In a significant move, the Miami Dolphins have reached a restructured contract agreement with star wide receiver Tyreek Hill, solidifying his position as one of the highest-paid skill players in the NFL. Under the new terms, Hill will earn a staggering $90 million over the next three years, with an impressive $65 million of the contract guaranteed, according to a source close to the negotiations.

Although the extension does not add any additional years to Hill's existing four-year, $120 million deal signed in 2022, the updated fully guaranteed amount of $106.5 million now sets a new benchmark for wide receivers. This includes the most guaranteed money ever added to a contract without extending the length of the deal, making it a historic milestone in NFL history.

The negotiations for the restructured contract were handled by agents Drew Rosenhaus and Jason Rosenhaus, who were instrumental in securing the lucrative terms for Hill. Since joining the Dolphins in the 2022 offseason, Hill has been a transformative force for the team's offense. His performance on the field speaks for itself, with him leading all players in receiving yards with an impressive 3,509 yards during his time with the Dolphins.

Hill's impact on the team goes beyond just yardage, as he has established himself as a go-to target for quarterback Tua Tagovailoa. His 30.7% share of his team's targets is second only to Davante Adams, showcasing his importance in the Dolphins' passing game. Moreover, Hill remains one of the league's premier deep threats, with a remarkable 54 receptions of at least 20 yards in the last two seasons, tied with Justin Jefferson.

Notably, Hill leads all skill position players in explosive plays, with an impressive nine receptions of at least 50 yards since 2022. This statistic surpasses the total number of such plays made by 24 other teams during the same timeframe, highlighting Hill's exceptional speed and playmaking ability.

At the age of 30, Hill has emphasized his desire to be compensated as one of the best wide receivers in the NFL. Following a series of contract extensions by other receivers, including his own teammate Jaylen Waddle, Hill was determined to secure a deal that reflected his value. However, unlike his previous contract negotiations that led to his trade from the Kansas City Chiefs, Hill made it clear that he had no intention of leaving Miami.

In an interview earlier this year, Hill expressed his commitment to the Dolphins, citing his love for the city, his family's positive experience, and his admiration for the coaching staff and teammates. He also acknowledged the accountability of the passionate Dolphins fans, who motivate the team to constantly strive for improvement. Hill's loyalty and team-first mindset have endeared him to both the organization and the fan base.

With Hill now locked in with a restructured contract, the Dolphins have solidified the core of their passing game, with wide receiver Jaylen Waddle and quarterback Tua Tagovailoa also signing extensions this offseason. Hill's leadership qualities have not gone unnoticed by the coaching staff, who have lauded his performance on and off the field. Dolphins head coach Mike McDaniel commended Hill's growth as a leader and expressed his pride in the receiver's dedication.

The restructured contract for Tyreek Hill represents a milestone for the Miami Dolphins and reaffirms their commitment to building a formidable offensive unit. With Hill's explosive playmaking abilities, combined with the talented core around him, the Dolphins are poised to make a strong impact in the upcoming NFL season.