Jaylen Waddle Trade Terms
The Miami Dolphins are sending Jaylen Waddle and a 2026 fourth-round pick to the Denver Broncos in exchange for their 2026 first-round pick (30th overall), third-round pick, and fourth-round pick, per ESPN’s Adam Schefter.
Fantasy Football Impact for Jaylen Waddle with the Denver Broncos
There were reports that Jaylen Waddle was on the trade block last season, with murmurs about the Bills and Broncos both swirling. A few months later, the Dolphins and Broncos worked out a deal. The Dolphins’ former general manager, Chris Grier, parted ways with the team just days before the 2025 trade deadline. Champ Kelly took over as interim general manager but served in a caretaker role. He was replaced by the Packers’ former VP of player personnel, Jon-Eric Sullivan, who helped finalize this deal. Before moving on from Waddle, Sullivan hired Jeff Hafley and signed Malik Willis, signalling a big change in team-building philosophy.
Jaylen Waddle, when healthy, has been one of the league’s premier receivers. As a rookie, Waddle pulled 142 targets, tenth-most in the NFL. His targets came primarily in the short areas of the field, allowing him to use his athleticism to create after the catch. Because of his short-area role, Waddle’s efficiency lagged behind his elite volume. He was 42nd among receivers in yards per route run and 71st in yards per target. His average target came just 6.3 yards downfield, ranking 88th among receivers. Following his rookie season, the Dolphins made a blockbuster trade for Tyreek Hill, completely changing Waddle’s role.
Alongside Hill, Waddle's usage fell in his sophomore campaign. His 116 targets ranked 24th among receivers. However, his efficiency skyrocketed. His average target nearly doubled to 12.1 yards downfield. He ranked fourth in yards per route run and first in yards per target among all receivers. In Year 3, the usage and efficiency started to converge. Waddle’s target share jumped, his efficiency stayed near his 2022 numbers, but injuries started to pile up. Waddle missed just three games, but left early multiple times and was clearly limited in several others. That trend carried over into 2024, when Waddle missed just two games but was limited for a big chunk of the season, posting the worst numbers of his career. In 2025, Waddle bounced back to his level from year 3. He was 20th in target share, 10th in yards per route run, and 20th in yards per target, proving he could handle a bigger role while maintaining a strong efficiency profile. Inconsistent quarterback play in 2025 kept his production at bay, but a season-ending injury to Hill helped his usage tick up. Still just 27 years old, Waddle can theoretically have his best days ahead of him. And a change of scenery could help him reach that ceiling.