Waddle to Broncos
Dolphins traded star WR Jaylen Waddle to the Denver Broncos — a major roster shift for both clubs. The move has already nudged Denver’s Super Bowl odds and reshapes AFC receiving corps conversations ahead of the draft and free‑agency flurry (sports.yahoo.com).
Denver will receive Jaylen Waddle plus Miami’s 2026 fourth-round pick (No. 111) while sending the Broncos’ 2026 first‑round pick (No. 30), third‑round pick (No. 94) and fourth‑round pick (No. 130) to Miami. (denverbroncos.com) The Broncos announced the transaction on March 18, 2026 after Waddle completed and passed a team physical, formally consummating the deal. (denverbroncos.com) Denver will assume and pay all remaining money on Waddle’s contract going forward, a source told ProFootballTalk, removing future salary obligations from Miami’s books. (nbcsports.com) Spotrac and local reporting list Waddle’s 2026 cap hit at roughly $4.9 million, and Denver was estimated to have about $22 million in cap space before the move, leaving room for additional offseason additions. (dispatch.com) Oddsmakers moved Denver’s Super Bowl prices after the trade — FanDuel set the Broncos at +1900 to win the title (one of the 12 best odds in the league), with several sportsbooks showing ranges between +1900 and +2200. (si.com) Miami now holds Denver’s 2026 first‑, third‑ and fourth‑round picks to reload in April’s draft, a haul the Dolphins’ new front office is using to reshape the roster under GM Jon‑Eric Sullivan. (nfl.com) Waddle projects into a Denver receiving group that includes Courtland Sutton, Pat Bryant, Troy Franklin and Marvin Mims Jr., and he finished the 2025 season with 64 catches for 910 yards and six touchdowns while turning 27 years old. (si.com)
