Friday, July 31, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Dolphins Make Tyreek Hill NFL’s Highest-Paid Receiver

  • Miami shook up the AFC East by acquiring six-time Pro Bowl WR Tyreek Hill from the Chiefs in exchange for five picks.
  • Hill signed a four-year, $120 million extension — overtaking Davante Adams as the highest-paid WR and non-QB in NFL history.
Jamie Germano-USA TODAY NETWORK/Design: John Regula

Less than a week after Davante Adams became a Raider — and the NFL’s richest WR — the Miami Dolphins one-upped Vegas with their own blockbuster trade.

The Fins shook up the AFC East on Wednesday by acquiring six-time Pro Bowl WR Tyreek Hill from the Chiefs in exchange for five picks, including a 2022 first-rounder. 

Hill signed a four-year, $120 million extension ($72.2M guaranteed) — overtaking Adams as the highest-paid WR and non-QB in NFL history ($30M AAV).

A sputtering offense in 2021 (20.1 PTS/G, 214.8 YDS/G) put Tua Tagovailoa’s future as the franchise QB in doubt. Now, Miami could be in the hunt for its first division title since 2008.

  • Last season, Hill caught a career-high and franchise-record 111 receptions for 1,239 yards and nine touchdowns.
  • Over the last five seasons, his 26 receiving TDs on 20+ yard passes led the league — the Dolphins scored a combined 22 over that span.
  • Hill is one of four players since 1970 with at least six TD catches in each of his first six NFL seasons (Randy Moss, Larry Fitzgerald, Marvin Harrison).

On Tuesday, the Dolphins made another show of faith in Tua, making the best free-agent lineman, OT Terron Armstead, the eighth-highest-paid tackle in the NFL (5 YR, $43.4M).

The Dolphins have spent $195.9 million in guaranteed contracts alone this offseason, though they’re still Super Bowl long shots (+3500*).

Meanwhile, Patrick Mahomes just lost his best weapon, and the Chiefs are still third-favorites (+900*).

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

WPBL

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.

After $9.6 Billion Seahawks Sale, Which NFL Team Is Next?

NFL owners aren’t rushing to sell despite soaring values.
Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
podcast thumbnail mobile
Front Office Sports Today

7/31/26 – UEFA’s FIFA Boycott, LeBron’s ‘Last Dance’ Doc, Tush Push Stays

0:00

Featured Today

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
Jul 27, 2026; New York City, New York, USA; New York Mets second baseman Marcus Semien (10) is greeted at home plate by center fielder Tyrone Taylor (28) after hitting a two run home run against the Atlanta Braves during the sixth inning at Citi Field.

Meet the Mets’ Prediction-Market Pick: Novig

The Mets chose Novig over industry giants like Kalshi and Polymarket.
July 26, 2026

49ers’ Strange Offseason Takes Another Turn With Shanahan Crash

Shanahan will be limited for the start of training camp.
July 29, 2026

Shohei Ohtani’s Health Has Become Dodgers’ Biggest Question

The two-way phenom is not pitching and slumping offensively.
Sponsored

The Football Marketing Offensive Playbook

How to activate during the moments that matter most to football fans.
July 26, 2026

LeBron Officially Signs $8M Deal As Sixers Continue Roster Shuffle

James agreed to a two-year deal with the Sixers on Friday.
April 17, 2026, Boston, MA: Sponsor Signage is displayed during the game between the Detroit Tigers and the Boston Red Sox at Fenway Park in Boston, Massachusetts. Friday, April 17, 2026.
July 24, 2026

Red Sox 15-Game Win Streak Cost Boston Restaurant Thousands

A Red Sox promotion became unexpectedly expensive.
July 17, 2026

WNBA Union Blasts Chicago Sky For Yet Another Facility Delay

The facility has been delayed multiple times since being announced in 2024.
Mar 8, 2026; Milwaukee, Wisconsin, USA; Milwaukee Bucks forward Gary Trent Jr. (5) drives for the basket against Orlando Magic guard Jevon Carter (2) in the first quarter at Fiserv Forum.
July 16, 2026

NBA Investigating Gary Trent Jr.’s New Bucks Contract

Trent agreed to a four-year, $64 million deal on July 11.