The Athletic’s Dianna Russini reports the Broncos acquired WR Jaylen Waddle, formerly of the Dolphins, in exchange for 2026 first, third, and fourth round draft picks.

17 March 2026

The Dolphins had spent the past month halfheartedly denying Waddle was available via trade during the team’s tear-down rebuild. The Broncos had to part with premium draft picks to acquire Waddle in a move that boosts the otherwise ordinary Denver receiving room. Waddle, who frequently struggled with injuries, has just 122 receptions for 1,654 yards over the past two seasons in a run-first Miami offense. Last year Waddle, 27, averaged 56.9 receiving yards per game, leading the Dolphins with a 41 percent air yards share and a 22 percent target share. In Denver he’ll join an offense that last year ranked fourth in pass attempts and 11th in passing yards. While Waddle could emerge as the team’s de facto No. 1 wideout, Courtland Sutton could retain that role thanks to his chemistry with Bo Nix.