The AFC landscape is getting another change as the Kansas City Chiefs are trading All-Pro wide receiver Tyreek Hill to the Miami Dolphins for a haul of draft picks.
Word spread Wednesday morning that Hill was requesting a trade after he and the team could not agree on a contract extension. The Jets and Dolphins were the reported finalists. Miami came out the winners and are due to give Hill more than $70 million guaranteed on a new deal.
Hill joins a Dolphins offense that will feature Jaylen Waddle and DeVante Parker as other options for quarterback Tua Tagovailoa.
It was a notable reaction among sportsbooks in regards to the Super Bowl market. The Dolphins moved from 70-1 to 40-1 at Caesars and but remained at 50-1 at BetMGM.
DraftKings moved to 33-1 from 50-1.
It was also a big move for Tagovailoa's market.
Before the deal, Tagovailoa was 175-1 to win the NFL MVP at Caesars. That number was actually longer than newly-signed backup — or assumed backup — Teddy Bridgewater. Bridgewater was 150-1. Tagovailoa's number moved all the way to 100-1 following the deal.
Hill caught 111 balls for 1,239 yards and nine touchdowns a year ago. His 11 catches ranked third in the NFL. His 159 targets in 2021 were a career-high. He caught 15 touchdown passes in 2020 and has at least 1,000 yards receiving in four of his six seasons.
Without Hill, the Chiefs will feature receivers JuJu Smith-Schuster, Mecole Hardman and newly-signed Corey Coleman, although ESPN reported that they're looking to improve that corps through free agency.
In the deal, Kansas City acquired first-, second- and fourth-round picks in the 2022 draft. The first two picks are No. 29 and No. 50 overall. The team also received fourth- and sixth-round picks in 2023.
Patrick Mahomes is still the MVP favorite at Caesars at +700, and the Chiefs are on top of the oddsboard in the AFC West as well. Kansas City is +130 to win the division, ahead of the Chargers and Broncos who are each +275. The Raiders are the longshot at +750.
However, Kansas City's hold of the top spot to win the Super Bowl is gone.
The Chiefs opened at +750 at BetMGM but are now +900. The Buffalo Bills are the betting favorite at +650 followed by Tom Brady's Tampa Bay Buccaneers at +750.
The Jets remain at 200-1 to win the Super Bowl.