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Wednesday’s deal, which sent wide receiver Tyreke Hill from the Chiefs to the Dolphins, has its roots in another recent NFL deal.
Hill’s agent Drew Rosenhaus was on 560 Sports in Miami Thursday and said he was working on a contract extension for Hill in Kansas City when the Packers traded Davante Adams to the Raiders. The Raiders then signed Adams to a contract that made him the highest paid wide receiver in the league.
Rosenhaus said he told the Executives “that this should be a market for Tyreek” and that everyone would benefit if they traded wide if they didn’t want to do the deal.
“The bottom line is he was in the last year of his contract,” Rosenhaus said. “We actually worked out the restructuring that the executives wanted the week before and it really looked like we were going to be working on a contract extension. There was even a report that we were close to a deal, it was inaccurate, but we were working on it. Then the deal with Adams really turned everything upside down. The executives, I think they prudently saw that Tyreke was in the last year of his contract and we weren’t going to do a deal that wasn’t better than Adams, so they realized that this would probably be their last year with Tyreke. , and this was their opportunity to potentially realign in that position.”
Hill’s new contract pays $52.535 million fully guaranteed at signing, with another $19.665 million fully guaranteed by March 2023, while the Chiefs have received five picks from the Dolphins. Time will tell if this works for both sides to win.