The Denver Broncos are acquiring wide receiver Jayden Waddle and a fourth-round pick in next month’s draft from the Miami Dolphins in exchange for first-, third- and fourth-round selections, ESPN reported Tuesday.

The reported acquisition of Waddle will give Broncos quarterback Bo Nix another prime target in addition to two-time Pro Bowl receiver Courtland Sutton. Sutton led the Broncos in catches (74), receiving yards (1,017) and receiving touchdowns (seven) last season.

Miami, in turn, will have seven draft picks in the first three rounds of the 2026 NFL Draft. The first-round pick they acquired is 30th overall.

Waddle, 27, recorded 64 catches for 910 yards and six touchdowns in 16 games (all starts) last season for the rebuilding Dolphins. He is owed $68.6 million over the next three seasons.

Waddle has 373 receptions for 5,039 yards and 26 touchdowns in 78 career games (all starts) since being selected by Miami with the sixth overall pick of the 2021 NFL Draft.

–Field Level Media