Eagles Trading Kiko Alonso & Byron Maxwell To Dolphins For Draft Pick Compensation

Update:

Ian Rapoport is now reporting that the Eagles have informed both LB Kiko Alonso and CB Byron Maxwell that they’re being traded to the Dolphins, pending physicals.

• Aramando Salguero reports that the trade is done, but the Dolphins still have to work on Maxwell’s contract and Alonso needs an extension.
• Jason La Canfora reports that the Dolphins will be taking on Maxwell’s full 2016 salary.
• However, the Dolphins and Maxwell’s agent will work on a restructuring of his contract for the 2017 season. In the end, La Canfora doesn’t anticipate it being a big issue for them.
• La Canfora is “stunned” the Eagles were able to move this contract and his full salary without absorbing some money.

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ESPN’s Adam Schefter reports that the Eagles and Dolphins are working to finalize a trade that would send Kiko Alonso and Byron Maxwell to Miami for draft pick compensation.

Alonso, 25, is in the third year of his  four-year, $4.300 million rookie contract that includes $2.463 million guaranteed. He stands to make a base salary of $941,418 for the 2016 season.

According to OverTheCap.com, releasing will free up $991,418 in available cap space while creating no dead money.

In 2015, Alonso appeared in 11 games and recorded 43 tackles, one interception, and a pass defense.

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Ian Rapoport of NFL Media reports that the Dolphins are “deep” in trade talks with the Eagles regarding a trade for CB Byron Maxwell.

Maxwell secured a massive contract on the open market last year, and came nowhere close to living up to this kind of contract.

It’s actually somewhat surprising that another team is interested in trading for him and a portion of his contract after such a disappointing season, but we’ll see if anything comes of this.

Maxwell, 28, is in the second year of his six-year, $63 million contract that included $25 million guaranteed. He stands to make base salaries of $8.5 million (2016), $10 million (2017) $9.75 million (2018), $9.5 million (2019), and $10.5 million (2020) over the remainder of the contract.

According to OverTheCap.com, trading Maxwell would free up $4.9 million in available cap space while creating $4.8 million in dead money.

In 2015, Maxwell appeared in 14 games for the Eagles and recorded 63 tackles, two interceptions, two forced fumbles, a recovery and 10 pass defenses. Pro Football Focus has him rated as the No. 75 cornerback out of 111 qualifying players.