Jaylen Waddle can do his signature penguin waddle celebration all the way to the bank.
The Miami Dolphins wide receiver agreed to a three-year, $84.75 million contract extension with the team on Thursday, ESPN's Adam Schefter reported. The deal reportedly includes $76 million guaranteed.
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WATCH HEREThe 25-year-old wideout has posted three straight 1,000-yard seasons since the Dolphins selected him with the sixth overall pick in the 2021 NFL Draft.
Waddle had a dip in production last season compared to his rookie and sophomore seasons, but he still hauled in 72 catches for 1,014 yards and four touchdowns across 14 games.
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SIGN UP Waddle will play the fourth year of his rookie deal in 2024 at a $8.6 million cap hit. The Dolphins picked up his fifth-year option for 2025 last month, and his new extension will kick in starting with the 2026 season.
The $28.25 million average value over the three years in Waddle's extension would make him the fourth-highest-paid receiver in the NFL. Only the Philadelphia Eagles' A.J. Brown ($32 million), Detroit Lions' Amon-Ra St. Brown ($30,002,500) and Dolphins teammate Tyreek Hill ($30 million) rank higher, according to Spotrac.
