In an effort to secure a more lucrative contract, Kansas City Chiefs receiver Tyreek Hill is pushing for the Miami Dolphins to tear up his existing deal and replace it with a new one, with a hefty new-money average. The recent deal signed by Minnesota Vikings receiver Justin Jefferson has only heightened the urgency for Hill.

Despite reports of Hill supposedly making $30 million per year, it has been clarified that he is actually earning $25 million in new money annually. However, Hill now aims to surpass Jefferson's contract, which is valued at $35 million per year.

Hill's current contract includes cash payouts totaling $87.7 million for the next three years, with $19.765 million in 2024, $22.935 million in 2025, and a staggering $45 million in 2026. While the final year is considered phony, it still factors into the old money/new money analysis.

To achieve the desired new-money average of $35 million per year, Hill would need a three-year extension valued at $192.7 million, averaging $32.11 million per year from signing. However, it remains to be seen if the Dolphins are willing to meet these demands.

There is a possibility of structuring the payments, including a fictitious final year, to drive up the average to meet Hill's expectations. Nevertheless, reaching $35 million per year may prove challenging with the significant $87.7 million already committed for the next three years.

Who will have the cash or cap space to award Tua Tagovailoa, the Dolphins' quarterback, with the long-term deal he desires? If and when Hill and fellow receiver Jaylen Waddle command a combined annual cap space of over $60 million, questions arise regarding the financial capacity available for the playmaker who distributes the ball.

As negotiations unfold, the spotlight remains on Hill's pursuit of a new contract that matches or exceeds Justin Jefferson's record-breaking deal. The outcome will not only impact Hill's future but also shed light on the financial landscape for the Dolphins moving forward.