Dolphins, Tyreek Hill Agree To Extension After Trade

MIAMI, FL — The Miami Dolphins have acquired All-Pro wide receiver Tyreek Hill in a trade with the Kansas City Chiefs in exchange for five draft picks, the team announced Wednesday.

The Dolphins are sending a first-, second- and fourth-round pick in the 2022 NFL Draft and a fourth- and sixth-round pick in 2023, according to the report. The 2022 first-round pick is No. 29 overall, and the second-rounder is No. 50.

The Dolphins and Hill agreed to a four-year contract extension worth $120 million with $72.2 million guaranteed, according to ESPN's Adam Schefter, making Hill the highest-paid receiver in NFL history. The contract surpassed Davante Adams' recently signed deal with the Las Vegas Raiders in terms of average annual value.

Drew Rosenhaus, Hill's agent, tweeted a congratulatory photo of Hill after the trade and extension were announced.

Earlier Wednesday, Hill was given permission to seek a trade after the two sides couldn't come to an agreement in contract extension talks. The Dolphins and New York Jets were reported to be the top suitors for Hill.

Hill has been selected to the Pro Bowl each of his six seasons and is a three-time All-Pro. He has 6,630 receiving yards and 56 touchdowns and another 719 yards and six scores on the ground in 91 career games. In 2021, Hill caught 111 passes for 1,239 yards and nine touchdowns.

The Hill acquisition provides Miami quarterback Tua Tagovailoa with his most potent weapon since he was drafted by the Dolphins with the fifth pick of the 2020 NFL Draft.

This story is being updated.