According to agent Drew Rosenhaus, the Dolphins are also giving Hill a four-year, $120 million extension, with $72.2 million guaranteed and $52.535 million included at signing.
Hill is now the highest-paid wide receiver in NFL history according to the agreement. At the start of the 2023 league year, the entire $72.2 million amount becomes completely guaranteed. The deal’s three-year total is $72.5 million.
The entire amount of the deal for Hill, who was already under contract for the 2022 campaign, is $141.685 million when you factor in the $120 million in added money. Additionally, each season’s Pro Bowl incentives total $250,000 are included.
According to insiders, Hill was the subject of trade offers from the Dolphins and the New York Jets. Where Hill wanted to go became a concern.
Hill released the following statement on Twitter: “Today marks the start of a new chapter. I’m thrilled to be joining the Miami Dolphins and getting to work, but it’s difficult not to reflect on the memories, people, and fans who made my time in Kansas City so memorable.”
He also praised individuals who helped him give back to the Kansas City community through his foundation, as well as the Chiefs for “believing in me.”
Who did the Dolphins trade for Tyreek Hill?
On Wednesday, the Kansas City Chiefs traded wide receiver Tyreek Hill to the Miami Dolphins for five draft picks; a 2022 first-round pick (No. 29), a 2022 second-round pick (No. 50), a 2022 fourth-round pick, and 2023 fourth- and sixth-round picks.