The Dolphins gave up big to acquire Bradley Chubb and they’re willing to pay him big to keep him in Miami beyond 2022.
Chubb and Miami on Thursday agreed to a five-year, $110 million contract extension, NFL Network insider Tom Pelissero reported.
Chubb’s new contract includes $63.2 million in guaranteed funds and a maximum of $111.25 million with incentives per Pelissero. With Chubb’s remaining rookie salary, the value creeps towards the $120 million mark and lands at just under $119 million by 2027.
At first glance, the Dolphins are certainly digging deep to keep Chubb, a player who has only broken double-digit sacks once in his career. The overtime places Chubb among the top six edge rushers in average annual salary ($22 million per year), just ahead of former Broncos teammate Von Miller. Chubb’s guaranteed cash is the fifth-highest at the position, according to Over The Cap, while his deal is competitive with just about anyone not named TJ Watt, Joey Bosa, or Myles Garrett.
Leverage is often as important in these deals as performance, and after Miami sent a package to Denver that included a first-round selection for 2023, Chubb’s representation certainly had the leverage needed to pull off a hefty salary .
The numbers are a little surprising given the production, but one can’t summarize Chubb’s career to this point without mentioning his repeated health mishaps. Since amassing 12 sacks in his 2018 rookie season, the former fifth overall pick has not played a full season, appearing twice in fewer than eight games (four in 2019, seven in 2021).
When healthy, Chubb was an effective defenseman for a Broncos team that has struggled to reinvent itself since winning Super Bowl 50. With 5.5 quarterback takedowns in 2022, Chubb is well on his way to flirting with his rookie sack, 12 total, and he’s joining a team that also has an underrated edge-rusher in Emmanuel Ogbah, who has quietly proven himself to be a consistently effective contributor since joining the Dolphins in 2020. By comparison, Ogbah’s numbers are down this season after recording nine sacks in consecutive campaigns, but he should benefit from the addition of Chubb.
Miami knew it needed a crucial edge rusher who could put consistent pressure on opposing quarterbacks and take some of the pressure off his talented but overworked secondary. The Dolphins’ defensive stat rankings are well below expectations in 2022, standing 23rd in total defense and 26th against pass, while ranked 23rd in sacks and 27th in passes share sales.
Miami just needs to be better this side of the ball, and it starts with chasing the passer organically. The Dolphins believe Chubb is their man to get the job done and paid him accordingly.