Waller came out of retirement to join the Dolphins prior to the start of the 2025 season for his first action since the 2023 campaign. Hip and pectoral injuries limited him to nine appearances for the Dolphins, and Waller averaged a meager 31.4 receiving yards per game, though he caught six touchdown passes, which was the second-highest total among his nine NFL seasons. Waller has dealt with myriad injuries throughout his career, playing more than 12 games only twice, with the last such season coming in 2020. The Panthers signed him this August to address an obvious weak point of their offense, but it probably isn't the best situation for Waller to pile up target volume, especially if he's ceding many of the early down snaps to block-first TE Tommy Tremble.