The Miami Dolphins’ roster overhaul has left them with a national reputation problem, and the money helps explain why.
ESPN’s latest roster ranking put Miami at No. 32 out of 32, and the Dolphins’ current spending profile backs up the skepticism. With new GM Jon-Eric Sullivan reshaping the team early in the offseason, Miami has loaded up on rookies and low-cost free agents - the kind of additions that read as unproven or as reclamation projects, depending on how you want to label them.
The simplest answer, though, is financial: the Dolphins are carrying a heavy load of money for players who are no longer on the roster, and that leaves very little spent on the current group. According to salary cap site Over The Cap, Miami will spend the least on its active players in 2026.
By base salary plus prorated signing bonus, the Dolphins rank last on both offense and defense, and the gaps are significant.
Miami is projected to spend just $67.5 million on offensive players in 2026, roughly $30 million less than the next-lowest team, the New York Jets. On defense, the Dolphins’ $82 million is the lowest in the league, though the margin is much tighter there, with the Philadelphia Eagles at $83.5 million. For anyone wondering how the Eagles can field such a strong and still relatively “cheap” defense, the answer is that three of their key players - Jalen Carter, Quinyon Mitchell and Cooper DeJean - are on rookie contracts.
The spending picture gets even more stark by position. The Dolphins are last at wide receiver, tight end and edge defender, which tracks after the departures of Tyreek Hill, Jaylen Waddle, Darren Waller and Bradley Chubb.
They also sit next-to-last at offensive line and safety, and rank 29th at quarterback, running back and cornerback. The one spot where Miami lands in the top half is linebacker, where it checks in at No.
- That could change quickly if Jordyn Brooks, who is set to earn $10.9 million in 2026, winds up being traded if contract extension talks stall.
The Dolphins went 7-10 and missed the playoffs last season, finishing 17th in offensive spending and 28th on defense, according to OTC.
The broader league picture shows that spending alone doesn’t guarantee anything. Last year, only four of the top four spending teams on offense reached the playoffs: the L.A.
Rams, Chicago Bears, Carolina Panthers and L.A. Chargers.
Cincinnati, Kansas City, Atlanta, Detroit, Dallas and Arizona all missed out despite ranking in the top 10 in offensive spending.
Defense told a similar story. Six of the top 10 spending teams made the playoffs - the Steelers, Bears, Texans, Broncos, Patriots and Packers - while the Giants, Colts, Commanders and Cardinals were in the top 10 in spending and still watched the postseason from home.
When Miami last reached the playoffs in 2023 and finished 11-6, its offense ranked 14th in spending, while its defense was third.
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