The Miami Dolphins have recently made headlines, not just for their on-field strategies but also for their financial maneuvers off the field. The team has made a significant financial commitment by signing star wide receiver Jaylen Waddle to a lucrative contract extension worth $84.75 million over three years.
Impact of Jaylen Waddle’s Extension on Miami Dolphins
The decision to secure Jaylen Waddle with an extension that dispatches a whopping $28.25 million per year in new money is seen as a strategic move with multiple layers of implications.
According to Mike Florio of Pro Football Talk, this could very well be a signal of a shift in the team’s hierarchy. “The decision to give receiver Jaylen Waddle an extension that pays $28.25 million per year in new money was regarded as a precursor to fixing Hill’s contract. What if the deal is about commencing the transition for Waddle from No. 2 to No. 1?” Florio speculates.
This development comes at a time when the NFL market is adjusting to new benchmarks set by players like Justin Jefferson, who recently became the highest-paid non-quarterback in NFL history. This shift raises valid questions about the Dolphins’ plans for Tyreek Hill, who has been vocal about his expectations for a raise.
Miami Dolphins’ Strategy with Tyrek Hill
Despite Hill’s clear expectations, the Dolphins might not be in a rush to adjust his contract. Florio points out, “The Dolphins don’t need to re-do Hill’s deal this year. They could do it next year if they want.
Or they could keep him for two more years and then re-do the deal or cut him instead of paying him $45 million in 2026.” This approach suggests a cautious strategy by the Dolphins, weighing the future value and contributions of Hill against his current contract terms.
This move has not only solidified Waddle’s position in the team but also sparked a debate about the future of another star, Tyreek Hill.
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