Ian Rapoport of NFL Network reported the deal, noting that it would be pending physicals. Armando Salguero of the Miami Herald confirmed the deal, noting that contract work needed to be completed between Maxwell and the Dolphins. The Eagles signed Maxwell to a $63 million contract last offseason.
The 28-year-old posted an up-and-down first season with the Eagles, recording 64 tackles and two interceptions.
He's due an $8.5 million base salary for 2016, according to Spotrac. The Eagles will have to eat $13.3 million in dead cap space in the deal, so they'd actually lose $3.6 million in cap space as part of the deal.
Miami won't incur much risk here. All the dead money on his deal would be erased in any trade, so the Dolphins would only be responsible for his base salaries, which are non-guaranteed.
As Adam Beasley of the Miami Herald noted, Pro Football Focus ranked Maxwell 75th among cornerbacks last season. He struggled mightily in coverage, particularly early in the season.
"I wasn't pressing or anything," Maxwell said, via Paul Domowitch of the Philadelphia Daily News. "I just needed to sharpen my technique. The more time you're out there, the more opportunities you have to get better. My technique is definitely getting better each week."
Despite a late-season improvement, he was still seen as a disappointment. His and DeMarco Murray's signings were seen as the biggest pieces of evidence of Chip Kelly's failure in running football operations. Kelly's now in San Francisco, and new head coach Doug Pederson would likely prefer a clean slate.
The Dolphins, meanwhile, could wind up buying low on a guy who was among the most coveted players on the open market last spring. If Maxwell returns to form, it'll be a home run. Even if he doesn't, he can be cut next offseason without anyone blinking an eye.
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