Dolphins place franchise tag on Jarvis Landry

Wide receiver likely staying in Miami

Miami Dolphins wide receiver Jarvis Landry makes the catch for a touchdown during the first quarter against the Tampa Bay Buccaneers at Hard Rock Stadium on Nov. 19, 2017 in Miami Gardens, Florida. (Mike Ehrmann/Getty Images)

DAVIE, Fla. – Other NFL teams may have a shot at acquiring Miami Dolphins wide receiver Jarvis Landry this offseason, but it'll cost them.

The Dolphins announced Tuesday that they have placed a non-exclusive franchise tag on the wide receiver.

That means that the Dolphins will pay Landry about $16 million next season. 

Other teams can sign Landry but would have to give up two first-round picks. 

Landry and the Dolphins have been trying to work out a long-term contract.

The fourth-year receiver made the Pro Bowl with 112 catches for the Dolphins last season.