That price tag might make Booker difficult to trade, but he's certainly good enough that he could help some team.
Ironically, one team that clearly could use a wide receiver is the Kansas City Chiefs, who will trade veteran quarterback Trent Green to the Dolphins as soon as the sides can finally agree on compensation.
Who knows, maybe Booker might figure into the deal that gets Green to Miami, although it should be mentioned that Chiefs head coach Herm Edwards expressed this offseason a desire for his team to get younger and Booker turns 30 on July 31.
If Booker is traded for a draft pick, he's not likely to fetch much more than a fourth-round pick.
Booker's departure also would make getting a wide receiver in the draft a bigger priority because the Dolphins don't have much on the roster in terms of proven commodities behind Chris Chambers.
The Dolphins drafted Derek Hagan last year, but he didn't have a great rookie season and he also might be better suited for the role of third receiver.