Dolphins give Tyreek Hill a lot more guaranteed money in restructured deal. What to know

A day after Tyreek Hill was voted the NFL’s best player by his peers, the Dolphins restructured his contract, delivering another $45 million in guaranteed money to the league’s most prolific receiver.

Hill’s new deal will pay him an average of $30 million each of the next three seasons. Of that $90 million total, $65 million is guaranteed. No years were added to the deal, which runs through 2026.

The only remaining guaranteed money on Hill’s contract, before Saturday’s agreement, had been nearly $20 million this season.

Before the restructure, Hill was due $23.8 million in 2025, with none of that money guaranteed. He also was due $43.9 million in 2026, with none of that money guaranteed.

Now, $65 million of his $90 million in salary over the next three years will be guaranteed.

That additional $65 million in guaranteed money means $106.5 million is fully guaranteed over a four-year period for Hill, including last season. That is the most fully guaranteed money given to a wide receiver in one contract in NFL history.

No new years were added to the contract, which runs through 2026. In NFL history, Hill’s contract -- which was negotiated by Drew Rosenhaus and Jason Rosenhaus -- represents the most guaranteed money added to a contract without adding years.

Hill’s $30 million annual salary is fourth in the league among receivers, behind Justin Jefferson ($35 million) and barely below Amon Ra-St. Brown and A.J. Brown, who are just north of $30 million.

“I’m here to stay,” Hill said Saturday afternoon on the social media platform X. “I promise to give you my all this year.”

Hill, 30, led the league with 1,799 receiving yards (on 119 receptions) and 13 receiving touchdowns last season. But a late-season ankle injury torpedoed his mission to top Calvin Johnson’s single-season receiving yard record (1964). Hill, 30, is the first receiver in NFL history to produce 1700 receiving yards in consecutive seasons.

The Dolphins gave Hill a four-year, $120 million contract when they acquired him from the Chiefs in March of 2022, with $72 million in guaranteed money.

Hill, who has helped spearhead the transformation of the Dolphins’ offense into one of the NFL’s most explosive and prolific, on Friday evening was named the best player in the league in a vote of NFL players. Hill finished first in NFL Network’s annual list of the top 100 players in football, as voted on by other players.

“God, thank you,” Hill said on the social media platform X after being named No. 1.

Coach Mike McDaniel said earlier Saturday tha tHill being named the No. 1 player in the league in a poll of players is “appropriate,” while conceding, “I may be biased.”

Speaking of Hill before Saturday’s training camp practice, McDaniel said: “It’s an honor to have all your peers recognize what type of player you are. It’s interesting that it’s not a surprise. There are so many things that make Tyreek unique. We started off today’s team meeting talking about how we intend to be different. You have Tyreek doing a one on one block on a run play in a team run-emphasis period.

“When you have the ability to make plays for your team in extreme form like Tyreek does, heavy is the crown. When you want to be great, you have to do the little things. Tyreek does that and more. He ceases to amaze. It’s a really cool honor that has been well earned as he continues to develop his game each and every year. When your best player in the top 100 poll for players is team-oriented as he is, your team gravitates to that.”

Hill, 30, is the first wide receiver to finish first in the top 100 NFL Network poll of players since the poll began in 2011.

“There are some scouting departments in the NFL that at one time - not necessarily currently - that didn’t draft receivers under 5-10. He’s under 5-10,” McDaniel said. “It a lesson that individuals should be treated as individuals. There are some people who get slower as they get older. [Not] Tyreek.”

The Dolphins acquired Hill from the Chiefs for five draft picks, including a first-rounder, in 2022.

Before the contract news broke Saturday, Tua Tagovailoa said players were excited about Hill finishing first in the NFL Network poll.

“That’s my dawg,” Tagovailoa said. “He was excited. We all were in a group chat and started texting him. Jalen Ramsey, Terron Armstead, Raheem Mostert, Jaylen Waddle, we were all congratulating him. That was unbelievable to have a teammate like that voted best in the league. It doesn’t get better than that.”