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The Denver Broncos are acquiring wide receiver Jaylen Waddle and a fourth-round draft pick (11th in the round) in 2026 from the Miami Dolphins on Tuesday in exchange for a first-round pick (30th overall) along with late third- and fourth-round picks (30th in each round) in this year's draft, according to Adam Schefter of ESPN. It's a pretty big upgrade for quarterback Bo Nix and Denver's offense, as Waddle could end up leading the Broncos' pass-catchers in targets if he can stay healthy in 2026. It gives Nix another trusted weapon to throw to besides Courtland Sutton. The 27-year-old Waddle, who was drafted in the first round (sixth overall) in 2021 out of Alabama, started his career with three straight 1,000-yard seasons and led the NFL with 18.1 yards per catch in his sophomore season. He'll be a reliable target for Nix as the Broncos' offense looks to take the next step. It's a good landing spot for Waddle, although he'll definitely have more competition for targets than if he had stayed in Miami. His arrival in Denver is bad news for the dynasty values of both Troy Franklin and Pat Bryant.--Keith Hernandez
Source: ESPN - Adam Schefter
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