Will the Dolphins go back to the Packers well?

The Dolphins hollowed out their receiving corps on Tuesday by trading Jaylen Waddle. If they desire a veteran to replenish the unit, the Packers would make a natural trade partner.

Though the Green Bay Packers appear to have made their most significant veteran additions of the offseason, other clubs remain active in that regard. One such team, the Miami Dolphins, just completed another major move, the ripple effects of which could eventually reach Wisconsin.

On Tuesday, the Dolphins traded arguably their best player, wide receiver Jaylen Waddle, and a fourth-round pick to the Denver Broncos. In return, Miami receives Denver’s selections in the first, third, and fourth rounds of the upcoming draft. Using the Rich Hill trade chart, Waddle’s former team netted the approximate value of the No. 25 overall pick in exchange for the wideout.

Waddle’s departure doesn’t come in a vacuum for the Dolphins, who will feature a considerably different cast on offense next season. They had already cut wideout Tyreek Hill, the team’s leading pass catcher over the past four years, and did not re-sign tight end Darren Waller. As a result, Miami currently features the likes of Tutu Atwell, Malik Washington, and Greg Dulcich at the top of the depth chart.

And these changes come on top of the Dolphins revamping their quarterback room. On the first day of the legal-tampering period, they reached an agreement with former Packers signal-caller Malik Willis on a three-year, $67.5 million deal that included $45 million fully guaranteed at signing. That move corresponded with the team releasing longtime starter Tua Tagovailoa, doing so with a June 1 designation. That decision resulted in nearly $100 million of dead money hitting Miami’s books over the next two seasons.

On the surface, the Dolphins’ actions don’t appear to have much effect on the Packers outside of a potential 2027 compensatory pick. However, the Waddle trade in particular suggests that Miami might have additional moves up its sleeve, perhaps some involving Green Bay.