Overview
- Denver completed a trade that sent its 2026 first-, third- and fourth-round picks (Nos. 30, 94, 130) to Miami for Jaylen Waddle and a 2026 fourth-rounder (No. 111).
- The Broncos carry a 2026 cap charge a little over $4.9 million for Waddle and still have about $19 million in space, according to OverTheCap estimates.
- Team officials conducted wide-ranging background work on Waddle, drawing input from Bo Nix, former Alabama coach Nick Saban and ex-Dolphins safety Brandon Jones, per reporting by Albert Breer.
- Talks with new Dolphins GM Jon-Eric Sullivan ramped up after the scouting combine as Miami prioritized draft capital that fit its reset timeline over keeping a veteran on a second contract.
- The move reshapes Denver’s 2026 draft approach, removing the No. 30 pick and shifting the focus to Day 2 and Day 3 selections while creating new role questions in a crowded receiver room.