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WR Albert Wilson Accepts a Huge Pay Cut to Stay With Dolphins

The Dolphins restructured the contract of veteran receiver Albert Wilson on Tuesday, doing their part to ensure that the Port St. Lucie native will be part of the team in 2020, Omar Kelly of the South Florida Sun-Sentinel reports.

Wilson was scheduled to earn $9.5 million in base salary and a workout bonus, and had a cap hit of more than $10.8 million. But none of that money was guaranteed, so the Dolphins could have cut him at any time to create $9.5 million in cap space.

According to a league source, Wilson will now earn $3 million in base salary, and $1 million of that is guaranteed. He also has the potential to earn $1 million in incentives tied to playing time.

His new contract makes him the second-highest paid receiver on the team, behind only DeVante Parker. Wilson had previously been the fourth-highest paid player on the team when it came to base salary.

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