The New York Jets were in on the Tyreek Hill sweepstakes, but when all was said and done, the AFC East rival Miami Dolphins managed to reach a trade agreement with the Kansas City Chiefs.
After failing to reach an agreement on a contract extension, the Chiefs traded Hill to Miami in exchange for 2022 first, second and fourth-round selections as well as 2023 fourth and sixth-round picks. Hill then signed a mammoth four-year contract extension with Miami worth $120 million.
Following the blockbuster move, ESPN’s Adam Schefter reported that the Jets and Chiefs initially had a Hill trade “in place” that would have seen Kansas City land the No. 35, 38 and 69 picks in exchange for the All-Pro wideout and the No. 103 pick.
Ahead of the Dolphins-Jets Week 5 showdown at MetLife Stadium, Hill was asked why he chose South Beach over New York. Per Barry Jackson of the Miami Herald, Hill’s reason was rather short and sweet.
Florida, of course, doesn’t have a state tax. Because of this, sports teams in The Sunshine State have a major advantage when it comes to negotiating contracts with highly sought-after players.
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Florida, of course, doesn’t have a state tax. Because of this, sports teams in The Sunshine State have a major advantage when it comes to negotiating contracts with highly sought-after players. New York, on the other hand, carries one of the highest state tax rates in the United States.
Needless to say, all three teams came out of this in good shape.
The Chiefs offense hasn’t missed a beat without Hill, and they’re coming off an impressive 41-point outing against the previously No. 1 ranked Tampa Bay Buccaneers. Having cleared Hill’s big salary, they were able to spread the money around and bring in wide receivers JuJu Smith-Schuster and Marquez Valdes-Scantling as well as standout safety Justin Reid on affordable deals.
Hill has been a game-changer for Miami, posting 31 catches for 477 yards and two touchdowns. As for the Jets, they’re getting quality production out of rookie wideout Garrett Wilson (20 catches for 255 yards and two touchdowns) and veteran Corey Davis (15 catches, 261 yards and two scores).
