So essentially, the Dolphins are making a $3-million bet that they will be able to keep Vernon for next season.

The Dolphins tied up $12.734 million in transition player Olivier Vernon, and the defensive end will count against the cap unless another team signs him to an offer sheet.

More than nearly anyone else in the National Football League, the Giants have the necessary funds to discourage Miami from matching.

Pierre-Paul has undeniable talent but may not match his natural ability in his prime because of a fireworks accident last offseason that led to an amputated right index finger. Plus, with talented pass rushers like Chris Long (released by the Rams) and Mario Williams (expecting his release from Buffalo) being on the market, and defensive line being the draft's deepest position, there is no guarantee that Vernon is going to get a mega deal north of five-year, $50 million. Reese and Co. made a savvy move by not overpaying a rather uncertain commodity in Pierre-Paul when they may have to overspend on a player or two on the open market.

Meanwhile, only $1.4 million of Wake's $9.8 million cap hit this year is guaranteed, but the Dolphins can convert all or part of his base salary into a signing bonus and extend his contract beyond 2016 in an effort to create even more space.

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The flight school revoked his visa after the incident and that's why he's in jail awaiting a hearing. The agency would not provide further details.

Dolphins defensive end Olivier Vernon sacks Baltimore Ravens quarterback Matt Schlub in December.

Vernon will get the transition tag, NFL Network, ESPN and the Miami Herald reported.

There are provisions in Suh's contract that will allow the Dolphins to spread out that cap hit, but a restructuring is inevitable and they could save $18 million by doing so. But they would need another starter and Wake likely can't play a full load snaps. And can you imagine what the Raiders pass rush would look like with all three?

Free agency is also a possibility. The Dolphins also must decide whether to retain four-time Pro Bowl defensive end Cameron Wake, who is 34 and recovering from a torn Achilles tendon.

Miami has been non-committal about his future.