Per Yates, Arizona converted $6.5 million of Phillips’ base salary into a signing bonus and tacked on two additional voidable years, adding $5.2 million in cap space.
Phillips, 29, is a former second-round pick of the Dolphins back in 2015. He was in the final year of his contract when the Dolphins waived him in 2018 and he was later claimed off waivers by the Bills.
Phillips re-signed in Buffalo in 2019 on a one-year, $4.5 million deal before agreeing to a three-year, $30 million deal with the Cardinals in 2020.
In 2020, Phillips appeared in nine games for the Cardinals, recording 11 total tackles, two sacks, two forced fumbles, one recovery and one pass defense.