Landry is headed to the Browns in exchange for a pair of draft picks, Adam Schefter of ESPN reports.
Landry signed his franchise tender Thursday to pave the way for an inevitable trade. He figures to continue working out of the slot upon joining Cleveland, where Josh Gordon and Corey Coleman will handle most of the outside reps. The Browns figure to operate as a three-wide base offense to take advantage of their talented receiver group, though there's only so much that can be done without a competent passer to feed Landry and his teammates. The Browns surely will address their quarterback room in free agency and/or the draft, but they first intend to give Landry the type of multi-year contract he'd long been seeking in Miami, per Schefter. Meanwhile, the Dolphins presumably want 2015 first-round pick DeVante Parker to absorb some of Landry's vacated targets, and they also figure to add playmaking talent in the coming months.
Landry signed his franchise tender for the 2018 season Thursday, Adam Schefter of ESPN reports.
Though Landry is officially on the Dolphins' books for next season at a salary figure of approximately $16 million, it's far from guaranteed that he'll remain on the roster in the coming weeks. Miami has gained little traction to date in their negotiations with Landry, who is seeking a longer-term deal, and it appears the team is ready to turn its attention to exploring the trade market for the wideout. According to Joe Schad of The Palm Beach Post, Landry is believed to be seeking a new contract in the neighborhood of the $14.5 million in average annual salary and $30 million guaranteed Green Bay's Davante Adams received in December. Other teams in need of an upgrade at receiver with more tenable cap situations could be willing to meet Landry's demands, so expect the Dolphins to aggressively engage potential suitors while Landry remains the top commodity on the market before free agency opens March 14.
Landry's agent has talked with the Bears and Ravens, among others, about a potential trade for the wide receiver, Jeremy Fowler of ESPN.com reports.
With no long-term deal expected in Miami, the 25-year-old slot receiver will sign the franchise tag and hope his agent can find a trade with a team that's willing to give Landry the type of contract he's seeking. Baltimore and Chicago would be promising destinations in terms of maintaining his lofty target volume, as both teams have a glaring lack of receiving talent on their current rosters. No trade can officially go through until the new league year begins March 14.
Rapoport assumes this is a signal that a trade is on the horizon since the Dolphins and Landry couldn't agree to a long-term deal. In 16 games last season, the LSU product hauled in a league-best 112 receptions for 987 yards and 13 touchdowns. Landry is an elite talent, but his yards per catch dropped from 12.08 to 8.81 between the 2016 and 2017 seasons, respectively, while he failed to record a 100-yard game in the latter season. Still, the asking price for Landry hovers around two first-round picks, and it'll be exciting to see the extent of his potential if he's traded and matched with a high-caliber quarterback -- something he hasn't had during his four-season stint in Miami.
After failing to agree to a long-term extension, the Dolphins placed a $16.2 million franchise tag on Landry last week -- but that doesn't guarantee the wideout will call Miami home come Week 1. It was initially believed that any trade for Landry would have to involve two first-round draft picks, but it has been reported that the asking price has lowered for the Dolphins. Landry is coming off an NFL-leading 112-catch season, to go along with 987 receiving yards and nine touchdowns in 16 games.
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