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The Kansas City Chiefs are trading six-time Pro-Bowl wide receiver Tyreek Hill to the Miami Dolphins for five draft picks: a 2022 first-round pick (No. 29), second-round pick (No. 50) and fourth-round pick, plus fourth- and sixth-round picks in the 2023 draft, sources told ESPN on Wednesday.
The Dolphins are giving Hill a four-year, $120 million extension, including $72.2 million guaranteed, agent Drew Rosenhaus told ESPN. It makes him the highest-paid wide receiver in NFL history.
Both the New York Jets and the Dolphins had trades in place for Hill, according to sources. The question became where Hill wanted to become the wide receiver with a record-breaking deal.
The Jets’ trade offer to the Chiefs for Hill — that Kansas City would have accepted if the wide receiver opted for New York — did not include a first-round pick, but rather multiple picks that were commensurate to the Dolphins’ offer based on the draft value chart that teams use, sources told ESPN. The Chiefs would have gotten picks No. 35, 38 and 69 while the Jets would have gotten Hill and pick No. 103.
Davante Adams was the highest-paid wide receiver for a week after he signed a five-year contract with the Las Vegas Raiders that averages $28.5 million per season and includes $67.5 million fully guaranteed.
The Dolphins’ odds at Caesars Sportsbook to win the Super Bowl improved from 70-1 to 40-1 with the trade while their odds to win the AFC improved from 35-1 to 20-1 and the AFC East from +675 to +400.
It’s the second major move made this week by the Dolphins to boost their offense that will be installed by new head coach Mike McDaniel. On Tuesday, the Dolphins agreed on a five-year deal with left tackle Terron Armstead that is worth up to $87.5 million, a source told ESPN, locking up the services of one of the top free agents of the 2022 cycle. That deal includes $43.37 million in guaranteed money, the source said.
Dolphins…
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Source : espn
