Miami has $9.8 million in cap space as of this morning.
Seems a bit of a low figure being that Miami was estimated to have approximately $114 million dedicated to salaries and could roll close to $8 million in cap space to 2012. This is from a league source. The Dolphins still have flexibility too with the ability to restructure the contracts of players like Jake Long, Karlos Dansby, Yeremiah Bell, and others. **UPDATE** Miami currently rests at $9.8 million after they applied RFA tenders to Lydon Murtha, Jeron Mastrud, Phillip Merling, and Austin Spitler. That helps explain the low number.

