Tyreek Hill to the Colts? It's Suddenly Possible

UPDATE: That was fast. On the day the news broke that Hill was on the market, the Chiefs dealt him to the Miami Dolphins in exchange for five draft picks: a first (No. 29), second (No. 50), and one of Miami's fourth-rounders (either No. 121 or 125) in 2022, and a fourth and sixth-rounder in 2023.

Hill was also given a huge contract extension of four years and $120 million, including $72.2 million guaranteed, per ESPN's Adam Schefter.

If the Indianapolis Colts are looking to get quarterback Matt Ryan a shiny-new toy, wide receiver Tyreek Hill of the Kansas City Chiefs is suddenly available according to Ian Rapoport.

Another blockbuster coming? Despite an offer from the #Chiefs that would make superstar Tyreek Hill one of the highest-paid receivers, extension talks have stalled and Kansas City has now given Hill’s agent permission to seek a trade, sources tell me and @TomPelissero.
— Ian Rapoport (@RapSheet) March 23, 2022

"Another blockbuster coming?" asked Rapoport on Twitter. "Despite an offer from the Chiefs that would make superstar Tyreek Hill one of the highest-paid receivers, extension talks have stalled and Kansas City has now given Hill’s agent permission to seek a trade, sources tell me and Tom Pelissero."

Earlier this month, we read the tea leaves and though Davante Adams could be a target of the Colts, but that was before the quarterback had been settled.

The Colts have since made several moves including bringing in four-time Pro Bowl selection Matt Ryan that has eaten into their generous cap space, but Indianapolis still has $15.8 million available according to OverTheCap.

$15.8 million on average wouldn't get it done for the 28-year old Hill who is set to make $20.4 million in the last year of his deal with the Chiefs according to Spotrac. But available cap money is flexible, and the Colts could still make a compelling offer to Hill who has been a Pro Bowl selection in each of his six seasons.

The Colts have been universally lauded for their trade of Matt Ryan, getting an A+ from ESPN, and they could be seen as a terrific destination for a player like Hill who is looking for a payday and a chance to continues competing for Super Bowls.

The Colts lack a first-round pick in this year's draft, but still hold Washington's second and third round picks. The Chiefs would almost certainly insist on the Colts' 2023 first-round pick as well.

Would the price of those picks be too high for Tyreek Hill?

The LA Rams won a Super Bowl this year by moving draft picks for established veterans.

The Colts could try and replicate that process, and Hill would be a big piece of any contending team.