Dennis Schneidler / USA TODAY Sports

The Miami Dolphins are trying to re-sign Kenny Stills as the wide receiver’s opportunity to test the free-agent market approaches, NFL Network’s Ian Rapoport reports.

Miami will have the cap space to meet a potentially lofty price tag, and general manager Chris Grier previously stated it was “important” for the club to retain Stills.

There could be significant competition for Stills’ services, though, as Rapoport adds there are at least three other teams in the mix.

Aside from Alshon Jeffery – who could be in line for a deal among the NFL’s highest-paid wideouts – Stills figures to be among the most coveted free agents at the position this offseason.

The 24-year-old is coming off a season during which he began to tap into his potential as a vertical threat, posting 42 receptions for 726 yards and nine touchdowns.