The Kansas City Chiefs traded wide receiver Tyreek Hill to Miami for a package of draft picks on Wednesday, and the Dolphins are giving the three-time All-Pro a $120 million, four-year contract extension, AP reports.
The Chiefs will get the Dolphins' first- and second-round picks along with their fourth-rounder in this year's draft, and fourth- and sixth-round picks next year, the person told the AP on condition of anonymity because terms were not announced.
The Chiefs had been in discussion with Hill on a contract extension in part because they were seeking relief from a tight salary cap situation. But the talks had stalled over the past few days, and Hill's representatives requested permission to seek a trade, which came together quickly with multiple teams expressing interest in him.
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