Adam Schefter of ESPN is reporting the Miami Dolphins have traded the #3 overall pick in the upcoming 2021 NFL Draft to the San Francisco 49ers. San Francisco will now be selecting #3 overall and the Dolphins in return get pick #12, a 2022 3rd round pick (the Adam Schefter report below is incorrect, its a 3rd in 2022 per the Miami Herald), and the first-round draft picks of San Francisco in both 2022 and 2023.

More on this story as it develops.