The Miami Dolphins and receiver Jaylen Waddle recently agreed on a three-year contract extension that places him among the top five highest-paid receivers in the league. In fact, when comparing the actual value of receiver contracts, Waddle is considered to be in the top two.
The details of Waddle’s contract include an $18.873 million signing bonus, a fully guaranteed base salary of $1.055 million for 2024, and a fully guaranteed base salary of $16.050 million for 2025. Additionally, there are per-game roster bonuses included for 2026 and 2027, as well as an offseason roster bonus of $1 million for 2028. The total package over the remaining two years of his contract amounts to $19.94 million, with the overall value of the five-year deal being $20.9 million.
Despite technically having a new-money average of $28.25 million, which currently places him behind players like A.J. Brown, Amon-Ra St. Brown, and Tyreek Hill, Waddle is still considered to be in the top two once the final-year fluff is removed from St. Brown’s and Hill’s contracts. However, this ranking may not last long as players like Justin Jefferson and Ja’Marr Chase are expected to receive new deals soon and Hill is likely to get an adjustment of his own.
Waddle’s recent contract extension has been hailed as one of the most lucrative deals for a wide receiver in recent memory. With his impressive performance on the field and his ability to make big plays in critical moments, it’s no surprise that he was able to command such a large sum of money from his team.
As a result of this deal, Waddle will now have more financial security and stability in his future career with the Dolphins.
In conclusion, Jaylen Waddle’s three-year extension deal has placed him among
