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Chiefs Trade Tyreek Hill to the Dolphins, Oddsmakers Adjust

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KANSAS CITY, MISSOURI - JANUARY 30: Wide receiver Tyreek Hill #10 of the Kansas City Chiefs carries the ball after catching a first quarter pass in the AFC Championship Game against the Cincinnati Bengals at Arrowhead Stadium on January 30, 2022 in Kansas City, Missouri. Jamie Squire/Getty Images/AFP (Photo by JAMIE SQUIRE / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Tyreek Hill was traded to the Miami Dolphins Wednesday for a bevy of draft picks, according to ESPN’s Adam Schefter.

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.

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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

However, BetMGM elected not to move their odds:

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Make sure to keep an eye on our Live Odds page throughout the week to get the best lines possible and connect with others in the SBR community on our popular sports betting forum