"We're excited about what Ryan has brought to the Dolphins," Hickey said. "We're excited about his future with the Dolphins."
The paper said the team must decide whether to negotiate a long-term contract extension with Tannehill "or simply exercise a one-year injury guarantee option that extends Tannehill through the 2016 season."
Tannehill is due $660,000 in 2015, plus a $1.5 million roster bonus.
Tannehill threw for 259 yards against the Jets in Week 17 which enabled him to become first Dolphins' quarterback since Dan Marino to throw more than 4,000 passing yards in a season. Tannehill completed 23 of his 39 pass attempts and also threw for one touchdown pass. Tannehill connected with Charles Clay for a 23-yard touchdown pass in the second quarter.
During the game, Tannehill also broke Marino's record for most completions in a season for the Dolphins. He finished the season with 4,045 passing yards, 27 touchdown passes and 12 interceptions.
Tannehill, who has found his greatest success this season when utilizing his legs, did it all with his arm Sunday. He racked up 396 yards through the air on 35 of 47 passing, the second-best total of his career, and added a career-best four touchdowns, while tossing one interception as well.
Tannehill has taken his game to another level this season, but consistency remains an issue. He has scored 30-plus points in two of the last five games, but had just 40 in the other three combined. He had consecutive 20-plus-point games just twice overall, heading into Week 17 against the Jets.
With the Dolphins announcing they will be keeping coach Joe Philbin around for the 2015 season, Tannehill's job should be secure. His upside is apparent, but he has still shown it only in flashes. He shouldn't be viewed as a top-10 quarterback for Fantasy purposes heading into the offseason.
Tannehill completed 35 of his 47 pass attempts to go along with a career-high four touchdowns and 396 passing yards. After not posting a 300-yard passing game all season, Tannehill has now thrown for more than 300 yards in two consecutive games.
If Tannehill can throw for 215 yards in the season finale, it will mark the first time in his career he surpassed 4,000 passing yards in a season.
The Dolphins host the Jets in the final game of the season.
Tannehill's only touchdown pass came on a desperation 32-yard pass to Mike Wallace, who made an acrobatic catch in the end zone with five seconds remaining in the first half. He was picked off by Duron Harmon in the second quarter and Patrick Chung in the third quarter. Tannehill completed 29 of 47 passes for a season-high 346 yards with one touchdown and two interceptions. He rushed for 21 yards on three carries.
Tannehill has passed for 3,390 yards with 22 touchdowns and 11 interceptions. He has two games left to surpass the 4,000-yard mark for the first time in his three-year career.
Miami will face Minnesota at home in Week 16.
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