Hill had spent the last four seasons with the Dolphins, but played only 4 games this past year after tearing multiple ligaments when he dislocated his knee.
In 2023, Hill led the entire NFL in both receiving yards (1,799) and receiving touchdowns (12). He spent the first seasons of his career as a member of the Kansas City Chiefs, where he was a three-time All-Pro Super Bowl champion.
The 31-year-old, who was also a two-time First-team All-Pro with the Dolphins, is now a free agent and can sign with any team.
Chubb spent the past three-and-a-half years with the Dolphins after being acquired in a trade with the Denver Broncos.
After missing the entire 2024 season due to a torn ACL, meniscus, and patellar tendon, the 29-year-old pass rusher bounced back this past season, putting up 47 tackles, 8.5 sacks, and two forced fumbles in all 17 games.
In 2023, Chubb fell just two sacks short of setting a new career high after finishing the season with 11. It was the most sacks he put up in a single season since his rookie year in 2018 with 12.