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Tyreek Hill, Dolphins agree to new deal worth $90 million over next three years

A month after making it known he'd like a new contract, Tyreek Hill has received his wish.

Hill and the Dolphins have agreed to a new deal that will pay the All-Pro receiver $90 million over three years, including $65 million in guaranteed money, NFL Network Insider Ian Rapoport and NFL Network's Cameron Wolfe reported.

The adjusted deal does not add any new years to his existing contract, but does bump up his total guaranteed money to $106.5 million, per Rapoport.

When Hill arrived in Miami via trade from Kansas City, he instantly received a four-year, $120 million deal in 2022. The $30 million-per-year average vaulted him to the top of the receiver pay scale, and it wasn't until this offseason that another receiver moved past Hill's $30 million mark. With the evolution of the receiver market came a new desire for a better deal for Hill, who didn't receive additional security (in terms of years) with this adjusted deal but certainly benefits from the significant increase in guaranteed money.

Hill has undoubtedly earned it. He's caught 119 passes in each of the last two seasons, breaking 1,700 receiving yards in each campaign spent with the Dolphins, including a career-best 1,799 yards and 13 touchdowns in 2023. At 30 years old, Hill knew now was the time to cash in on his earning power, and the Dolphins worked with his representation to make it happen.

When Miami extended Jaylen Waddle to the tune of $84.75 million over three years, it was fair to wonder how the Dolphins would be able to keep both Waddle and Hill on the roster without eating up too much cap space. They appear to have found common ground with this agreement, ensuring their top offensive weapon remains happy in another big year for the franchise.

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