Latest On Dolphins, Jarvis Landry

The Dolphins are slated to meet with the agent for wide receiver Jarvis Landry on Wednesday in Indianapolis to discuss the wide receiver’s future, sources tell Adam Schefter of ESPN.com (on Twitter). Multiple sources believe the Dolphins are interested in trading Landry, Schefter writes, which is consistent with what we’ve been hearing in recent days.Jarvis Landry (vertical)

The Dolphins surprised many last week when they opted to franchise tag Landry at a cost of more than $16.2MM. Soon after, we learned that the Dolphins are looking to trade Landry and quickly utilized the tag so that they could commence talks. What it boils down to is this – the Dolphins have limited cap space this offseason and Landry’s rumored request for $30MM in guaranteed money and more than $14MM/year does not fit into the budget. That’s also a remarkably steep price tag for a slot receiver, albeit a very good one.

Per league rules, the teams have until July 16 to agree on a long-term contract with franchise tagged players. If no deal is agreed upon by that date, then the tagged player plays out the coming season on the one-year tender. The Dolphins also reserve the right to revoke the tag from Landry once the free agent period begins on March 14.

Right now, the Dolphins seem intent on forgoing options A, B, and C, and going with option D: Dealing Landry elsewhere.

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