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Dolphins Teardown Recasts Roster With Waddle Trade to Broncos and Willis at QB

The overhaul is reshaping draft plans across the league.

Overview

  • Miami signed quarterback Malik Willis to a three-year, $67.5 million deal that includes $45 million fully guaranteed at signing, positioning him as the centerpiece of the reset.
  • Denver acquired wide receiver Jaylen Waddle and a 2026 fourth-rounder from Miami for the No. 30 pick plus third- and late fourth-round selections this year, removing the Broncos’ first-round pick and boosting Miami’s capital.
  • Under GM Jon-Eric Sullivan and coach Jeff Hafley, the Dolphins are embracing a league-high dead-money cap hit while stockpiling picks (Nos. 11 and 30) and nearly 20 low-cost one-year signees.
  • Mock drafts and beat reporting indicate the Bears are likely to target defense at No. 25, with edge rusher or safety frequently projected after free agency reshaped their needs.
  • A Cowboys beat reporter says Dallas has discussed a trade for Dolphins All-Pro linebacker Jordyn Brooks, though Miami has described him as a foundational piece and an extension has been floated in reporting.