The Miami Dolphins have approximately $16.4 million in salary-cap room remaining. But the team is at the point where they are bargain hunting in free agency and preparing for the NFL draft.

Miami spent big in free agency during the first week, and that included its $47 million contract to Pro Bowl left tackle Branden Albert. But the key portion of that contract is guaranteed money, and according to ESPN Stats & Information, Albert got the second-most guaranteed money in free agency this year with $26 million.

The Dolphins clearly are heavily invested in Albert protecting the blindside of third-year quarterback Ryan Tannehill. These two players will be closely linked together in the success of Miami’s offense next season and potentially beyond. Miami allowed a franchise-record 58 quarterback sacks last season, and Albert is expected to reduce that number.

Albert has a tall task of stopping the opposing team’s best pass-rusher on a weekly basis. But he is being compensated well for his services.

Albert’s guaranteed money is only surpassed by Pro Bowl safety Jairus Byrd, who received $26.3 million in guaranteed money after leaving the Buffalo Bills for the New Orleans Saints this offseason. New Denver Broncos cornerback Aqib Talib was slightly behind Albert with $25.5 million in guarantees.