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Jaylen Waddle contract: It's a 3-year extension for Dolphins WR worth more than $80 million

Waddle, Waddle, Waddle.

Receiver Jaylen Waddle will be waddling for the Miami Dolphins for three additional seasons after agreeing to a contract extension, a league source said Thursday.

The extension is 3 years, $84.75 million, with $76 million guaranteed, ESPN reports.

Waddle, 25, has begun his NFL career with three straight 1,000-yard seasons.

Waddle is an ideal fit for Mike McDaniel's scheme.

The Dolphins still need to extend Waddle's former college teammate, quarterback Tua Tagovailoa, as well. Ideally they'd also extend safety Jevon Holland and perhaps edge rusher Jaelan Phillips.

The receiver market has exploded.

That's more than $28 million with more than $25 million per season guaranteed for Waddle.

This makes Waddle one of the five highest-paid receivers in the league.

Miami Dolphins wide receiver Jaylen Waddle (17), celebrates as times runs out agains the Cleveland Brown during NFL action Sunday November 13, 2022 at Hard Rock Stadium in Miami Gardens.
Miami Dolphins wide receiver Jaylen Waddle (17), celebrates as times runs out agains the Cleveland Brown during NFL action Sunday November 13, 2022 at Hard Rock Stadium in Miami Gardens.

Teammate Tyreek Hill makes $30 million per season.

DeVonta Smith of the Eagles has a new deal worth $25 million per season.

Amon-Ra St.Brown has a new deal worth about $30 million per season.

Joe Schad is a journalist covering the Miami Dolphins and the NFL at The Palm Beach Post. You can reach him at jschad@pbpost.com and follow him on Instagram and on X @schadjoe. Sign up for Joe's free weekly Dolphins Pulse Newsletter. Help support our work by subscribing today.

This article originally appeared on Palm Beach Post: Dolphins WR Jaylen Waddle contract extension worth reported $84.75 million