Wide receiver Tyreek Hill is entering the second year of his four-year, $120 million contract in 2024. The deal, which paints him as one of the most lucratively compensated players in his position, grants him an impressive annual earning of $30 million, positioning him as the fourth-highest-paid wide receiver in the league.
Hill's value extends far beyond his paycheck. Last season, he led the NFL with an extraordinary 1,799 receiving yards, achieved through 119 catches. Additionally, he topped the league with 13 receiving touchdowns, underlining his critical role in the Miami Dolphins’ offensive strategy. Over the past two seasons, Hill’s performance has been nothing short of stellar, accumulating a total of 3,509 receiving yards, supported by 238 receptions and 20 touchdowns. His consistent excellence on the field earned him All-Pro honors, affirming his status as one of the elite wide receivers in the NFL.
This year, Hill is set to earn a base salary of $19.665 million, with it rising to $21.835 million in 2025 and peaking at a whopping $43.9 million in 2026. These escalating figures reflect both Hill’s on-field contributions and the Dolphins’ commitment to retaining their star. However, the financial implications for the Dolphins are substantial, with cap hits projected at $34.2 million in 2025 and an immense $56.3 million in 2026. Interestingly, Hill's guaranteed money runs out after this year, adding another layer of complexity to his financial future and potential negotiations.
In contrast to the uncertainty that often surrounds contract negotiations, Hill has expressed a sense of contentment with his current position and optimism about future dealings. "I'm just very glad the position that I'm in now, man. The reason I say that is: I know when it's time for me to get a deal, the Miami Dolphins will do what's right," Hill stated. His focus remains firmly on the team’s success rather than individual financial gain, a sentiment he reiterated: "I'm going into Year 9 now. Money is the least of our worries right now. The biggest thing right now is to be able to grab onto something that we can hold onto the rest of our lives, as a brotherhood, as a fan base, as an organization. If we're able to do that, I'll be happy."
Hill's perspective on the rapidly evolving market for elite wide receivers also reflects his maturity and understanding of the business side of the sport. He openly celebrated the contractual achievements of his peers, acknowledging the new benchmarks set by younger stars. "I'm very excited to just be a part of the old wave, which was $30 million, and Justin Jefferson came and surpassed that, man. So, very proud of those guys, happy for obviously my teammate [Jaylen] Waddle getting his new deal. For guys like me, that's great. I'm 30 years old, also looking for a new deal. So, very, very excited to see where I fit into that category. It's amazing," Hill said.
Indeed, the landscape of wide receiver contracts is rapidly shifting. This offseason alone, Justin Jefferson signed a contract worth $35 million per season, while A.J. Brown secured an annual salary of $32 million. Even Amon-Ra St. Brown, a rising talent, locked in a deal valued at $30.002 million per season. Hill's reflections on these figures exemplify his forward-thinking, as he eyes his future with a blend of pragmatism and enthusiasm.
Despite all the financial discussions, Hill’s grounding in his professional aspirations remains clear. "The contract, it'll come. Whenever it comes, I'll be happy," he remarked, encapsulating a mindset that prioritizes team success and personal fulfillment.
As Tyreek Hill continues to dominate on the field and aspires for greater milestones, both in his career and within the Dolphins organization, his financial and professional journey encapsulates the intricate balance elite athletes maintain between personal achievement and collective success.