According to Yates, Hunter agreed to reduce his base salary from $1,114,656 to $675,000 for the 2016 season. In return, Hunter gets $350,000 in available incentives and a $52,267 bonus.
Hunter, 25, was taken with the No. 34 overall pick by the Titans back in 2013. He currently in the final year of his four-year, $5.424 million rookie contract and was set to make a base salary of $1,144,656 in 2016.
The Titans elected to cut him loose a few weeks ago, but he was later claimed off of waivers by the Dolphins.
In 2015, Hunter appeared in nine games for the Titans and caught 22 passes for 264 yards receiving and a single touchdown.