Dolphins and Broncos updated list of 2026 NFL draft picks after Jaylen Waddle trade

The Denver Broncos and Miami Dolphins have pulled off a huge trade involving star wide receiver Jaylen Waddle.

According to NFL Network's Tom Pelissero, the Broncos are acquiring Waddle and a fourth-round pick from the Dolphins and are sending first-, third- and fourth-round picks to Miami. All of the picks involved are 2026 selections.

Waddle has long been the subject of trade rumors but the belief was that Miami would need a huge package to actually move him. We would say the Broncos' package qualified as such.

Now, the Dolphins are armed with more picks to help their rebuild, and the Broncos get the impact wide receiver they needed alongside Courtland Sutton.

Here's where things stand in terms of draft capital for both teams in 2026.

Broncos 2026 NFL draft picks

• Round 2
• Round 4 (via NO)
• Round 4 (via MIA)
• Round 5
• Round 7
• Round 7 (projected comp pick)
• Round 7 (projected comp pick)

Dolphins 2026 NFL draft picks

• Round 1
• Round 1 (via DEN)
• Round 2
• Round 3
• Round 3 (via DEN)
• Round 3 (via PHI)
• Round 3 (via HOU)
• Round 4 (via DEN)
• Round 5
• Round 7
• Round 7 (via LAC)

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