Jaylen Waddle

Trade Rumors: Dolphins, Jennings, Sweat, Patriots, Chargers, Bills

We’ve seen a bit of a change of trade deadline strategy in Miami since the departure of former general manager Chris Grier. With Grier, the Dolphins were not planning on being very active at the trade deadline. There was some thought that interim GM Champ Kelly would be a bit more open to hearing offers, and after some initial refusal of that notion, the team has changed its tune.

We’ve seen this a bit in rumors, as edge rushers Jaelan Phillips, Bradley Chubb, and Matt Judon have been the subject of some calls, and the Dolphins have even seemed more open to the idea of trading wide receiver Jaylen Waddle. According to Armando Salguero of OutKick, team owner Stephen Ross “approved of” — and even encouraged — Kelly selling off valuable players, if he could.

Additionally, per Salguero, Ross informed head coach Mike McDaniel that his job was safe for the season and would continue to be safe “if he can rally the team.” It’s anyone’s guess how McDaniel is expected to improve the team’s performance as the front office auctions off its best players, but that appears to be the challenge posed to the fourth-year head coach. This challenge puts particular stress on McDaniel’s handling of the quarterback position moving forward, following rumors that Tua Tagovailoa could face a demotion from his starting role.

Here are a few other rumors as we have under 48 hours remaining until the trade deadline:

  • 49ers wide receiver Jauan Jennings has worked his way up from the practice squad in his rookie season to a full-time starting role in his fifth year with the team. Jennings sought an extension in the offseason, and he threatened a trade request in order to gain leverage in negotiations. Some teams reportedly called at the time, but with so many injuries at the position already, San Francisco rebuffed them. According to Ian Rapoport of NFL Network, those same teams appear to be interested again. Head coach Kyle Shanahan has claimed he “would be very surprised” if Jennings gets dealt, mostly because they’ve yet to see the return from injury this year of Brandon Aiyuk. Rapoport suggests that, aside from that, Jennings wouldn’t be off the table.
  • We’ve already reported that the Titans appear to be open for business in the trade market with every player except rookie No. 1 overall pick Cam Ward and starting defensive tackle Jeffery Simmons. Any other player is seemingly available. Some have been surprised that this apparently includes last year’s second-round defensive tackle T’Vondre Sweat, but Terry McCormick of TitansInsider.com sees the reasoning. Per McCormick, the team has “not been enamored with him” so far. If someone with interest in the 24-year-old out of Texas comes with the right price, it sounds like Tennessee would be willing to part with him.
  • With Patriots running back Rhamondre Stevenson dealing with his recent toe injury, and with New England’s rushers underwhelming so far this year overall, rumors have made the rounds that the team could be looking at the position in the trade market. Offensive coordinator Josh McDaniels attempted to silence those rumors, per Doug Kyed of the Boston Herald, telling the media, “I think we have all the answers we need.” With Stevenson out today, the Patriots leaned on rookie second-round pick TreVeyon Henderson and RB3 Terrell Jennings against Atlanta. They also recently signed veteran D’Ernest Johnson to the practice squad and called him up for the game. Despite no single back averaging more than 35 rushing yards per game this season, McDaniels is apparently comfortable with his stable.
  • On Saturday, Dianna Russini of The Athletic reported that the Chargers were “exploring potential offensive line additions” on the trade market. If they weren’t before, they sure are now. Already dealing with a season-ending injury to left tackle Rashawn Slater and injuries this week to right guard Mekhi Becton and backup tackle Austin Deculus, Los Angeles saw its other original starter Joe Alt and replacement starter Bobby Hart exit today’s game with injuries. Down to their third options at both tackle spots, the Chargers may need to get active if they plan on continuing their push for the playoffs.
  • In regard to the Bills‘ pursuit of wide receiver help through the trade market, while a specific name to add hasn’t yet emerged, another name seemingly has. According to Joe Buscaglia of The Athletic, if Buffalo makes an addition via trade and a corresponding move is needed to fit them on the 53-man roster, depth cornerback Brandon Codrington would be the likeliest cut candidate.

Dolphins Willing To Entertain Trade Offers On Jaylen Waddle?

11:07pm: ESPN’s Adam Schefter confirms a Waddle trade is “highly unlikely.” He adds Miami would ask for a first-round pick and more in any package from an acquiring team. It would be particularly surprising if a contender were to pay that price in the middle of a season.

6:52pm: Jaylen Waddle‘s name has been mentioned in the build-up to the upcoming trade deadline despite his value to the Dolphins. Yesterday’s front office shake-up is not expected to result in a fire sale in terms of Miami roster pieces being dealt, but it appears as though the team’s stance on Waddle has shifted.

Now-former general manager Chris Grier was adamant Waddle would not be traded. Given the Dolphins’ decision to move on and replace Grier with interim Champ Kelly, though, the door could now be open to a different approach ahead of the November 4 deadline. Kelly and the Dolphins “would at least consider” a Waddle trade at this point, Ian Rapoport of NFL Network reports.

As Rapoport cautions, Miami’s preference would still be to keep the former first-rounder in the fold. Waddle, 26, is under contract through 2028. His base salary for this season (just $1.17MM) would make a trade easy to absorb for any acquiring team. Nevertheless, Waddle’s pact contains future vesting dates for guarantees and a major jump in cap hit beginning in 2027.

Of course, the Alabama product’s value to the Dolphins now and in the future makes him a logical candidate to retain past the deadline and beyond. Waddle has operated as the team’s No. 1 option in the passing game since Tyreek Hill‘s season-ending injury and he has posted at least 82 yards in four of the past five games. With Hill’s future very much in doubt for 2026, Waddle could easily find himself as a focal point on offense for many years to come.

It would certainly come as a surprise if a trade were to materialize especially in the coming days on this front. As Rapoport writes, though, organization is viewed as being “far more open” to swinging trades following the shift to Kelly for at least the remainder of 2025. At least one Miami trade can be expected as a result, per Rapoport.

Much of the pre-deadline chatter on the trade front has concerned the Dolphins’ pass rush duo of Jaelan Phillips and Bradley ChubbThose two are certainly among the more attractive EDGE options this year, and one or both could be on the move shortly. The same could now be true in Waddle’s case with a different decision-maker in place.

Eagles Could Address Pass Rush Before Trade Deadline

Since the start of training camp, the Eagles have already made seven trades as part of their efforts to repeat as Super Bowl champions, and according to multiple NFL sources, if a front office phone is ringing, chances are high that general manager Howie Roseman is on the other end looking for more. Atop the NFC East by 2.5 games with top performers at multiple positions, there is one area at which Philadelphia could see serious improvement.

Per Zach Berman of The Athletic, “the obvious spot to watch” in Philadelphia is edge rusher. After losing top sack-getter Josh Sweat to free agency in the offseason, filling out the edge has been a focus of the front office. The Eagles didn’t sign a single multi-year deal in free agency but still added a few potential high-ceiling names in Joshua Uche, Azeez Ojulari, and Ogbo Okoronkwo. There were quite a few options in the draft, as well, and the team made an intriguing selection on Day 1, trading up a single spot to draft Alabama linebacker Jihaad Campbell.

In overall team rankings, Philadelphia has been pretty middle-of-the-road with its overall pass rush. Per Pro Football Reference, the Eagles’ 16 sacks are tied for 19th in the league, and the defense is 17th in overall pressures with 58. Many of these are not coming from the edge, though. Making up 10 of the team’s 16 sacks, are two defensive tackles, Moro Ojomo (4.0) and Jordan Davis (3.0), and inside linebacker Zack Baun (3.0). The team leader in quarterback hits is defensive tackle Jalen Carter (9), and Ojomo (6) is third on the team with Davis (4) and Baun (4) tying for fourth.

Second-year pass rusher Jalyx Hunt ranks second on the team in quarterback hits with eight, but he’s only amassed one sack in the first half of his sophomore campaign. Uche has spent the second-most time on the edge behind Hunt, but he, too, only has one sack to his name while only accounting for three quarterback hits. Okoronkwo suffered a triceps tear that may have ended his season after only four snaps in his only game of the year. Finally, third-year edge rusher Nolan Smith, who started three games across from Hunt to start the season, only tallied one quarterback hit while failing to notch a sack before landing on injured reserve with a pectoral injury.

The Eagles had also signed veteran pass rusher Za’Darius Smith, who still leads the position group with 1.5 sacks despite suddenly retiring a little over two weeks ago. Retirement giveth and taketh, though, as on the heels of Smith’s retirement, long-time Eagles veteran Brandon Graham came out of retirement to sign back on with the team. Graham may be more of a culture builder or locker room presence, though, considering his final two seasons in Philadelphia paled in comparison to his career-best 2022 campaign.

The rookie Campbell is an intriguing option at the position, as well. The 21-year-old came out of high school and started his career with the Crimson Tide as an edge rusher, only moving to off-ball linebacker due to injuries at the position. He played the 2023 season almost exclusively in that role but found more versatility in where he lined up throughout his final year with the team, spending increased time in his original position.

Due to this experience, there was a good amount of speculation in how he would be used in the NFL. It seemed early on that the Eagles would be willing to entertain his usage at both positions, but they started him as an off-ball linebacker, and he earned a starting role. According to Pro Football Focus (subscription required), Campbell has excelled in the role, ranking as the team’s second-best defender and the sixth-highest graded linebacker in the NFL, so it doesn’t appear likely he’ll be moving positions.

Hence why Berman has identified the position as one the team may target in the trade market. If they do move on a pass rusher, though, they can’t make any more small moves. They’ll need to target players who can move the needle as a consistent defensive presence. Berman is one of several reporters who have identified the Dolphins as a franchise Roseman should reach out to, along with Ralph Vacchiano of FOX Sports. Specifically, edge rushers Bradley Chubb and Jaelan Phillips were identified as targets in Miami.

Both player’s careers have ebbed and flowed as injuries have taken a toll on their consistent outputs. Chubb logged a career-high 12.0 sacks as a rookie in 2018 and didn’t see double digits again until he tallied 11.0 in his first full year in Miami. Chubb missed the entire 2024 campaign with a torn ACL but has looked strong this year with four sacks and seven quarterback hits. He has no guaranteed money left on his contract after this year, so he makes perfect sense as a half-year rental that may become a cap casualty after that.

After two strong seasons to start his career, Phillips was on pace for a 14.0-sack season in 2023 before tearing his Achilles tendon after eight games. Season-ending knee surgery would cut off his 2024 campaign after half as many games. Phillips has rebounded decently, as well, though, logging three sacks and seven quarterback hits so far this year. Phillips in currently playing out the fifth-year option of his rookie deal and could leave the team in free agency, with Miami getting nothing in return.

The Eagles aren’t the only ones interested in Chubb and Phillips, though. According to Cameron Wolfe of NFL Network, multiple teams have reached out with significant interest in the oft-injured pass rushing pair. Albert Breer of Sports Illustrated added recently that veteran pass rusher Matt Judon, wide receiver Jaylen Waddle, and safety Minkah Fitzpatrick have also been points of order on phone calls.

Per Breer, Miami has been steadfast in telling the team’s inquiring about Waddle “no” in no uncertain terms. He believes the team “may be more receptive” on Fitzpatrick, though. For the pass rushers, Wolfe claims the Dolphins’ front office has been hesitant, but with the trade deadline looming, their grip may loosen a bit. The asking price for Phillips is thought to be at least a third-rounder. There was some thought that, with general manager Chris Grier parting ways with the organization this morning, a fire sale of assets may take place, but interim general manager Champ Kelly is thought to be auditioning for a full-time role, so he’ll still be fairly strategic and judicial with any trade talks that take place, per CBS Sports’ Jonathan Jones.

The Eagles are eager to deal, though. With an expectation of up to three compensatory draft picks in their future, there’s a chance Philadelphia could be sitting on 10 picks for the 2026 NFL Draft. Roseman is reportedly unafraid to trade those picks, and there’s even speculation players like wide receiver A.J. Brown and running back AJ Dillon could be available in packages, as well. Even if the Dolphins are playing hard ball with their most sought-after assets, the Eagles may be willing to play ball en route to a chance at back-to-back championships.

Dolphins-Chris Grier Fallout: McDaniel, Waddle, Replacement Candidates

Chris Grier‘s lengthy tenure with the Dolphins – including a GM run dating back to 2016 – has come to an end. It remains to be seen if head coach Mike McDaniel will remain in the organization past the end of this season, but that is a possibility at this point.

Owner Stephen Ross “still believes in” the embattled coach, Barry Jackson of the Miami Herald reports. That stance was confirmed by the news earlier today stating McDaniel will continue in his role through the end of the campaign. His performance over the coming weeks will in large part dictate whether or change on the sidelines will be made as well. Per Jackson, McDaniel has made a number of small changes in his approach over the past two weeks, including more one-on-one time being spent with players.

As Jackson adds, Ross is evaluating everything in the organization at this time. With respect to the front office, interim GM Champ Kelly will look to earn the full-time position while the fate of McDaniel (who landed an extension last offseason) will continue to be a talking point as the campaign winds down. Last night’s loss dropped Miami to 2-7 on the year, making the team an interesting one to watch ahead of next week’s trade deadline.

Several notable players have long been connected to trade interest, especially given the Dolphins’ struggles in 2025. Jaylen Waddle is among them, although it would come as a surprise if a deal were to be worked out on that front. Indeed, Grier was insistent on keeping the 26-year-old, SNY’s Connor Hughes reports. That was certainly a reasonable approach given Waddle’s importance to the Dolphins’ Tyreek Hill-less passing game. Now, though, the decision to part ways with Grier could open the door to more trades taking place than otherwise would have.

The timing of this move is intriguing since it comes just before the deadline. CBS Sports’ Jonathan Jones reports some around the NFL were surprised by the fact Grier’s run ended at this point of the season. He adds, on the other hand, the longtime executive was increasingly “feeling the pressure” with respect to his job security as the campaign progressed, meaning today’s news does not come entirely as a shock.

Kelly has until Tuesday afternoon to make a final decision on trades. In the meantime, attention will turn to his ability to earn the full-time gig while outside candidates receive consideration during the 2026 hiring cycle. With respect to potential general manager hires, Jones lists Alec Halaby (Eagles), Ed Dodds (Colts), Ian Cunningham (Bears), Glenn Cook (Browns), Jon-Eric Sullivan (Packers) and Lance Newmark (Commanders) as names to watch. Each of those executives have been connected to GM vacancies in recent years and at least most of them no doubt will be again in 2026. Connections to Miami’s opening will be worth watching for as the hiring cycle takes shape.

Steelers Interested In Trading For WRs Jakobi Meyers, Calvin Ridley?

To no surprise, the Steelers are among the teams reported to be in the market for a receiver addition prior to the upcoming trade deadline. Specific targets on that front have now emerged.

Tony Pauline of Sportskeeda reports Pittsburgh is interested in Jakobi Meyers. That comes as little surprise given the market in place for the pending free agent. Meyers is still open to being moved (as he was in the summer), and the Raiders now appear to be willing to swing a trade. Coming off a 1,000-yard campaign in 2024, Meyers is one of the top trade targets at the receiver position this year.

While he will have a strong market as a result, the same may not be true of Calvin Ridley. Per Pauline, the Titans veteran is also a target of the Steelers. Ridley topped 1,000 yards during his single campaign with the Jaguars in 2023 and did so again last year while debuting in Tennessee. The 30-year-old has not enjoyed the same level of success this season with the Titans undergoing a coaching change in the midst of quarterback Cam Ward‘s rookie campaign. Ridley has surpassed 57 receiving yards just once in 2025 and he has yet to score a touchdown.

The former Falcons first-rounder is playing out the second season of his four-year, $92MM free agent deal signed last spring. Ridley is therefore not a rental, and taking on even a portion of his $22.49MM base salary for this year would not be feasible for many suitors. His contract also contains $3MM already locked in for next season with a $1MM roster bonus due in March. The Titans recently granted Tyler Lockett‘s request to be released, so moving on from another veteran wideout as part of a rebuilding phase would not entirely come as a surprise.

Pauline adds that Jaylen Waddle is also on Pittsburgh’s radar, although the Dolphins are not expected to deal away the fifth-year receiver. Waddle (like Ridley) would be viewed as more than a rental in the event of a swap, and absorbing his contract would be challenging compared to other WR options. The Steelers have shown interest in notable wideout additions even before their offseason decisions to trade away George Pickens and add D.K. Metcalf. The team’s depth chart beyond the former Seahawk is a question mark, so a move of some kind would be feasible given Pittsburgh’s approach to the 2025 campaign.

At this point, the Steelers have roughly $6.3MM in cap space. That figure could change if a restructure or cost-shedding move is to be made before the November 4 deadline, something which would signal a trade being imminent. Pittsburgh remains a team to watch closely over the coming days, and in particular it will be interesting to see if Meyers or Ridley become heavily linked to a trade there.

Dolphins WR Jaylen Waddle Drawing Interest; Miami Does Not Plan To Deal Waddle, RB De’Von Achane

At 1-5, the Dolphins look like obvious sellers as the November 4 trade deadline approaches, and sharks are smelling blood in the water. Per Ian Rapoport of the NFL Network, several teams have called Miami to inquire about wide receiver Jaylen Waddle.

However, the ‘Fins have told those clubs that they have no interest in moving Waddle. Although Miami will surely entertain offers on players on expiring deals, Waddle is under contract through 2028 by virtue of the three-year, $84.75MM extension he signed last year. Moving him would suggest the Dolphins are seeking to rebuild rather than reload for 2026, and it does not appear the team is ready to do that.

Waddle, who will turn 27 next month, was the No. 6 overall pick of the 2021 draft, and he lived up to his draft status right away, catching 104 balls for 1,015 yards and six TDs as a rookie. His yards-per-reception rate (9.8) was a bit underwhelming, but he more than made up for that with a sophomore campaign in which he caught 75 passes for 1,356 yards – good for an NFL-best 18.1 YPR rate – and eight scores.

He landed the above-referenced extension after his third professional season in 2023 (which was the first time he was eligible for a second pro contract). Despite missing three games that year, he still managed to top the 1,000-yard mark while maintaining a solid 14.1 YPR average, so the Dolphins seemingly had no issue authorizing a big-money deal.

His production took a downturn in 2024, as he tallied 58 receptions for 744 yards and just two TDs. In fairness, Tua Tagovailoa played just 11 games last year, but Miami’s QB1 has played more than 13 contests just once during Waddle’s tenure (2023). 

Through the first six games of the current slate, Waddle has posted 29 catches for 390 yards and three TDs. It seems WR-needy teams have no qualms about his abilities, though the Dolphins are understandably taking the stance that the Alabama product is staying in South Beach.

They are saying the same thing about running back De’Von Achane. The 2023 third-rounder’s rookie pact runs through 2026, and his body of work includes a career average of 5.5 yards per carry. He is averaging nearly 100 scrimmage yards per game this year, to go along with six total scores.

As such, it is not surprising that rival teams would have interest, and the Seahawks have been named as a potential suitor. But as Barry Jackson of the Miami Herald wrote even before Rapoport’s report, the Dolphins are not looking to move either Waddle or Achane.

Rapoport says it is more likely that the Dolphins look to trade an edge rusher like Bradley Chubb or Jaelan Phillips, who have already surfaced in trade rumors. While Chubb is technically under contract through 2027, his deal contains no more guaranteed money beyond this year, which will make a swap manageable from a dead money perspective. Phillips is currently on the fifth-year option of his rookie deal and is therefore an obvious trade candidate.

Matt Judon, whom Miami signed in late August to serve as a complementary pass rusher, has yet to tally a sack in six games. He is a healthy scratch for the Dolphins’ Week 7 contest against the Browns, and both Rapoport and Jonathan Jones of CBS Sports consider him trade fodder (with Jones saying a Day 3 pick swap is likely enough to get a deal done).

Dolphins, Jaylen Waddle Agree On Extension

10:00pm: Waddle’s 2024 and 2025 base salaries are fully guaranteed, and Pro Football Talk’s Mike Florio relays the Dolphins are giving their younger 1,000-yard receiver early security for 2026. Waddle’s ’26 base salary ($16.6MM) will shift from an injury guarantee to a full guarantee in March 2025.

Adding to what is a player-friendly structure, the Dolphins will guarantee a sizable portion of Waddle’s 2027 base ($23.4MM) a year early too. By March 2026, $15.2MM of that ’27 salary converts from an injury guarantee to a full guarantee, Florio adds. The rest of the salary becomes fully guaranteed in March 2027. Waddle’s 2028 salary ($25.8MM) is nonguaranteed.

9:06am: The Dolphins picking up Jaylen Waddle‘s fifth-year option bought them another year on the extension front, and coming into Thursday, only one team in the fifth-year option era had extended a wide receiver with two years of rookie-contract control remaining. Miami will join Philadelphia in bucking this trend.

Waddle and the Dolphins are in agreement on a three-year deal worth $84.75MM, according to ESPN’s Adam Schefter. This deal, which had been on Miami’s radar for a bit, will come with a whopping $76MM guaranteed. With Waddle’s option exercised, this will tie the 2021 first-rounder to the Dolphins through the 2028 season.

[RELATED: Early Extensions For First-Rounders In Fifth-Year Option Era]

In terms of average annual value, Waddle’s $28.25MM number checks in fourth at wide receiver — between the 2022 deals given to Tyreek Hill and Davante Adams. While Waddle’s deal comes in south of the pacts given to A.J. Brown and 2021 draft classmate Amon-Ra St. Brown earlier this year in terms of AAV, it includes more in total guarantees than Hill received two years ago. Waddle’s $76MM guaranteed comes in behind only Brown ($84MM) and St. Brown ($77MM). It is not yet known how much the Dolphins are guaranteeing Waddle at signing.

This breaks with trends on multiple fronts. The Eagles struck early on a deal with ex-Waddle Alabama teammate DeVonta Smith, giving the slender target a three-year, $75MM extension earlier this offseason. In the option era (2014-present), that marked the first instance of a team extending a rookie-deal wideout with two seasons of control remaining. The Dolphins are wading into deeper waters by comparison, now employing two of the NFL’s top five highest-paid wideouts in Hill and Waddle.

Illustrating the increased value of the receiver market, the Dolphins join the Eagles, Buccaneers, Bears and Texans with two $20MM-per-year WRs. Though, only Philly and Miami have two wideouts at $20MM per annum through 2026.

Hill’s $30MM-per-year agreement, the position’s top number between March 2022 and April 2024, included a lofty final-year salary to prop up the AAV. Waddle’s accord, per NFL.com’s Mike Garafolo, does not contain any fluff to reach the $28.25MM-per-year figure. It will now be interesting to see if the Dolphins adjust their All-Pro wideout’s deal, which runs through 2026. While Hill’s contract carries that oft-referenced $30MM-per-year average, the future Hall of Famer’s guarantees run out by 2025. And Hill has long been viewed as unlikely to play on his 2026 base salary ($43.9MM), setting up another negotiation between the parties.

As for Waddle, he has joined Smith in providing quality WR2 work in a high-octane offense. The Dolphins, who slid down nine spots to help the 49ers add Trey Lance in 2021, traded a future first-round pick to climb from No. 12 to No. 6 for Waddle in that draft. They ended up with an instant weapon, albeit one that dropped into a No. 2 role once the team acquired Hill in 2022.

Waddle, 25, has ripped off three straight 1,000-yard seasons to start his career. His 3,385 receiving yards through three seasons rank 16th in NFL history. Though, that number sits third in his own draft class — behind St. Brown and Ja’Marr Chase. Waddle is, however, the first player in Dolphins history to start a career with three straight 1,000-yard seasons.

Although Waddle missed three games last season, he had only missed one contest over his first two years. In 17 games alongside Hill in 2022, Waddle totaled 1,356 yards and eight touchdown receptions. The younger of Miami’s two elite WR speedsters led the NFL with 18.1 yards per reception that season, playing a central role in Tua Tagovailoa‘s ascent under Mike McDaniel. Waddle’s 2.73 yards per route run ranks fourth in the NFL (among wideouts with 800-plus routes run) over the past two years, per ESPN.

The Dolphins have not yet extended Tagovailoa, but they are committing to his former Crimson Tide target early. That could certainly prove wise, given where the WR market could end up by offseason’s end.

The Vikings and Cowboys face the prospect of approaching or surpassing the $35MM-per-year mark for their top wideouts — Justin Jefferson, CeeDee Lamb — and this Waddle extension will likely impact the 49ers’ talks with fellow 2020 first-rounder Brandon Aiyuk. The Bengals have some time with Chase, but seeing as three other receivers from the 2021 draft are now signed to second contracts, the price is rising for Cincinnati.

For Miami, it will be interesting to see how the team proceeds with Tagovailoa. The talented QB’s talks, which have already produced one rejected offer, remain the centerpiece storyline in this Dolphins offseason. A re-up beyond the $50MM-plus going rate will change the equation for the Dolphins, who now have both Tagovailoa’s top weapons locked up long term. While the team acted early with Waddle, Tagovailoa is in a contract year.

The Colts are believed to have targeted Waddle in Jonathan Taylor trade talks with the Dolphins last year, but GM Chris Grier predictably shot down that ask. Less than a year later, Waddle is tied to the Dolphins for five more seasons. Dolphins’ decision with the fifth-year veteran will overshadow its other moves, though this Waddle pact continues an impactful offseason on the receiver front and will impact other teams conducting WR extension talks.

2025 NFL Fifth-Year Option Tracker

NFL teams have until May 2 to officially pick up fifth-year options on 2021 first-rounders. The 2020 CBA revamped the option structure and made them fully guaranteed, rather than guaranteed for injury only. Meanwhile, fifth-year option salaries are now determined by a blend of the player’s position, initial draft placement and performance- and usage-based benchmarks:

  • Two-time Pro Bowlers (excluding alternates) will earn the same as their position’s franchise tag
  • One-time Pro Bowlers will earn the equivalent of the transition tag
  • Players who achieve any of the following will receive the average of the third-20th-highest salaries at their position:
    • At least a 75% snap rate in two of their first three seasons
    • A 75% snap average across all three seasons
    • At least 50% in each of first three seasons
  • Players who do not hit any of those benchmarks will receive the average of the third-25th top salaries at their position

With the deadline looming, we will use the space below to track all the option decisions from around the league:

  1. QB Trevor Lawrence, Jaguars ($25.66MM): Exercised
  2. QB Zach Wilson, Broncos* ($22.41MM): Declined
  3. QB Trey Lance, Cowboys** ($22.41MM): Declined
  4. TE Kyle Pitts, Falcons ($10.88MM): Exercised
  5. WR Ja’Marr Chase, Bengals ($21.82MM): Exercised
  6. WR Jaylen Waddle, Dolphins ($15.59MM): Exercised
  7. T Penei Sewell, Lions ($19MM): Extended through 2029
  8. CB Jaycee Horn, Panthers ($12.47MM): Exercised
  9. CB Patrick Surtain, Broncos ($19.82MM): Exercised
  10. WR DeVonta Smith, Eagles ($15.59MM): Extended through 2028
  11. QB Justin Fields, Steelers*** ($25.66MM): Declined
  12. DE Micah Parsons, Cowboys ($21.32MM): Exercised
  13. T Rashawn Slater, Chargers ($19MM): Exercised
  14. OL Alijah Vera-Tucker, Jets ($13.31MM): Exercised
  15. QB Mac Jones, Jaguars**** ($25.66MM): Declined
  16. LB Zaven Collins, Cardinals ($13.25MM): Declined
  17. T Alex Leatherwood, Raiders: N/A
  18. LB Jaelan Phillips, Dolphins ($13.3MM): Exercised
  19. LB Jamin Davis, Commanders ($14.48MM): Declined
  20. WR Kadarius Toney, Chiefs***** ($14.35MM): Declined
  21. DE Kwity Paye, Colts ($13.4MM): Exercised
  22. CB Caleb Farley, Titans ($12.47MM): Declined
  23. T Christian Darrisaw, Vikings ($16MM): Exercised
  24. RB Najee Harris, Steelers ($6.79MM): Declined
  25. RB Travis Etienne, Jaguars ($6.14MM): Exercised
  26. CB Greg Newsome, Browns ($13.38MM): To be exercised
  27. WR Rashod Bateman, Ravens ($14.35MM): N/A; extended through 2026
  28. DE Payton Turner, Saints ($13.39MM): Declined
  29. CB Eric Stokes, Packers ($12.47MM): Declined
  30. DE Greg Rousseau, Bills ($13.39MM): Exercised
  31. LB Odafe Oweh, Ravens ($13.25MM): Exercised
  32. LB Joe Tryon-Shoyinka, Buccaneers ($13.25MM): Declined

* = Jets traded Wilson on April 22, 2024
** = 49ers traded Lance on August 25, 2023
*** = Bears traded Fields on March 16, 2024
**** = Patriots traded Jones on March 10, 2024
***** = Giants traded Toney on October 27, 2022

Dolphins Eyeing Extensions With WR Jaylen Waddle, S Jevon Holland

An extension for quarterback Tua Tagovailoa represents a major offseason priority for the Dolphins, but a pair of players drafted one year later are also eligible for new deals. Miami is interested in working out an agreement in both cases.

The Dolphins are expected to pursue an extension with wideout Jaylen Waddle and safety Jevon Holland, Barry Jackson of the Miami Herald reports. Both players have been with the team for three years, and as such they can sign second contracts at any time. The former could be retained through 2025 via the fifth-year option, but as a former second-rounder that is not the case for the latter.

To no surprise, Jackson adds Miami will pick up Waddle’s option in the absence of an extension. That would tie him to a fully guaranteed $15.59MM salary in 2025, a figure well short of the value near the top of the receiver market. A long-term Waddle agreement will be pricey, especially given the direction his position is headed in.

The 25-year-old – who was included in Colts trade requests involving a potential Jonathan Taylor swap – has eclipsed 1,000 receiving yards in each of his three seasons in the league, leading the NFL in yards per reception in 2022 (18.1). That production, which includes 18 touchdowns, puts Waddle slightly ahead of classmate DeVonta Smith early in their respective careers. The latter inked a three-year, $75MM extension (in addition to his fifth-year option) on Monday, placing him in a tie for fourth in the league in terms of annual compensation for receivers.

The fact Smith was able to land such a lucrative pact despite not serving as his team’s clear-cut No. 1 receiver is of course relevant in Waddle’s case. Much like how Smith plays alongside A.J. Brown, Waddle competes for targets with Tyreek Hill in Miami’s passing attack. Hill is on the books for three more years, but he only has guaranteed salary remaining on his $30MM-per-year accord for 2024. Alterations to that contract could be coming down the road, especially if a pricey Waddle commitment ends up being made.

Holland has been a mainstay in Miami’s secondary upon arrival in the NFL, starting 42 of 45 games. The 24-year-old Canadian has recorded five interceptions – including a 99-yard touchdown return this past season – and 21 pass deflections to date. Holland has added 239 tackles and four sacks, and he enjoyed a career-best season in coverage in 2023 with respect to opposing passer rating (99.3).

The Dolphins have one major financial commitment in the secondary at the moment (Jalen Ramsey), and the team has added veterans Kendall Fuller and Jordan Poyer on short-term deals in free agency. Holland is positioned to be a key figure for the present and the long-term future, though, and a multi-year agreement would allow Miami to retain an integral producer at the safety spot for years to come.

One of the storylines of the 2023 offseason has been the downward trend in terms of market value at the position, with a number of high-profile veterans being released ahead of free agency. Holland’s age and production could make him a worthwhile investment and an outlier, especially if he could be extended at a low enough rate. With a lucrative Tagovailoa agreement looming, it will be interesting to see if the Dolphins manage to hammer out an extension with at least one of Waddle or Holland this offseason.

Dolphins’ Jerome Baker, Andrew Van Ginkel Likely Done For Season

Already down Jaelan Phillips and Bradley Chubb for the season, the Dolphins continue to run into brutal injury luck on their front seven. Injuries to Jerome Baker and Andrew Van Ginkel on Sunday night appear likely to be season-enders.

Just activated from IR ahead of Week 18, Baker sustained a wrist injury for which he has already undergone surgery. The sixth-year linebacker is out for the Chiefs matchup and likely the rest of the playoffs, according to NFL.com’s Cameron Wolfe. Van Ginkel, who has played a key role since Phillips’ injury, is also likely done for the season due to the foot injury that forced him out of Sunday’s night’s game.

In addition to these adjustments DC Vic Fangio will need to make, Mike McDaniel said the team is not expected to have Xavien Howard back against the Chiefs. Additionally, backup edge rusher Cameron Goode suffered a torn patellar tendon in the loss to the Bills and will miss the season, McDaniel said.

In the event Miami’s defensive personnel turns this into a shootout — a less common occurrence with this Chiefs edition compared to previous Patrick Mahomes-piloted teams — McDaniel said (via Wolfe) Jaylen Waddle and Raheem Mostert are looking more likely to return to action Saturday night. Waddle has missed the past two games with a high ankle sprain, while Mostert — the NFL’s touchdown leader, with 21 — missed Weeks 17 and 18 with knee and ankle trouble.

Still, Fangio’s troops are depleted to a point the defense will look quite different even from the shorthanded crew that took the field against the Bills. Goode’s injury left the Dolphins with Emmanuel Ogbah and Melvin Ingram on the edge. Fangio had benched the former early this season, and the Dolphins only re-signed the latter in December. The team used Ingram as a practice squad elevation in Week 18, doing so not long after cutting Jason Pierre-Paul. It would be interesting if the Dolphins reached out to JPP in this emergency circumstance. Miami still has quality personnel inside, in Christian Wilkins and Zach Sieler, but its OLB setup has been gutted.

Van Ginkel has been effective as both a rotational rusher and a starter this season, notching a career-high six sacks along with 19 QB hits. He also posted a pick-six against the Commanders. Baker battled back from an MCL sprain; the Dolphins had used their final IR activation on their middle linebacker last week. A seventh-round pick, Goode played only 76 defensive snaps this season.