NFL analyst ranks Tyreek Hill’s new contract second in terms of value

That’s pretty impressive, considering the AAV is $30 million.

The Miami Dolphins made a big splash this offseason, as they traded five draft picks to the Kansas City Chiefs to receive wide receiver Tyreek Hill. Once the trade was complete, the Dolphins and Hill agreed to a four-year extension worth $120 million, making him the highest-paid wideout in the NFL.

Bringing in a six-time Pro Bowler to an offense that desperately needed talent could help Miami take the next step to become a postseason contender after five straight years of missing the tournament.

NFL analyst Bucky Brooks recently looked at all of the new wide receiver deals that were handed out this offseason and ranked them in terms of best value. Hill’s contract ranked second behind only San Francisco 49ers weapon Deebo Samuel.

Here’s what Brooks wrote about Hill’s deal:

The hype is real when it comes to the six-time Pro Bowler’s impact on Miami’s offense. Hill’s speed and explosiveness will not only lead to chunk plays for No. 10 himself, but they’ll set up his teammates for big gains against overextended defenses. As one of the most feared big-play threats in the league, Hill’s mere presence changes how opposing defenses will approach the Dolphins. With Jaylen Waddle opposite Hill and tight end Mike Gesicki on the inside, this is a track team of a receiving corps that’ll keep defensive coordinators up late into the night.

While Brooks is high on the value of this contract, this could really be a boom-or-bust deal. Hill’s success came in an offense led by Patrick Mahomes and one of the greatest coaches of the generation in Andy Reid.

Now, he’s in Miami with a unit led by an unproven quarterback and a rookie head coach.

The Dolphins’ offense has looked dangerous at times in training camp, but until they go out on the field and prove it in meaningful games, there will be those who doubt the impact that Hill will actually make.

[listicle id=451847]

Analyzing the terms of Tyreek Hill’s contract with Dolphins

It’s actually not as crazy as it seems.

When the Miami Dolphins traded five draft picks for wide receiver Tyreek Hill, the NFL world was stunned.

General manager Chris Grier and head coach Mike McDaniel gave up a haul for a receiver who was on the last year of his deal, so there was an acknowledgement that there would have to be a new contract coming. And, it didn’t take long as he Hill was given a four-year extension that was reported to be worth roughly $120 million with $72.2 million guaranteed.

According to Over the Cap, this contract includes $52.535 million guaranteed at signing, as his 2022 and 2023 salaries ($1.035 million and $16 million, respectively) are fully guaranteed. Hill also received a $25.5 million signing bonus that’s prorated to $5.1 million per season as well as roster bonuses in 2023 ($10 million), 2025 ($1 million) and 2026 ($1 million).

Hill’s salary in 2024 ($19.665 million) could also become fully guaranteed if he’s still on the roster on the fifth day of the 2023 league year.

As far as cap hits go, this what the Dolphins can expect during the five years:

  • 2022: $6.235 million
  • 2023: $31.2 million
  • 2024: $24.865 million
  • 2025: $28.035 million
  • 2026: $50.1 million

Those numbers may seem daunting, especially the 2026 cap hit of $50.1 million, however, there will almost certainly be some changes before then. Miami will likely restructure the contract so those cap hits shrink and the money gets spread out over more seasons. And, in 2026, the Dolphins could just release Hill, who would be 32 at that point, and $45 million would come off the books.

Like most contracts, a lot of these numbers are inflated to make them appear larger, but, in reality, the player won’t see all of that money.

[listicle id=448349]