The Miami Dolphins have made a decisive move by announcing their intention to exercise the fifth-year options for receiver Jaylen Waddle and linebacker Jaelan Phillips. Dolphins general manager Chris Grier confirmed to reporters that the club plans to secure the options for both former first-round picks ahead of the May 2 deadline.
Grier stated, “We’re getting to that point, but I would say we’ll end up picking it up on them. I’m comfortable saying that — there’s no reason to lie to you guys and hide it — but yes.” Both decisions are seen as no-brainers for the team.
Waddle, the No. 6 overall pick in the 2021 NFL Draft, has been a standout playmaker in Mike McDaniel’s offense. Having surpassed the 1,000-yard mark in each of his three seasons in South Beach, Waddle’s impressive stats have solidified his position as a key player for the team. Despite battling injuries throughout his career, Waddle has not incurred any severe setbacks that would deter the Dolphins from guaranteeing his fifth-year option.
The fifth-year option for Waddle is projected to be valued at $15.591 million, fully guaranteed, according to Over The Cap. With teammate DeVonta Smith recently signing a lucrative extension, Waddle’s future deal could follow suit.
Phillips, selected as the No. 18 pick in the 2021 draft, was showcasing a career-best performance in 2023 before suffering an Achilles injury in November. Despite the setback, the Dolphins remain committed to exercising Phillips’ fifth-year option, valued at $13.251 million and fully guaranteed. This additional year allows the team to support Phillips in his recovery and potentially negotiate an extension in the future.
In addition to Waddle and Phillips, Grier revealed plans to engage in extension talks with 2021 second-round safety Jevon Holland. As Grier emphasized the importance of retaining key talent, it is evident that the Dolphins are focused on securing their core players for the long term.
With the team’s top draft picks proving their worth on the field, Grier’s strategic moves aim to ensure that Miami remains a competitive force in the NFL for years to come.
