Miami Dolphins wide receiver Tyreek Hill is eager to see how he fits into the new wide receiver market as he begins considering his next contract.
The offseason has introduced a series of new contracts for wide receivers, elevating the market value for the position.
Hill, expressing his anticipation on Monday, noted his interest in how these changes could impact his upcoming deal.
“I’m very excited to like just be a part of the old wave, which was $30 million, and Justin Jefferson came and surpassed that, man,” Hill stated, via click2houston.com.
“So, very proud of those guys, happy for obviously my teammate (Jaylen) Waddle getting his new deal. For guys like me, that’s great. I’m 30 years old, also looking for a new deal.
So, very, very excited to see where I fit into that category. It’s amazing.”
After signing a four-year, $120 million extension with the Dolphins following his trade from the Chiefs, Hill’s $30 million annual average was the highest for his position.
However, Over the Cap reports that in the past three months, three players, including the Vikings’ Jefferson, who set a new high with a $35 million annual average, have surpassed Hill’s average. Hill’s teammate Waddle also secured a three-year, $84.75 million extension, slightly below Hill’s average.
With Hill set to earn $19.665 million in 2024, his last year with guaranteed money, he may now need to negotiate an extension to align his salary with the current market for top-tier wide receivers.
Since joining the Dolphins, Hill has consistently been among the best in his position, earning First-Team All-Pro honors both years and making the Pro Bowl each of his eight seasons.
Last season, he led the league with an average of 112.4 yards per game, totaling 1,799 yards, just shy of his goal of becoming the first WR to surpass 2,000 yards in a season.
However, fitting Hill’s salary into the Dolphins’ future budget could be challenging due to other financial commitments.
Besides Waddle’s extension, the Dolphins are negotiating with quarterback Tua Tagovailoa, whose market value has risen with recent deals for Jared Goff and Trevor Lawrence.
Despite these financial considerations, Hill emphasized that his current focus is on leading the Dolphins to postseason success. “Oh yeah, for sure, so very excited for it, man, but the real goal is to win the Super Bowl,” Hill said.
“It’s cool to get paid and all that, but you know being able to win a Super Bowl and bring something special to the city of Miami, that’s something that can live with us forever. I believe that’s very monumental for all of us. Create greatness, man.”