The Miami Dolphins have restructured Xavien Howard’s contract after the All-Professional cornerback requested a commerce final month.
Coach Brian Flores mentioned the group was “excited” to have reached the settlement however didn’t disclose particulars of the contract.
“In any negotiation, compromise is vital,” Flores mentioned. “We would like all sides to be blissful. We really feel like that is the case proper now, and that is how we’ll transfer ahead.”
Howard’s 2021 base wage of $12.785 million was totally assured and a most of $3.5 million in incentives have been added, sources confirmed to ESPN.
A core subject he had along with his contract earlier than it was restructured was that it was set to pay $12 million in nonguaranteed cash in 2021, which had ranked twelfth amongst NFL cornerbacks regardless of Howard’s league-leading 10 interceptions in 2020.
The Dolphins additionally agreed to rescind $93,000 in fines Howard accrued from skipping the crew’s obligatory minicamp, the sources mentioned.
The Dolphins also made adjustments to Howard’s contact for the 2022 season, fully guaranteeing $6.775 million of his salary, the sources said. The remainder of his $12.975 million salary is guaranteed for injury and will be fully guaranteed on the first day of the league year. The Dolphins also converted $500,000 in per-game roster bonuses and a $100,000 workout bonus to his base salary.
Howard, 28, also received assurances that the Dolphins will renegotiate a new deal in the offseason in line with the market based on his health and his performance in the 2021 season, according to the sources.
Howard’s agent, David Canter, thanked the Dolphins for “doing something unexpected and difficult to say the least.”
“Many times over the past eight months we all did not expect anything to happen,” Canter said on Twitter. “The group dealt with us with absolute class and professionalism.”
Howard turned the NFL’s highest-paid cornerback when he signed his five-year, $75.1 million extension in 2019 however has since fallen to sixth. He identified in an Instagram submit that he’s now not the highest-paid cornerback on his personal crew, having been overtaken by Byron Jones, who signed a five-year, $82.5 million deal as an unrestricted free agent earlier than the 2020 offseason.
Howard led the NFL with 10 interceptions and 20 passes defended final season en path to being named a first-team All-Professional. He has 22 interceptions and 55 passes defended since coming into the league out of Baylor in 2016. Solely the Baltimore Ravens’ Marcus Peters (23) has extra picks throughout that span.
The main points of Howard’s restructured contract have been first reported by NFL Community.
The Related Press contributed to this report.