The Kansas City Chiefs traded wide receiver Tyreek Hill to Miami for a package of draft picks on Wednesday, and the Dolphins are giving the six-time All-Pro a $120 million, four-year contract extension.
The Chiefs will get the Dolphins’ first- and second-round picks along with their fourth-rounder in this year’s draft, and fourth- and sixth-round picks next year.
Hill’s agent, Drew Rosenhaus, said the next extension from Miami includes $72.2 million guaranteed.
The Chiefs had been in discussion with Hill on a contract extension in part because they were seeking relief from a tight salary cap situation.
But the talks had stalled over the past few days, and Hill’s representatives requested permission to seek a trade, which came together quickly with multiple teams expressing interest in him.
