Armando Salguero of theย Miami Herald reports extension talks between theย Dolphins and veteranย DE Cameron Wake have “not gone well.”
The two sides met at the Combine last week, but sources have told Salguero thatย discussionsย did not start well, and the parties are “way, way far apart.”
According to Salguero, the Dolphins wereย apparently trying to get Wake to agree to a deal that wouldย significantly reduce his 2016 cap figure ofย $9.8 million.
Wake anticipated that this was what the team was looking to accomplish with these talks, but also thought Miami wasn’t going to ask him to take a pay cut on top of reworking his contract.
Instead,ย Salguero mentions that Wake thought the Dolphins may increase the guaranteed money included in his contract, which would allow him to remain with the team for the foreseeable future.
As of now, sources tell Salguero that significantย differences still remain regarding a reworked contract.
Jason La Canfora of CBS Sports reported a few days ago that talks between the Dolphins and Wakeย went nowhere at the Combine, and added that there’s no reason for Wake to accept a pay cut right now.
The Dolphins just used their transition tag onย DE Olivier Vernon,ย so there’s a chance they may have to allocate big-money to keep him from leaving Miami.
Wake, 34, is in the fourth year of hisย five-year, $34.53 million contractย that includedย $17 million guaranteed. He’ll make a base salary ofย $8.2 million this season and anotherย $8.275 million next year.
In 2015, Wake appeared in sevenย games and recorded nineย tackles, sevenย sacks, and fourย forced fumbles for the Dolphins.ย Pro Football Focus has him rated as the No. 3ย defensive end in a 4-3 defenseย out of 46 qualifying players.
We’ll have more regarding an extension for Wake as the news is available.
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