Trade rumors followed Tyreek Hill throughout the offseason, and the Dolphins’ 33-8 drubbing at the hands of the Colts has only intensified speculation that the veteran wide receiver could be on his way out of Miami.
The Steelers and the Chiefs are both “eyeing” Hill after Week 1, according to Pro Football Talk’s Mike Florio (via the Rich Eisen Show).
Kansas City has a clear need at wide receiver following Xavier Worthy‘s injury and Rashee Rice‘s suspension. Hill would especially help a Chiefs downfield passing game that has stagnated since he left the team in 2022.
The Steelers, meanwhile, could continue their apparent all-in push for the 2025 season by pairing Hill with D.K. Metcalf to give Aaron Rodgers one of the top receiver duos in the NFL. Pittsburgh did have Calvin Austin emerge as a potential WR2 in Week 1 with a 4-70-1 statline, but Hill’s All-Pro pedigree and track record of high-end production would still be an upgrade.
Hill is due $36MM in non-guaranteed compensation in 2026 with a $51.9MM cap hit, per OverTheCap, making it unlikely that he stays in Miami past this year. His contract could be a major obstacle to an offseason trade, so the Dolphins might try to move on early to get a better return. Hill is due $11.8MM this season, which is now down to $11.1MM after Week 1 and will drop by an additional $694k per week.
However, the potential for a suspension resulting from recent domestic violence allegations will likely delay any trade inquiries until after the league completes its investigation. Until there is some clarity on the situation, other teams won’t want to move draft capital for a rental with an uncertain outlook for the rest of the season. Florio said the accusations against Hill are “a massive complication that wasn’t there when the chatter began.”
Indeed, the Dolphins have received “zero” calls regarding Hill, per ESPN’s Adam Schefter, nor is the team currently looking to move him.
Were that to change, trade compensation would still need to be negotiated. Sports Illustrated’s Albert Breer believes the Dolphins would want “something in the range of a third-round pick and maybe a Day 2 pick on top of that,” while Florio referenced the 2025 deal that sent Davante Adams from the Raiders to the Jets in exchange for a third-round pick. The Steelers also gave up a second-round pick for Metcalf earlier this year, offering another framework for a potential Hill trade.