Source: Dolphins trade Jaylen Waddle to Broncos for picks - ESPN

The Denver Broncos finally looked outside their own locker room to help their offense with a trade Tuesday to acquire wide receiver Jaylen Waddle from the Miami Dolphins, a source told ESPN's Adam Schefter.

The source told Schefter the Broncos will receive Waddle as well as the Dolphins' fourth-round pick (111th overall) while the Broncos will send their first-round pick (30th) as well as third- and fourth-round picks (94th and 130th) to Miami.

Waddle, 27, is scheduled to undergo a physical with the Broncos on Wednesday, a source told ESPN's Jeff Darlington.

The Broncos had been the only team that had not added a player from another team since free agency opened last week. Instead, they re-signed 17 of their 21 unrestricted, restricted and exclusive rights free agents.

New Broncos receiver Jaylen Waddle will hope to regain his 2022-23 form when he ranked fifth in the NFL in yards per route run, only behind Tyreek Hill, Justin Jefferson, A.J. Brown and Puka Nacua. Over the last two seasons, he has slipped to 34th in yards per route run.

Waddle, who is one of the fastest players in the league, will provide a big-play element to the Broncos' offense that has finished near the bottom of the league in each of the past two seasons in three-and-out drives. The Broncos were 29th this past season as 25% of their possessions on offense were three-and-outs.

Waddle's 64 catches, 910 yards and six touchdowns this past season would have been third, second and second for the Broncos.

The Dolphins selected Waddle with the sixth pick in the 2021 draft, and he set an NFL rookie record for receptions with 104. Miami traded for Tyreek Hill the following offseason, but Waddle thrived under first-year coach Mike McDaniel.

He finished the 2022