Broncos land star receiver Jaylen Waddle in blockbuster trade with Dolphins: reports

The Miami Dolphins have signed QB Malik Willis to a 3-year, $67.5 million deal. Colin Cowherd loves the move and explains why.

The Denver Broncos have reportedly added a major weapon to their offense.

The Broncos acquired star wide receiver Jaylen Waddle and a fourth-round pick from the Miami Dolphins in exchange for the Broncos’ first-round pick (No. 30 overall), a third-round pick and a fourth-round pick, according to multiple reports.

The teams reportedly talked about moving Waddle at the trade deadline last season, but a deal never came to fruition.

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Jaylen Waddle (17) of the Miami Dolphins smiles prior to an NFL football game against the Tampa Bay Buccaneers at Hard Rock Stadium in Miami Gardens, Florida, on Dec. 28, 2025. (Kevin Sabitus/Getty Images)

The Broncos, who had yet to add an external free agent this offseason, faced criticism from fans for their lack of activity in free agency after reaching the AFC Championship Game last season.

Waddle was drafted by the Dolphins with the sixth overall pick in the 2021 NFL Draft out of Alabama and has been a playmaker throughout his career in Miami. Last season, despite subpar quarterback play from Tua Tagovailoa, Waddle caught 64 passes for 910 yards and six touchdowns in 16 games.

In his career, Waddle has 373 receptions for 5,039 yards and 26 touchdowns. The addition of Waddle gives quarterback Bo Nix another star on the perimeter.

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Jaylen Waddle (17) of the Miami Dolphins runs the ball against the New York Jets during the second half at Hard Rock Stadium in Miami Gardens, Florida, on Dec. 17, 2023. (Rich Storry/Getty Images)

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