Miami Dolphins sign Jaylen Waddle to three-year extension for $84 million

The Miami Dolphins have reportedly signed former first-round wide receiver Jaylen Waddle to a massive contract extension on Thursday, according to NFL insider Adam Schefter. The receiving star is inking a three-year extension for $84.75 million, which includes $76 million in guaranteed money. His new contract makes him one of the top-five highest-paid wide receivers in the league.

Waddle, the 25-year-old, 2021 first-round pick out of Alabama, had one more year left on his rookie contract when the Dolphins chose to exercise his fifth-year option. Now, instead of the fifth-year option, he’ll ink an extension that keeps him with the team through 2026.

He recorded his third consecutive 1,000-yard season since entering the league in 2023, and he did it in just 14 games. Through three seasons, Waddle has accumulated 251 catches, 3,385 yards and 18 touchdown receptions. He’s also added five receptions and 75 yards in postseason games.

Waddle lands coveted extension

Waddle is among the first group of receivers in his cohort to receive an extension this offseason. His peers, such as Justin Jefferson, CeeDee Lamb, Ja’Marr Chase, Brandon Aiyuk and Tee Higgins, are all still looking for their big paydays to come through.

Earlier in the offseason, the Detroit Lions and Philadelphia Eagles dished out major deals for their No. 1 wide receivers. Amon-Ra St. Brown inked for an additional four years for $120 million, including $77 million guaranteed. Meanwhile, Eagles star AJ Brown signed a three-year extension for $96 million, making him the highest-paid receiver in the league. His $84 million in guarantees marked a new high for an NFL wide receiver.

The Eagles also announced a major extension for former first-rounder DeVonta Smith last month. The former Alabama star had his fifth-year option exercised on his rookie deal, then his contract extended for three more years through 2028 for $75 million. His new contract includes $51 million guaranteed.

This week, the Houston Texans rewarded wide receiver Nico Collins with a three-year extension for $72.75 million. He put up 80 catches for 1,297 yards in 15 games last season.