As the 2024 NFL offseason progresses, news broke on the Miami Dolphins‘ acquisition of wide receiver Odell Beckham Jr. The former Pro Bowler, renowned for his electrifying plays and charismatic persona, has found a new home in South Beach. Here we are after another year of free agency, so let’s explore yet another Odell Beckham Jr contract.

Odell Beckham Jr Contract with Miami Dolphins

Reports indicate that Odell Beckham Jr. has signed a one-year contract with the Miami Dolphins worth $3 million guaranteed, with the potential to reach a maximum value of $8.25 million through incentives. This contract structure presents a relatively low-risk, high-reward scenario for the Dolphins, as they’ve secured the services of a proven playmaker without breaking the bank.

Beckham’s journey to this point has been rocky. After suffering a torn ACL during the Los Angeles Rams’ Super Bowl LVI triumph in 2022, he remained unsigned for the entire 2022 season as he recovered from the injury.

This setback followed a stint with the Baltimore Ravens in 2021, where he inked a one-year, $15 million deal and demonstrated his ability to still contribute, even in a limited role, amassing 35 receptions for 565 yards and three touchdowns.

How Odell Beckham Jr. Fits with the Miami Dolphins

While the signing of Odell Beckham Jr. may not generate the earth-shattering impact that some of his fans might have anticipated, it represents a significant addition to the Miami Dolphins’ already formidable offensive arsenal. The expectation is that Beckham will assume the number three receiver role behind the dynamic duo of Tyreek Hill and Jaylen Waddle, providing another potent weapon to quarterback Tua Tagovailoa’s disposal.

Last season, the Dolphins experienced firsthand the consequences of injuries to Hill and Waddle, revealing their heavy reliance on the explosive duo. This realization likely contributed to the decision to acquire Beckham, offering a proven and talented contingency plan should injuries strike again.

However, it’s crucial to note that beyond Hill and Waddle, the Dolphins possess an impressive collection of offensive talent. Newly signed tight end Jonnu Smith, running back Raheem Mostert, and wide receivers Braxton Berrios, River Cracraft, Erik Ezukanma.

How Big is the Risk for the Dolphins?

For the Dolphins organization, the risk associated with Beckham’s signing is relatively minimal. If he fails to meet expectations, they are only committed to $3 million. Conversely, if he reaches the incentives and contributes significantly, the $8.25 million maximum value of the deal would still represent a bargain for a player of Beckham’s caliber.

While the hype surrounding Beckham’s signing may not reach the stratospheric levels that some fans had hoped for, the move is undoubtedly a win for the Miami Dolphins.