The Miami Dolphins created nearly $20 million in cap space on Monday by restructuring Jalen Ramsey’s contract, and it seems like some fans think he took a pay cut.
The #Dolphins are working to get in cap compliance: They did a conversion on CB Jalen Ramsey’s contract, clearing $19.912 million in cap space. pic.twitter.com/zbLxHHCZII
— Tom Pelissero (@TomPelissero) March 11, 2024
Ramsey took to social media on Tuesday morning to set the record straight and correct that idea with a hilarious message.
lol I appreciate all the love Fins fans but a contract restructure doesn’t mean pay cut 😂… we gettin all that! love y’all too tho 🤟🏾
— Jalen Ramsey (@jalenramsey) March 12, 2024
Even though Ramsey didn’t take a pay cut, the contract restructure helped the Dolphins in a big way. Miami needed to become cap compliant (come in at or under the league cap of $255.4 million) by 4 p.m. EST on Wednesday. The team was able to do so by restructuring multiple deals on Monday.
The seven-time Pro Bowler now carries a cap hit of just under $8 million for the 2024 season. That number balloons to $26.2 million for the 2025 campaign, something that has left many predicting he will get an extension sometime soon.
Though the offseason is fairly young, the Dolphins have already lost tons of players on defense, such as Christian Wilkins, Andrew Van Ginkel, Raekwon Davis and Brandon Jones. Jerome Baker and Xavien Howard were also cut by the team recently.
Ramsey is one of the players that will headline the team’s defense, which will have a fairly new look in the upcoming campaign. Miami has added some noteworthy players in linebacker Jordyn Brooks and safety Jordan Poyer. Both will likely play tons of snaps and be key players for new Dolphins defensive coordinator Anthony Weaver.
BREAKING: Jordan Poyer joins the #Dolphins on a one-year deal
Let's get to work! 🐬 pic.twitter.com/SYp7A5JcQ8
— Dolphin Nation (@Dolphin_Nation) March 12, 2024
It seems like the team is still very serious about contending in the 2024 season and beyond. Miami has made it to the playoffs in each of the past two seasons, losing in the first round on both occasions.
In the 2022 season, the Dolphins lost to the Buffalo Bills, the team Poyer spent the last seven seasons with. This past season, they lost to the eventual champion Kansas City Chiefs.
The 2024 season is set to be head coach Mike McDaniel’s third with the team. Fans of the team are desperate for some playoff success, something the organization hasn’t experienced in over two decades.
Only time will tell if Ramsey is able to help with that.