As Tyreek Hill embarks on the second year of his lucrative four-year, $120 million contract with the Miami Dolphins in 2024, the star wide receiver remains a force to be reckoned with in the NFL. His contract, which secures him an annual earning of $30 million, ranks him as the fourth-highest-paid wide receiver in the league.
Performance on the Field
Hill's performance last season was nothing short of spectacular. Leading the NFL with 1,799 receiving yards, Hill demonstrated his unmatched ability as a wideout, racking up these yards through 119 catches. His knack for finding the end zone was evident as well, with a league-topping 13 receiving touchdowns to his name. Over the past two seasons, Hill has accumulated an impressive 3,509 receiving yards, supported by 238 receptions and 20 touchdowns, earning him All-Pro honors for his contributions.
Financial Implications and Future Earnings
While Hill's base salary for this year is set at $19.665 million, it is expected to rise to $21.835 million in 2025 and peak at a staggering $43.9 million in 2026. These numbers translate into significant cap hits for the Dolphins—$34.2 million in 2025 and $56.3 million in 2026. Notably, Hill's guaranteed money runs out after this year.
The recent offseason saw other wide receivers signing substantial contracts as well. Justin Jefferson inked a deal worth $35 million per season, while A.J. Brown agreed to a $32 million annual contract, and Amon-Ra St. Brown secured a contract valued at $30.002 million per year. Hill expressed his satisfaction with his current contract and his focus on team success, stating, "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."
Focus on Team Success
As Hill prepares for Year 9 in the NFL, his mindset has shifted from financial considerations to team achievements and building a lasting legacy. "Money is the least of our worries right now," he remarked. "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."
Looking Ahead
Hill also expressed his excitement about the evolving market for wide receivers. Reflecting on the recent deals, he said, "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." Hill, who is approaching 30 years of age, remains optimistic about his future in the league. "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."
Ultimately, Hill remains confident that his contract matters will resolve favorably in due time, emphasizing, "The contract, it'll come. Whenever it comes, I'll be happy." For now, his primary focus remains on bolstering his team's success on the field and contributing to the Dolphins' aspirations for the future.