The Miami Dolphins announced that they have signed Terrill Hanks and seven other players to futures contracts.
Hanks entered the NFL as an undrafted free agent out of New Mexico State University. Hanks was a four-year starter for the Aggies where he totaled 395 tackles, 11 sacks, 8 interceptions, 22 passes deflected, and 4 fumble recoveries in 46 career games. The Immaculata La-Salle Alum started in 43 games and earned All-Sun Belt Honors as a Junior in 2017.
Hanks was projected as a round 4-5 draft selection but ended up surprisingly undrafted. His hard work and dedication led him to a practice-squad opportunity with the Dolphins and ultimately his new Futures Contract.
The NFL’s Futures contract is the same as a regular active-roster contract, with the regular rules for minimum veteran salaries. The catch is that the contract won’t count against the salary cap or 53-man limit. Instead, it’ll count against the salary cap and 90-man camp limit of the following season.
In short terms, this contract is used for players who are just not there yet in terms of an active roster spot, but the team believes they might in the future. This means Hanks will be around during OTAs and Training Camp to fight for a spot on the active roster.