The Denver Broncos have completed a trade to acquire wide receiver Jaylen Waddle from the Miami Dolphins, according to multiple reports in the United States.

Waddle, 27, will undergo a physical with the Broncos tomorrow after a deal was agreed that will see Miami receive a first-round pick (30th overall) as well as third- and fourth-round picks (94th and 130th overall). In addition to Waddle, the Broncos will also get the Dolphins’ fourth-round pick (111th overall).

Waddle will add explosive pace to the Broncos’ offense, with the team’s strength in recent seasons built around a fearsome defense. Sean Payton’s roster finished with a 14-3 record last year to earn the number one seed in the AFC only to lose the Championship game to the New England Patriots.

Recent struggles after superb start

Payton will be hoping Waddle can regain the form that saw him explode on to the scene in his early years at the Dolphins.

He managed over 1,000 receiving yards in each of his first three seasons in South Florida but has struggled since, managing 744 and 910 in seasons 2024 and 2025.

Since entering the league, Waddle has the 10th-most receiving yards in the NFL among wide receivers (5,039) and 11th-most yards after the catch. 

He will significantly bolster a Broncos receiving corps that includes Courtland Sutton, Pat Bryant, Troy Franklin, Marvin Mims Jr, Lil’Jordan Humphrey and Michael Bandy.