Tua Tagovailoa Contract: Salary, Cap Hit, Potential Extension

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Miami Dolphins quarterback Tua Tagovailoa walks on the field
(AP Photo/Julio Cortez)
BetMGM Staff @BETMGM Jan 26, 2023, 1:40 PM

Drafted No. 5 overall in the 2020 NFL Draft, Dolphins quarterback Tua Tagovailoa has a ton of potential and is likely the key to how Miami performs in the years moving forward.

Tua Tagovailoa Salary

The Miami Dolphins quarterback is still on his first contract after being drafted fifth overall in 2020. Tagovailoa inked a four-year, $30,275,438 deal with the team, including a $19,578,500 signing bonus, with $30,275,438 guaranteed and an average annual salary of $7,568,860.

His deal is fully guaranteed, and a fifth-year option is available.

In 2023, the former Alabama standout has a base salary of $1,010,000, a roster bonus of $3,728,469, and the broken-up portion of his signing bonus of $4,894,625.

Tua Tagovailoa Cap Hit

The 24-year-old will carry a cap hit of $9,633,094 in 2023.

Tua Tagovailoa Potential Extension

Tagovailoa had a breakout campaign in 2022, despite missing four games and Miami’s Wild Card matchup against the Buffalo Bills. Tagovailoa suffered multiple concussions in the 2022 season but still put up career-best numbers.

While his performance helped Miami to a 9-8 record and a playoff berth, questions about his health may stall an immediate contract extension. While he may not be in the A-class of the NFL elite, the talented pivot is undoubtedly in the second tier.

Comparing his numbers, age, and potential to similar quarterbacks, he will be in for a considerable raise come negotiating time. The Crimson Tide alum could be in line for a deal in the neighborhood of 5-7 years for $230-250 million.

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BetMGM Staff

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Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.

Our BetMGM authors are sports experts, with a wealth of knowledge of the sports betting industry at all levels. Their coverage includes sports news across players, teams and coaches, providing betting previews and predictions, fun facts and more.