The Denver Broncos have officially acquired star wide receiver Jaylen Waddle from the Miami Dolphins in a blockbuster trade, according to Adam Schefter of ESPN. The move comes as the Broncos look to build on a successful 2025 campaign and provide third-year quarterback Bo Nix with an elite vertical threat.
As part of the transaction, the Broncos are sending a significant haul of draft capital to Miami, including their 2026 first-round pick (No. 30 overall), a third-round pick (No. 94), and a fourth-round pick (No. 130). In return, Denver receives Waddle and a 2026 fourth-round selection (No. 111) from the Dolphins, per @AdamSchefter.
The 27-year-old Waddle joins an updated Broncos wide receiver room that now features Courtland Sutton, Pat Bryant, Troy Franklin, Marvin Mims, Lil鈥橨ordan Humphrey, and Michael Bandy. Bryant, who was a 2025 third-round selection out of Illinois, and veteran Sutton are expected to headline the unit alongside Waddle. Last season, Waddle recorded 64 receptions for 910 yards and six touchdowns in Miami.
The trade signals a continued rebuilding phase for the Dolphins under their new leadership, while the Broncos pivot toward a championship window. Waddle is entering the first season of a three-year, $84.8 million contract extension he signed in 2024.
This is a developing story. Check back for updates.
Sources & Original Reporting