Jarvis Landry will not enter the free-agent market next month.
The Dolphins announced Tuesday they placed the franchise tag on the veteran receiver.
We have placed the franchise tag on wide receiver Jarvis Landry.
— Miami Dolphins (@MiamiDolphins) February 21, 2018
Tuesday was the first day NFL teams could designate franchise or transition players.
Landry, a second-round pick in the 2014 NFL Draft, has caught 400 passes for 4,038 yards and 22 touchdowns over four seasons. Because the Dolphins used the non-exclusive tag, Landry could still negotiate with other teams. Should he sign elsewhere, that team would then owe the Dolphins a pair of first-round draft picks. That is unlikely to happen.
Landry wants to work out a long-term deal with the Dolphins and will have until July 16 to finalize a contract. He told reporters last November things will eventually be taken care of "when it's time."
If the two sides cannot 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. Landry led the NFL in 2017 with 112 receptions for 987 yards and nine touchdowns.