Source: Dolphins, Tyreek Hill agree to restructured $90M deal #miamidolphins #nfl

The Miami Dolphins agreed to a restructured contract Saturday with wide receiver Tyreek Hill that will keep him among the highest-paid skill position players in the NFL.

The restructured contract is worth $90 million over the next three years with $65 million of it guaranteed, a source told ESPN's Adam Schefter. No new years were added to the four-year, $120 million extension Hill signed with the team in 2022, but the $106.5 million in updated fully guaranteed money is the most-ever for a wide receiver.

The deal, negotiated by Drew Rosenhaus and Jason Rosenhaus, also represents the most guaranteed money added to a contract without adding any years in NFL history.

The Dolphins traded for Hill during the 2022 offseason, and he has transformed their offense. He leads all players with 3,509 yards in that span, and only Davante Adams received more than Hill's 30.7% of his team's targets.