Dealt to Denver
The Broncos are trading the No. 30 overall pick in the 2026 NFL Draft as well as third- and fourth-round picks in exchange for Waddle (ribs) and a fourth-round pick, Adam Schefter of ESPN reports.
Waddle will give QB Bo Nix another quality WR target, joining a position group in Denver that has been led by Courtland Sutton, and also includes Troy Franklin (hamstring), Pat Bryant (hamstring) and Marvin Mims. A 2021 first-round pick, Waddle boasts an ideal skill set for head coach Sean Payton's offensive scheme and surpassed 1,000 receiving yards in three straight seasons to begin his NFL career. In his two most recent seasons, Waddle has only produced 58-744-2 and 64-910-6 lines, but injuries and quarterback issues help explain his struggles. Waddle's fantasy stock gets a considerable boost for 2026, and there have been no signs that the rib injury that held him out for Miami's Week 18 finale will impede his offseason activities.
More Denver Broncos Fantasy Football News
Pat Bryant
Spent offseason with training staff
Bryant said Friday that he spent almost the entire offseason in Denver rehabbing his hamstring injury and working with the training staff, Parker Gabriel of the Denver Post reports.
Bo Nix
Has clean-up procedure on ankle
During his scheduled re-check last week, Nix underwent what Ian Rapoport of NFL Network describes as a successful and anticipated follow-up clean-up procedure on his ankle.
Dallen Bentley
Picked up by Broncos
The Broncos selected Bentley in the seventh round of the 2026 NFL Draft, 256th overall.
Justin Joly
Taken by Broncos
Denver selected Joly in the fifth round of the 2026 NFL Draft, 152nd overall.
Jonah Coleman
Welcomed by Denver
The Broncos selected Coleman in the fourth round of the 2026 NFL Draft, 108th overall.
Tyler Onyedim
Lands with Denver
The Broncos selected Onyedim in the third round of the 2026 NFL Draft, 66th overall.
J.K. Dobbins
Prioritized in free agency
Broncos coach Sean Payton said last week that Dobbins was "a priority ahead of all others" this offseason, Zac Stevens of TheDNVR.com reports.
Bo Nix
Ahead of schedule, per team owner
Broncos owner Greg Penner said Monday that Nix is "ahead of schedule" in his recovery from right ankle surgery, Chris Tomasson of The Denver Gazette reports.
Jaylen Waddle
Opens up cap space
Waddle agreed to terms Tuesday on a restructured contract with the Broncos that converts $15.4 million of his 2026 option bonus into a signing bonus, Aaron Wilson of KPRC 2 Houston reports.
Courtland Sutton
Joined in WR corps by Waddle
The Broncos have officially announced their trade with the Dolphins for Jaylen Waddle, Aric DiLalla of the team's official site reports, a move that bolsters the team's wideout corps, which Sutton led last season.