Overview
- Multiple outlets report Denver acquires Waddle and a fourth-round selection, while Miami receives the Broncos’ late first-, third- and fourth-round picks, with reports citing positions around No. 30 in each round.
- Coverage frames the move as giving quarterback Bo Nix a true No. 1 target after Denver’s 14-3 season and AFC Championship Game loss.
- Recent production cited for Waddle includes 64 receptions for 910 yards and six touchdowns last season, following three early-career 1,000-yard campaigns interrupted by injuries in later years.
- Contract figures vary across reports, with one citing three years and $68.6 million remaining and another noting an earlier three-year, $84.75 million extension with $76 million guaranteed.
- Reports add that Miami continues a broader roster reset, and that Denver’s near-term cap hit is modest for 2026 because much of Waddle’s guaranteed money was already paid by the Dolphins.