Tyreek Hill is being traded to the Miami Dolphins for five draft picks, including a first-round pick (No. 29 overall) in the 2022 draft.

The Chiefs and Dolphins have since announced the trade. Hill will receive an extension with the Dolphins after the trade.

Hill has extended its deal for four years for $120 million with a $72.2 million guarantee. This makes Hill the highest-paid wide receiver in NFL history.

Upon the start of the 2023 league year, the $72.2 million total becomes fully guaranteed. The three-year deal totals $72.5 million.

Total deal value, including new money of $120 million, is $141.685 million. Pro Bowl incentives of $250,000 are also included.

He is a first-round pick (No. 29) in 2022, a second-round pick (No. 50), a fourth-round pick, as well as a pick in the fourth and sixth rounds in 2023.

So, Tyreek Hill, a six-time Pro Bowler, will receive the extension he wanted and immediately become one of their most prominent players.