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Featured StoriesFootballHeadlinesJaylen WaddleMiami Dolphins

Dolphins sign star player to contract extension

May 30, 2024 by Steve DelVecchio • Comments
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A Miami Dolphins helmet on the grass
Aug 22, 2015; Charlotte, NC, USA; A Miami Dolphins helmet lays on the field prior to the start of the game against the Carolina Panthers at Bank of America Stadium. Mandatory Credit: Jeremy Brevard-USA TODAY Sports

The Miami Dolphins have signed one of their key players to a long-term contract extension, but their quarterback will still have to wait for his new deal.

Jaylen Waddle has agreed to a 3-year, $84.75 million extension with the Dolphins, according to multiple reports. The deal includes $76 million in guaranteed money.

This just in: Miami and WR Jaylen Waddle reached agreement today on a three-year, $84.75 million contract extension that includes $76 million guaranteed, per sources. The deal makes Waddle one of the league’s top five highest-paid receivers.

WME Football negotiated and confirmed… pic.twitter.com/ePTd2j0Z50

— Adam Schefter (@AdamSchefter) May 30, 2024

Waddle’s contract makes him the fourth highest-paid wide receiver in the NFL in terms of average annual value. The only wide receivers with a higher annual salary are Waddle’s teammate Tyreek Hill, Detroit Lions star Amon-Ra St. Brown, and A.J. Brown of the Philadelphia Eagles.

The Dolphins drafted Waddle with the No. 6 overall pick in 2021. He has had more than 1,000 yards receiving in each of his first three NFL seasons. Waddle had 72 catches for 1,014 yards and 4 touchdowns in 14 games last season.

With Waddle now locked up long term, the big question is whether Tagovailoa will have a new contract before the start of the 2024 season. Some details recently emerged about the negotiations between the two sides.

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