The Kansas City Chiefs traded star wide receiver Tyreek Hill to Miami for a package of draft picks on Wednesday, and the Dolphins are giving the three-time All-Pro first-teamer a $120m, four-year contract extension, a person familiar with the moves told the Associated Press.
The Chiefs will get the Dolphins’ first- and second-round picks along with their fourth-rounder in this year’s draft, and fourth- and sixth-round picks next year, according to the source.
Hill’s agent, Drew Rosenhaus, said the next extension from Miami includes $72.2m guaranteed.
The Chiefs had been in discussion with Hill on a contract extension in part because they were seeking relief from a tight salary cap situation. But the talks had stalled over the past few days, and Hill’s representatives requested permission to seek a trade, which came together quickly with multiple teams expressing interest in him.
NFL Network’s Ian Rapoport and Tom Pelissero reported that Hill’s contract extension was the sticking point that led to the end of his time with Kansas City, where he helped the Chiefs captured their first Super Bowl title in 50 years while making the All-Pro first team in 2016, 2018 and 2020.
Other teams in the mix for Hill included the Green Bay Packers and the New York Jets.
Hill, 28, has made the Pro Bowl every year he’s been in the league. He has 479 career receptions for 6,630 yards and 56 touchdowns in 91 games (73 starts) for the Chiefs. He has another 719 yards rushing with six TDs.
He earned his sixth Pro Bowl appearance in 2021 after catching 111 passes for 1,239 yards and nine TDs. The Chiefs selected him in the fifth round of the 2016 draft.
