensive efficiency and quarterback accuracy. The problem is how much Tua can elevate his surroundings, and how much a big contract can get in the way of the offense hitting its ceiling.

"When it happens, it happens," Grier said about the extension. "We've had good communication. I'll leave those between his representation and the organization. But it's been good. We'll keep working toward this."

Tua Tagovailoa is still young, at 26 years old, and the Dolphins believe the quarterback can develop his game even more.

"He wants to be great," Grier added. "He's trying to do everything he can to be great. This is his next evolution. As Mike (McDaniel) has told you guys, we feel there is a whole other step he can take."

According to Spotrac, Tua Tagovailoa's market valuation indicates a six-year, $302.78 million extension, a yearly average of $50.4 million. But the real extension might get bigger, since a comparable player like Jalen Hurts is making $51 million per season — and that's without considering cap inflation.

More must-reads:

TODAY'S BEST
Dodgers starter undergoes season-ending UCL surgery
Knicks star ruled out for potential closeout game
Veteran NFL safety will either play for this team or retire in 2024
Former Red Wings head coach linked to open NHL job
How Patriots' Drake Maye has already impressed Jacoby Brissett
LeBron James, Giannis Antetokounmpo, Stephen Curry among Forbes' highest-paid athletes for 2024
Steve Cohen addresses if Mets could again be trade-deadline sellers
Tiger Woods ruins strong first round with sloppy finish at PGA Championship
Xander Schauffele makes history in first round of PGA Championship
NFL responds to speculation about Chiefs schedule and Taylor Swift
Despite hopes for change, NASCAR championship weekend will return to Phoenix in 2025
Chiefs will achieve something not done since 1927 with 2024 schedule
Caitlin Clark's debut was most-watched WNBA game in more than 20 years
Yankees' Aaron Judge comments on resurgence after bad slump
Odell Beckham Jr. reveals why he was 'hesitant' to join Dolphins
Lakers reportedly interested in adding three-time All-Star via trade
Luka Doncic fed off negative reactions in Game 5 win over Thunder
Celtics finally put away undermanned Cavaliers, advance to conference finals
Avalanche force Game 6 with big third period vs. Stars
MLB announces punishment for Astros' Ronel Blanco over foreign substance

Want more Dolphins news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.