As Tyreek Hill embarks on the second year of his monumental four-year, $120 million contract with the Miami Dolphins in 2024, he remains one of the NFL's elite wide receivers both in terms of performance and salary. Hill's contract, which pays him $30 million annually, places him fourth among the highest-paid wide receivers in the league — a testament to his exceptional talent and value on the field.
Coming off a standout season, Hill led the NFL with 1,799 receiving yards, amassing this impressive total through 119 catches. He also topped the league with 13 receiving touchdowns. Hill's consistency over the past two seasons is remarkable; he has secured 238 receptions, contributing to a total of 3,509 receiving yards and 20 touchdowns. His stellar performances have rightfully earned him All-Pro honors, recognizing his status among the best in the game.
Hill is set to earn a base salary of $19.665 million this year, with his earnings set to increase over the next few years. His base salary will rise to $21.835 million in 2025 and will peak at an astounding $43.9 million in 2026. These figures contribute to significant cap hits for the Dolphins — $34.2 million in 2025 and $56.3 million in 2026. It's noteworthy that Hill's guaranteed money runs out after this year, adding an interesting layer to his contract situation.
Despite the financial intricacies, Hill remains focused on team success rather than his paycheck. "I'm just very glad the position that I'm in now, man. The reason I say that is: I know when it's time for me to get a deal, the Miami Dolphins will do what's right," Hill expressed. His dedication to the team's goals is evident. "I'm going into Year 9 now. Money is the least of our worries right now. The biggest thing right now is to be able to grab onto something that we can hold onto the rest of our lives, as a brotherhood, as a fan base, as an organization."
Hill’s attitude towards the evolving market for wide receivers is both appreciative and forward-looking. This offseason, Justin Jefferson set a new benchmark with a contract worth $35 million per season, surpassing Hill's annual earnings. A.J. Brown and Amon-Ra St. Brown also signed lucrative deals valued at $32 million and $30.002 million per year, respectively. Yet, Hill remains unfazed and supportive of his peers' successes. "I'm very excited to just be a part of the old wave, which was $30 million, and Justin Jefferson came and surpassed that, man. So, very proud of those guys, happy for obviously my teammate [Jaylen] Waddle getting his new deal," Hill said.
Looking ahead, Hill anticipates where he will fit into the evolving salary landscape as he ages into the latter stages of his career. "For guys like me, that's great. I'm 30 years old, also looking for a new deal. So, very, very excited to see where I fit into that category. It's amazing." Despite the looming financial changes, Hill maintains a positive outlook. "The contract, it'll come. Whenever it comes, I'll be happy."
Hill’s focus on team achievements and his brothers in the league underscores his maturity and leadership. As he continues to excel on the field, his performance and leadership will be crucial for the Dolphins' ambitions in the coming years. With his eyes set on both personal and team milestones, Hill is poised to remain a central figure in the NFL’s narrative.