Tyreek Hill's Historic Dolphins Contract Has NFL Fans Sweating Lamb, Aiyuk Holdouts

Wide receiver Tyreek Hill has agreed with the Miami Dolphins on a three-year, $90 million contract with $65 million guaranteed, according to multiple reports.

Hill was already signed for the next three seasons, but the new contract offers him the most guaranteed money for any NFL receiver.

That's good news for Dolphins fans who wanted the star wideout locked in long-term, but potentially bad news for the Dallas Cowboys' negotiations with CeeDee Lamb and the San Francisco 49ers' talks with Brandon Aiyuk.

With Lamb missing training camp and Aiyuk sitting out practices in bids for new deals, Hill's new deal could further complicate negotiations already challenged by the market-setting contract Justin Jefferson signed with the Minnesota Vikings earlier this offseason.

Jefferson inked a four-year, $140 million deal in June to become the highest-paid player for any position besides quarterback in NFL history.

That deal included $110 million in practical guarantees, with $88.7 million fully guaranteed.

Hill's new contract beats that total by bringing his own fully guaranteed money to $106.5 million over the span of the contract.

That could mean Lamb will be seeking more guaranteed money with his own contract. In 2024 he finished just behind Hill for the league lead in receiving yards and receiving touchdowns.

Aiyuk, meanwhile, has been expected to earn a deal somewhat below the tier of league leaders like Lamb, Hill and Jefferson. The 49ers receiver has reportedly asked for a deal closer to the range of Amon-Ra St. Brown's four-year, $120 million extension with the Detroit Lions.

St. Brown's contract included $77 million in practical guarantees, with $34.66 million fully guaranteed. But Hill's new contract could mean Aiyuk will be now looking for more money guaranteed.

The Cowboys and 49ers have both seen the receiver market change multiple times this offseason amid negotiations with Lamb and Aiyuk. That wait could prove costly for both teams as the franchises look to bring their star wideouts into the fold before the start of the regular season.