The Denver Broncos have acquired wide receiver Jaylen Waddle from the Miami Dolphins in a trade that sends a first-round draft pick to Miami, according to multiple reports.

Waddle, who has been a key offensive weapon for the Dolphins, will join the Broncos' receiving corps alongside quarterback Bo Nix. The trade represents a significant move for Denver as the team looks to bolster its offensive capabilities.

The acquisition gives the Broncos a proven wide receiver who can serve as a primary target in their passing game. Waddle has established himself as a reliable offensive contributor during his time in Miami.

For the Dolphins, the trade means parting with one of their top receivers in exchange for draft capital. Miami's offensive unit will need to adjust to the absence of Waddle's production moving forward.

The move is part of Denver's broader strategy to enhance their roster competitiveness. The Broncos are positioning themselves with additional offensive weapons as they work to improve their standing in the AFC West division.

The trade affects both teams' outlook for the upcoming season, with Denver gaining an established receiver while Miami gains future draft flexibility through the first-round selection.