The best time for the Dolphins to trade WR Tyreek Hill was arguably at the end of last season when he started rattling the bars about getting out of Miami. Instead, it never really seems like the Dolphins considered trading the veteran this offseason, even as they shed a wave of other notable and expensive players.
The more time goes on, however, the more it seems like the Dolphins are eventually going to have to part ways with Hill. Dating back to when the team acquired him in a blockbuster trade and extension in 2022, there was an off-ramp built into the contract in 2026 when Hill turned 32. Even when the two sides updated his contract in 2024 to give him a raise, the out in the deal was preserved. Hill is due $36 million in 2026, money that’s not guaranteed right now and that he won’t see.
At 0-3 and with almost no playoff hopes, getting a pick instead of cutting Hill for nothing next spring continues to look like the most optimal outcome for the Dolphins, especially with the rising odds that people other than GM Chris Grier and HC Mike McDaniel are overseeing a rebuild next year. Every loss between now and the trade deadline makes a trade more likely.
Here’s a look at all sides of the situation, including what Hill’s trade value is for the Dolphins and which teams make the most sense as landing spots.
After a down year in 2024 when Hill failed to crack the thousand-yard plateau for the first time since 2019 when he played just 12 games, the veteran looks to have rebounded so far in 2025. He has 198 yards over three games on 15 catches with a touchdown. It’s not the peak production we saw when Hill had over 3,500 yards across two seasons but it’s still a quality output. More importantly, Hill looks like he still has most of his trademark speed.
That speed is what will make Hill a legitimate trade asset, even if there are other factors that will weigh down his value in the end. Teams prize speed on offense, especially with how much current defenses are working to take away the big play from opponents. Hill can be a difference-maker for a contending team this year.
Two things can be true, though. Hill is also a risky acquisition for a variety of reasons. His contract is manageable but not cheap, not at this point in the calendar. Hill has a $10 million base salary and up to $1.8 million in per-game roster bonuses. That comes out to just under $700,000 per game and with three games gone, the bill for Hill would be about $9.8 million the rest of the way for a new team. Nineteen teams could currently afford that without making any other moves; the other 13 would have to do some kind of restructure or talk the Dolphins into picking up some of the...