Outside linebacker Bradley Chubb has agreed on a reworked contract with the Dolphins, per FOX Sports’ Jordan Schultz.
The new deal will reduce Chubb’s base salary in 2025, which was originally $19.45MM, per OverTheCap. He can still earn his full 2025 compensation through incentives based on playing time and sacks.
Chubb spent last year on the Physically Unable to Perform list due to a knee injury suffered at the end of the 2023 season. The Dolphins expressed some optimism about Chubb’s return and opened his practice window in December, but he didn’t progress enough to be activated. It was later revealed that Chubb’s injury impacted his meniscus and patellar tendon in addition to the originally-reported ACL tear.
The Dolphins’ revision of Chubb’s deal is a clever move to clear 2025 cap space while providing insurance if Chubb can’t return to his pre-injury form. Since he missed the 2024 season, all of his 2025 incentives will be considered not likely to be earned. Any incentives that Chubb hits wouldn’t have to be accounted for until 2026, when Dolphins will have more financial flexibility with their own contracts and an increased salary cap.
Miami entered the day above the 2025 salary cap by $1.64MM, per OverTheCap. Chubb’s new deal will make them cap-compliant, and the Dolphins will likely made additional moves before free agency begins next week. The simplest move would be a restructure of Tua Tagovailoa‘s contract, which could create up to $19.3MM in cap space. Extending Jaelan Phillips off of his fifth-year option could create up to $9.66MM.