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Orlovsky: Dolphins can win Super Bowl with Bradley Chubb (0:57)

The deal for Bradley Chubb made the Dolphins a Super Bowl contender. 0:58

According to sources, the Miami Dolphins and Bradley Chubb have agreed on a five-year, $110 million extension.

Chubb has a contract with the Dolphins for six years and $119 million.

According to sources, the Dolphins GM, VP, and Chubb's agent did the deal in the past two days.

The Broncos traded Chubb to the Dolphins for a package that included a first-round pick from last year. The Dolphins got a fourth-round pick and a fifth-round pick from the Broncos.

Miami did not part ways with a first-round pick for a one-year rental for Chubb, even though he was in the last year of his contract.

"When you do a deal like that for a player, you always want to have something done, and we anticipate having something finished up here soon," he said.

The former Pro Bowler has recorded 5.5 sacks this season and is third in the league with a 25.8% pass rush win rate.

Chubb has been injured over the past three seasons. He has missed 24 out of 49 possible games because of injuries. The Dolphins did extensive research into his injury history and work ethic and found no reason to be concerned.

Over the next two seasons, the Dolphins will have to make decisions on several key players, such as Christian Wilkins and Andrew Van Ginkel, while also issuing $17 million or more to four players not including Chubb.

This report was based on information from a sports commentator.