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The Miami Dolphins and star receiver Jaylen Waddle have agreed to phrases on a three-year extension value $84.75 million with $76 million assured.
This simply in: Miami and WR Jaylen Waddle reached settlement at present on a three-year, $84.75 million contract extension that features $76 million assured, per sources. The deal makes Waddle one of many league’s high 5 highest-paid receivers.
WME Soccer negotiated and confirmed… pic.twitter.com/ePTd2j0Z50
— Adam Schefter (@AdamSchefter) May 30, 2024
Waddle’s annual wage of $28.25 would make him the fourth highest-paid receiver within the NFL, trailing solely A.J. Brown ($32 million), Amon-Ra St. Brown ($30 million), and his teammate Tyreek Hill ($30 million).
His $76 million whole assured cash would rank him third at his place behind A.J. Brown ($84 million) and Amon-Ra St. Brown ($77 million). With wage conversions, his assured wage of $56 million would rank fourth amongst receivers per Jason Fitzgerald at OTC (Over The Cap).
Waddle’s assure ought to be about $56M in new assured wage. That ought to rank 4th amongst extensive receivers. Thats tops within the league when you think about the size of the contract #Dolphins
— Jason_OTC (@Jason_OTC) May 30, 2024
There’s little doubt that Waddle has earned the shiny new contract, posting three consecutive 1,000+ yard seasons, twenty whole touchdowns, broke the rookie receptions file, and is projected to be one of many NFL’s high receivers for the foreseeable future.
Groups are throwing cash at receivers in 2024 like they’re Oprah. You get $20+ million. You get $20+ million a 12 months. Everybody will get $20+ million a 12 months. Waddle is the most recent recipient of this pattern, and the Dolphins have been sensible to get this deal carried out now.
The Dolphins should wait till June 2nd when Xavien Howard’s cash turns into out there as a result of their 2024 cap is all dried up, and it raises questions concerning the Dolphins future cap flexibility. Might Waddle’s extension have an effect on Tua’s deal, or may this be an indication the Dolphins are trying towards a future with out Tyreek Hill?
Both means, the Dolphins needed to make this transfer as a result of in the event that they didn’t, it will price them an arm and a leg subsequent offseason. It’s a ton of cash now, however like they are saying, yearly that passes, the TV cash goes up and up, and these contracts look higher and higher. With Waddle’s productiveness, reference to Tua, and off-field maturity, this extension appears like a house run.
Jaylen Waddle in his first 3 years as a Miami Dolphin:
➖ 3,385 profession receiving yards
➖ 20 whole profession touchdowns
➖ Broke rookie file for receptions (2021)
➖ ninth WR in NFL historical past to begin profession with 3 consecutive 1,000-yard receiving seasons
➖ fifth WR in NFL historical past… https://t.co/Gn5vs5Mzp4 pic.twitter.com/KKNTZLWm6x— FinsXtra (@FinsXtra) May 30, 2024
Tell us within the feedback how you are feeling about Jaylen Waddle’s contract extension and the way it would possibly influence the staff post-2024.
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