Several Dolphins have wondered among themselves why Miami has been looking so closely at first- and second-round receivers, and their suspicion is that the Dolphins want to replace Mike Wallace in a year or so. Several players believe some of these coaches aren’t big fans of Wallace, and “Joe Philbin is running that place,” one prominent agent said.
But Wallace will have a big cap hit whether he's here or not in 2015. If Wallace is on the team in 2015, his cap hit would be $12.1 million. If he’s cut, it would be $9.6 million. If he’s traded, it would be $6.6 million.