The Kansas City Chiefs shocked their fanbase when they traded Tyreek Hill to the Miami Dolphins in exchange for a haul of draft picks after reaching an impasse in contract extension talks.
The Dolphins beat the New York Jets to the deal when both AFC East rivals met the asking price of the Chiefs, who are 17/2 to win Super Bowl LVII.
Kansas City will receive five draft picks in total after parting with the wide receiver, including a first-rounder (No. 29 overall) in the 2022 draft, according to NFL Network's Ian Rapoport and Tom Pelissero.
Hill, who ran a wind-assisted 9.98sec for the 100m while at college, receives a four-year contract worth $120 million with $72.2 million guaranteed from the Dolphins.
The $30m yearly average he's getting betters the $28.25m per year contract former Green Bay Packers wideout Davante Adams secured after his trade to the Las Vegas Raiders last week.
The 28-year-old's exit will shock most Chiefs fans as Hill has been a crucial part of Kansas City's success in reaching the AFC Championship game in four-straight seasons and winning Super Bowl LIV in 2020.
But the team are already moving on with Packers free-agent wide receiver Marquez Valdes-Scantling brought in for a workout on Wednesday as the Chiefs attempt to fill Hill's cleats.
Kansas City added former Pittsburgh Steelers receiver JuJu Smith-Schuster earlier this week, signing him to a one-year deal worth a maximum of $10.75m.
"I am happy for Tyreek, he has grown as a man and player here in Kansas City," Chiefs head coach Andy Reid said in a statement.
"Myself, my staff and our organization appreciate all he did for our team. This move will also benefit the Chiefs, we now have cap space and additional draft picks to grow as a football team. I wish him well as he moves forward."