Phillips (Achilles) had his fifth-year option on his rookie contract exercised by the Dolphins on Monday.
Phillips expects to be ready by Week 1, and it was previously reported by Marcel Louis-Jacques of ESPN.com that Miami picking up his option was the plan, according to GM Chris Grier. The 2021 first-round selection was on pace to smash all his career-best totals before tearing his right Achilles in Week 12 and now will look to build off of that going into 2024 with two years now left on his contract.