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Dolphins finish contract adjustment with Terron Armstead saving $10 million

Scott Alan Salomon
Scott Alan Salomon

Phin Phanatic

Terron Armstead signed a contract extension that will save the Dolphins $10 million in cap space this season. / Megan Briggs/GettyImages

The Miami Dolphins and Terron Armstead have finished adjusting his contract for the 2024 season and beyond.

Armstead, who announced earlier in the week that he will be back in 2024, agreed to a restructured deal, according to Overthecap.com, which brings his cap number down by $10.29 million. Miami will presumably use the cap space to sign more free agents.

Perhaps Miami will go after a top-flight guard to replace Robert Hunt who left in free agency for the Carolina Panthers. Chris Grier and offensive line coach Butch Barry will be scouring the waiver wire and free agency lists to see who is available that fits Miami's zone-blocking scheme.

Miami will see another $18 million in relief after June 1, when the savings from waiving Xavien Howard kicks in.

The big left tackle will earn $10 million in guaranteed salary this season, which gives Miami relief immediately but does nothing in the next two years. Should Armstead play in 2025, they will probably have to restructure again due to the inflated cap number that he will have next season.

His base salary for this season will be at $1,21 million, which trims the cap number on base salary alone by $4.25 million. His signing bonus is prorated at $7.816 million. The deal also contains two voidable years in 2027 and 2028.

Armstead is a five-time Pro Bowl selection and anchors the left side of Miami's offensive line. He only allowed one sack last season but did miss games due to an injury. He has played in 23 of Miami's last 34 games.

The former New Orleans Saints player had a very good season in 2023, despite the nagging injuries. He was also voted to the Pro Bowl team. He protects Tua Tagovailoa very well and has improved with his run blocking allowing Raheem Mostert to score a league-leading 21 touchdowns, He tied for that statistic with San Francisco 49ers superstar Christian McCaffrey.

Scott Alan Salomon

Scott Alan Salomon

Scott Salomon joined The Rat Trick, while also working for Sports Illustrated covering breaking news and analysis for Miami Dolphins On SI. In June he joined Miami Heat On SI and Back in the Day Hoops On SI. Scott also covers the New York Giants, the San Antonio Spurs and the Miami Hurricanes. Scott is based in South Florida and has been covering the local and national sports scene for 35 years. Scott has covered and has been credentialed for the Super Bowl, the NFL Combine, various Orange Bowls and college football championship games. Scott was also credentialed for the NBA All-Star game and covered the Miami Heat during their first six seasons for USA TODAY. He is also a credentialed member of the Florida Panthers media. Scott is a graduate of the University of Miami School of Communication and the St. Thomas University School of Law. Scott has two sons and his hobbies include watching sports on television and binge watching shows on various streaming services.