June finally brings the Miami Dolphins some desperately needed cap relief — and the balance sheet is in

The Miami Dolphins are officially pulled out of the bottom ranks of the league in salary cap space, as of today.

Kyle Crabbs NFL National Writer
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Oct 1, 2023; Orchard Park, New York, USA; Miami Dolphins defensive tackle Da’Shawn Hand (93) and Miami Dolphins linebacker Bradley Chubb (2) warm up prior to the game against the Buffalo Bills at Highmark Stadium. Mandatory Credit: Gregory Fisher-USA TODAY Sports

For the first time all offseason, the Miami Dolphins have climbed out of the cellar with their salary cap situation. It’s been a grueling couple of months for accounting, there’s no doubt about that.

Miami hasn’t been ranked 32nd since March, but they have been lingering among the bottom few teams in the league in the way of spending power. Such is life when you eject names like Bradley Chubb, Tyreek Hill, Tua Tagovailoa, Jaylen Waddle, and others. But today is a big day. It’s June 1st, which means at the end of the business day today, Miami is set to get some significant reinforcements in cap space. That it will actually pull them into the top-half of the league in cap space. Temporarily.

Miami Dolphins sent to rank 16th in the NFL in cap space when June 1st money kicks in Monday afternoon

Oct 1, 2023; Orchard Park, New York, USA; Miami Dolphins defensive tackle Da’Shawn Hand (93) and Miami Dolphins linebacker Bradley Chubb (2) warm up prior to the game against the Buffalo Bills at Highmark Stadium. Mandatory Credit: Gregory Fisher-USA TODAY Sports

OverTheCap.com has already applied every team’s June 1st adjustments to their salary cap outlook. The Miami Dolphins now rank 16th in the NFL in cap space. Per the cap resource, Miami sits with $20,163,376 in total spending power. Salary cap space doesn’t win you football games and the Dolphins’ 2026 season is still a daunting outlook.

But this is a monumental moment nonetheless. Because this team’s hyper-aggressive reset has now, officially, put the hardest chapter behind them. When the cap space officially triggers this afternoon, it’s a reasonable bet that it will be YEARS before this team is within $2 million of the salary cap ceiling again. Injuries throughout the 2026 season could push the Dolphins close against the cap after extensions and rookie signings. But a devastating backlog of debt?

Not for a while. So smile and take one last look in the rear view mirror at the Miami Dolphins’ great salary cap crunch of Spring, 2026. It’s behind us for good.