The Dolphins continue to search for a third receiver behind Tyreek Hill and Jaylen Waddle, but the team isn’t willing to break the bank for the position. A league source that has talked with the Dolphins believes the organization is only willing to spend “a few million” on another wideout, per Barry Jackson of the Miami Herald.

The team reportedly made an offer to Odell Beckham Jr., and Jackson says the veteran “remains Miami’s top choice” for the role. Jackson also passes along that the two sides have continued to speak about a potential deal, but the writer believes OBJ isn’t looking for a significant discount on the $15M he earned from the Ravens in 2023. In that case, the Dolphins’ offer of a “few million” might not be enough.

The organization has also been mentioned as a suitor for free agent Tyler Boyd. However, the long-time Bengals wideout isn’t looking to take a major pay cut on the $10.3M he earned last season, per Jackson. Hill has pushed for the Dolphins to pursue Michael Thomas, but Jackson says the front office has been “more mindful” of pursuing players with significant injury histories.

The Dolphins will likely continue to be patient until after the draft, and Jackson believes the organization would be comfortable filling that WR3 hole with a rookie. In that scenario, the Dolphins would probably take themselves out of the running for the top remaining free agent WRs.

Cedrick Wilson Jr. served as the team’s third wideout in 2022 and 2023, but he left for the Saints this offseason. Besides Hill, Waddle, and slot receiver Braxton Berrios, the rest of the current WR depth chart lacks experience. That grouping includes River Cracraft, Braylon Sanders, Erik Ezukanma, and Anthony Schwartz.