WR Cedrick Wilson has restructured his contract to lower his cap number in order to stay a member of the Miami Dolphins, per Ian Rapoport. The contract will now void after 2023 and will lower his base salary to $2 million. With incentives, he can still make $7.25 million and he is guaranteed to make $5 million this season. Wilson will now be a free agent after the season.
The Dolphins are reworking WR Cedrick Wilson Jr.'s contract, source says. Miami lowering his base salary to $2M and giving him a $3M signing bonus to equal his $5M in guaranteed salary this year. Incentives can push salary up to $7.25M. Contract will now void after 2023.
— Jonathan Jones (@jjones9) August 29, 2023
“WR Cedrick Wilson has restructured his contract to lower his cap number in order to stay a member of the Miami Dolphins per Ian Rapoport. ”
Do we know for certain that the intent is for him to stay? It seems like this would also make him more attractive to potential trade partners.
They also cleared the final years on his deal making him a FA after this year. Meaning for Miami he is off their books after this season and for a team you wont trade for a guy who will walk after the season