On Saturday, Wake put pen to paper on a new contract that spans two years and is worth $15 million, including $10 million guaranteed at signing, per ESPN's Adam Schefter. The Houston Chronicle's Aaron Wilson confirmed Wake's new deal.
Provided he plays to his considerable abilities, it's almost guaranteed Wake will finish out his NFL career playing for only one team. The 34-year-old played in only seven games last season due to a torn Achilles, yet he still managed seven sacks in that span.
Despite his age, there's reason to believe he can still be a prominent contributor for Miami in the coming years, provided he's healthy coming off an admittedly severe injury. Retaining Wake was also key in light of Olivier Vernon's departure to the New York Giants this offseason.
Defensive end Mario Williams was brought aboard to help absorb Vernon's loss, though, like Wake, he's also nearing the end of his prime.
Former first-round pick and likely bust Dion Jordan deprived the Dolphins of a possible dynamic depth option in terms of pass-rushers, but it certainly helps to have the likes of Ndamukong Suh causing disruption in the trenches.
New head coach Adam Gase has to be thrilled to have an exemplary leader like Wake secured for the future as he tries to change the culture in Miami and help the Dolphins legitimately challenge the New England Patriots for AFC East supremacy.
Amid the turbulence the Dolphins have endured in recent years, Wake has been a rare constant with his production on the gridiron and professionalism.
Part of that loyalty and conduct has to stem from the fact that the Dolphins revived his NFL dreams after he spent two strong seasons in the CFL.
Wake has evolved into a legitimate franchise player, and his extended stay in Miami ensures the team will have one of the most terrifying defensive lines in the league in the coming years.
But with Wake near the end of his career, the Dolphins could stand to improve at his position to prepare for when he eventually does retire. Although Wake and Williams make a dynamic tandem, it's imperative for Miami to upgrade the talent behind those two studs.