Two weeks ago, the Dolphins picked up the fifth year option on quarterback Ryan Tannehill’s contract. They’re now extending it even farther than that.
A league source confirms that the Dolphins have agreed to terms with Tannehill on an extension. The news was first reported, as best we can tell, by Armando Salguero of the Miami Herald.
Per Salguero, it’s a four-year extension that puts him under contract through 2020.
The numbers have not yet emerged. Tannehill, the eighth overall pick in 2012, was due to make roughly $2 million in 2015 and $16.1 million in 2016. Thus, anything beyond $18 million will be the “new” money in the deal.
The top of the quarterback market currently pays out more than $20 million per year. It’s likely that the Dolphins gave Tannehill good money based on his performances over three years and his perceived potential going forward, but that Tannehill didn’t get the kind of high-end cash that would have required franchise-level play over the next two years.
He’s the first quarterback from the class of 2012 to get a second contract. Other notable signal-callers from that draft include Andrew Luck and Russell Wilson.
