Dolphins OLB Cameron Wake has agreed to a contract extension that will make him one of the league's highest-paid pass rushers. Per reports, the four-year deal is worth $49 million, including $20 million guaranteed.
“We are pleased that we were able to reach an agreement with Cam and his agent, Paul Sheehy to extend Cam’s contract,” GM Jeff Ireland said. “Cam has been a productive player ever since he joined the Dolphins, and has been a great teammate and an outstanding citizen. His work ethic and professionalism on the field and in the locker room has made him a leader by example. We also appreciate all the community activities he has done. We always try to reward our own players for their contributions to the team and Cam certainly deserves that recognition. I want to thank Cam and Paul for their hard work in getting this extension done.”
Wake skipped the team's voluntary workouts last week while waiting for the new contract to be finalized. Wake and Sheehy reportedly had been working on a new deal for two years. He was originally supposed to make $615,000 this coming season.
The former Canadian Football League player has been a star for the Dolphins the past two seasons, recording a combined 22½ sacks and 99 tackles in 2010 and '11.
The way we see it
Next offseason was already looking precarious for the Dolphins with their two star players both up for new contracts. This move now allows Miami some flexibility with OLT Jake Long. They can apply the franchise tag after the 2012 season and have more time to focus on trying to get a long-term deal done.
By locking up Wake, it takes away a distraction from the Dolphins heading into the summer.