Waddle traded to Broncos
The Miami Dolphins traded star wide receiver Jaylen Waddle to the Denver Broncos — a move described as one that could reshape both teams’ offenses. The trade was reported in the league’s ongoing free-agency shuffle and immediately changes Denver’s receiving outlook. (sports.yahoo.com)
Denver is sending its 2026 first-round pick (No. 30 overall), its 2026 third-round pick (No. 94) and its 2026 fourth-round pick (No. 130) to Miami in exchange for Jaylen Waddle and Miami’s 2026 fourth-round selection (No. 111). (denverbroncos.com) The teams made the deal official March 18, 2026, following initial reports that surfaced the previous day from multiple league insiders. (denverbroncos.com) Denver will absorb Waddle’s existing contract and is responsible for his salary going forward, according to reporting from NBC Sports’ ProFootballTalk. (nbcsports.com) Waddle’s 2026 cap figure for Denver is modest on paper — roughly a $4.9 million hit for the 2026 season, per Spotrac’s contract breakdown. (spotrac.com) Miami’s books take an immediate charge from the move: OverTheCap’s analysis (reported by Dolphins Wire) pegs the transaction as creating about a $26.31 million dead-cap impact that, in its accounting, pushed Miami roughly $8.28 million over the 2026 salary cap. (dolphinswire.usatoday.com) Waddle arrives in Denver after a 2025 season in which he caught 64 passes for 910 yards and six touchdowns, statistics cited in post-trade reporting outlining his on-field production. (nbcsports.com) The addition puts Waddle alongside established Broncos starters such as Courtland Sutton and Marvin Mims Jr. on Denver’s receiver roster, a grouping reflected on the team’s official roster and local depth-chart reporting. ( ) Miami now holds Denver’s No. 30 overall selection and two mid-round 2026 picks ahead of the NFL Draft scheduled for April 23–25, 2026 in Pittsburgh. (nfl.com)
