DAVIE (CBSMiami) – Miami Dolphins cornerback Brent Grimes is going to get paid a hefty sum of money this year, the only question is will it be for just one season or a multi-year deal.

The Dolphins’ cornerback vastly outplayed his one-year contract which was given to him after he tore his Achilles tendon the year before. Grimes is 30-years-old and like any athlete wants a multi-year contract, but the question is do the Dolphins want to give him one.

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The Dolphins have multiple holes to fill across the field, primarily on the offensive line, and though the team currently has plenty of cap room, that could disappear depending on what the Dolphins do with Grimes.

The Fins can hit Grimes with the franchise tag, which for a cornerback is estimated to cost roughly $11.2 million this year, according to CBS4 news partner the Miami Herald.

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But, that would take around one-third of the Dolphins’ cap room up this season. If the Dolphins gave him a long-term deal, the cap hits could be spread out over several years.

Grimes can be tagged as early as next Tuesday, but just because he’s hit with the franchise tag doesn’t mean he will keep a high cap hit. The tag allows the Dolphins to continue negotiating a long-term contract through June, meaning the team could still get cap relief later in the year.

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The Dolphins have used the franchise tag on defensive tackles the last two years.