The Dolphins also reached an injury settlement on Friday with linebacker Byron "Bam" Hardmon, but that one wasn't nearly as significant as the situation with Gadsden.
This has been, of course, one ridiculously frustrating year for Gadsden, who didn't get the extension he wanted last fall, didn't get the free agent offer he wanted this offseason, and finally had to settle for the Dolphins' relatively low-end contract proposal in June.
Finally, there was the ankle injury he sustained early in camp which has kept him sidelined.
There's no exact word yet as to when Gadsden will be ready to play football again, but it looks like at least another few weeks. It's not terribly likely another team will sign him before he's eligible to rejoin the Dolphins, but injuries around the league obviously could change that.