Chiefs Trade Tyreek Hill to the Dolphins, Oddsmakers Adjust
Tyreek Hill was traded to the Miami Dolphins Wednesday for a bevy of draft picks, according to ESPN's Adam Schefter.
https://twitter.com/AdamSchefter/status/1506670698835623951
Negotiations on a contract extension between Hill and the Chiefs failed to gain traction despite Kansas City offering a deal to make the speedster one of the highest-paid wide receivers in the league. So, the organization allowed Hill’s agent to seek a potential trade candidate.
https://twitter.com/RapSheet/status/1506648107970449416
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Hill signed a $54 million three-year contract in September 2019 and was slated to count $20.685 million against the salary cap for the 2022 campaign. He will be an unrestricted free agent at the end of this season under his current contract.
The 28-year-old wide receiver has made the Pro Bowl in each of his six seasons with the Chiefs while earning All-Pro honors three times. Hill finished the 2021 season with 1,239 receiving yards and nine touchdowns, and his 111 receptions were a career-high mark.
Of course, Hill was also a pivotal contributor to Kansas City winning Super Bowl LIV in 2020.
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Sportsbooks have already begun to adjust Super Bowl odds:
Chiefs Super Bowl Odds - March 22 to March 23:
FanDuel Sportsbook: +850 to +950
DraftKings Sportsbook: +850 to +900
Caesars Sportsbook: +850 to +900
Dolphins Super Bowl Odds - March 22 to March 23
Caesars Sportsbook: +7000 to +5000
FanDuel Sportsbook: +3900 to +3600
DraftKings Sportsbook: +5500 to +3000
https://twitter.com/CaesarsSports/status/1506675314298179593
However, BetMGM elected not to move their odds:
https://twitter.com/johnewing/status/1506671934066544642
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