The Dolphins' cap situation makes it a challenge for them to spend franchise tag money on Holland, who, despite a mediocre 2024 campaign, can still generate plenty of interest from teams looking to shore up their defense, particularly against the pass.

NFL teams may designate a franchise player with a tag that would ensure that one of their impending free agents stays for at least one more year. While the Miami Dolphins have a long list of players set to hit the market in March,

Miami could have presented one or the other of them leaving town by using either the franchise or transition tag, but ultimately general manager Chris Grier declined to do so. Now, he has to decide whether he wants to pull the trigger on the tag this year with his 2021 second-round pick in safety Jevon Holland.