Dolphins, QB Tua Tagovailoa reach 4-year, $212.4M extension - ESPN

MIAMI — The Miami Dolphins and quarterback Tua Tagovailoa have agreed to a four-year, $212.4 million extension, the largest in franchise history, his agency told ESPN's Adam Schefter.

The $53.1 million average value of the contract places Tagovailoa third among the league's highest-paid quarterbacks, behind only the Jacksonville Jaguars' Trevor Lawrence and the Cincinnati Bengals' Joe Burrow ($55 million).

The deal includes $167 million guaranteed, eighth most among quarterbacks.

Miami is the only team in the NFL with three offensive skill players making at least $70 million in guaranteed money — wide receivers Tyreek Hill ($72.2 million) and Jaylen Waddle ($71.6 million) being the others. Their combined $310.8 million guaranteed is the third most for any offensive skill trio (QB, RB, WR, TE), per Roster Management System.

The agreement ends a fluid first two days of training camp, during which Tagovailoa was a limited participant or a nonparticipant. He practiced in full during the team's third training camp practice Friday, hours before news of the extension broke.

Both sides had been negotiating a deal since the 2023 season ended, and the team kept consistent communication with Tagovailoa's representatives at Athletes First.

Tagovailoa becomes the third quarterback to reach an extension this offseason, following the Detroit Lions' Jared Goff and Lawrence.

Four of the first five quarterbacks off the board from the 2020 draft class have inked deals netting them at least $50 million per year. Next up for an extension is Jordan Love, who is entering the final year of his deal with the Packers.

Since Dan Marino retired before the 2000 season, the Dolphins have struggled at quarterback. Twenty-five players, including