In other words, Landry nearly certainly will stay in South Florida instead of headlining this year's class of free-agent receivers. If they honestly believe a contract extension can be worked out between them and Landry placing the franchise tag on a player should be the last resort and teams have until March to assign it. The non-exclusive franchise tag enables Landry to negotiate with other teams, but the Dolphins have the right to match any offer, and if they don't match, Landry's new team would have to give the Dolphins two first-round draft picks. The move by the Dolphins came on the first day that teams could assign franchise tags.
The franchise tag can be as rewarding as it can be polarizing for players who are eligible for free agency. He has been selected to three consecutive Pro Bowls and has 400 career receptions, a record for a fourth-year player.
The Dolphins later confirmed the report.
Landry will inevitably intrigue general managers, as he's a productive possession receiver in the prime of his career. He then followed with a career-high 112 catches for 987 yards and a career-best nine touchdowns in 2017, which helped him earn a third straight trip to the Pro Bowl.
First Landry would have to fall in love with a team and know that club would offer him a long-term contract.
If the two sides can not agree to terms on a long-term deal by mid-July, Landry will play the 2018 season on a one-year deal worth about $16 million. That belief is strengthened by the fact that it reportedly met with coveted quarterback prospect Josh Allen.