Dolphins First Plan of Action: What’s Landry Worth?

Jarvis Landry out produced most of the top 20 highest paid Wideouts.

Jarvis Landry out produced most of the top 20 highest paid Wide Receivers.

Landry production and leadership warrants negotiations start at 11 million a year

It’s the quiet before the storm at the Miami Dolphins Head Quarters with just over a month before the NFL free agency period begins.

While they can’t make offers to other teams Free Agents, they can negotiate with their own players now.

The front office has a lot of work to do, and oddly enough, the first plan of action should be coming to terms with a player that’s not even a free agent.

Jarvis Landry is the heart and soul of the team, and a long term deal this season will prevent the possible disaster of #14 entering Free Agency next year.

The Dolphins also need to reward Landry to show the rest of the team that if you play at an elite level, you are going to be justly rewarded…and ahead of schedule.

It doesn’t take a genius in pay per head bookie service to figure out that Landry has outplayed his Rookie contract, and deserves to get a new, more lucrative one.The Dolphins understand this and know they’re going to have to pony up a huge contract to lock down Landry for the foreseeable future.

But, what is he worth?

Yes, to me he is the best player on the team and near invaluable, but what’s the number on that value?

Landry has HOF talent that doesn’t come around often

It is safe to say that Landry is regarded as one of the top 10 wide receivers in the NFL. He makes a ton of catches, does an excellent job of getting yards after the catch, and his toughness and level of intensity is off the charts.

A top 10 Receiver makes over $11 million per year and with the market constantly going up in price, Landry is probably going to cost in the $12 to $14 million-dollar-a-year neighborhood.  Whatever it is, Miami needs to pay it as painlessly and quickly as possible.

Landry’s contract though will have reverberations on the rest of the roster as the will have to tighten the belt in other areas as his value skyrockets anywhere from 11-14 times the 1 million he made in 2016.

Another rationale in taking care of Landry first is,Miami also wants to keep Kenny Stills on the team, who is an unrestricted free agent.

If Landry get his contract first, then Mike Tannenbaum can justify a reasonably lower contract to Stills.  However, if they wait to pay Landry, and Stills get into the free agent market and gets caught up in a bidding war for Stills (that Miami might not win or even want to win), this could push Landry’s contract even higher.

If Stills gets overpaid, the side effect will be driving up Landry’s market price, because everyone involved knows that he is the more valuable player.

#10 and #14 were a very potent combo in 2016

So in order to avoid multiple bidding wars, Miami should first take care of Landry, and then see if they can find a way to lock up Stills.

Miami has built a very capable receiving core consisting of a few draft picks and a trade, and now they must keep this young and talented group together, by paying them.

The next question is, can they afford to keep them all?

I’m sure Tannenbaum, Chris Grier, and Adam Gase have a plan, so only time will tell if that ends up being the right plan.

Based on what these three fellas were able to do last year, through making trades, free agency and the draft, I feel mostly optimistic that they can find a way to keep the talent on our roster, while also adding more piece to the mix. What are the rest of the Miami Dolphins News fans thoughts on the Landry and Stills contract situation?


 

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3 comments

  • Dunner

    Yea, I understand its just not that easy. However; to build a true dynasty you must retain your own. Lets start w Ajayi, RBs just do not see their true financial value any more. Only, and only if Ajayi continues his pro bowl play until his rookie deal expires he may, “May” get an extension and even that is doubtful. Miami would tag Ajayi and get that extra year if needed. At that point they would have drafted a RB to replace him. Starting RBs are found in every round in the draft now and even undrafted free agents are common now. So I do not consider Ajayi’s contract and his time frame for a new deal.

    Parker (hopefully) will be a player that you are not going to want to lose via free agency, thus tagging him could be an option. Stills contract could be structured so that Miami can get out of Still’s deal once Parker’s rookie deal is up or after that tagged year.

    Laudry is a player that is going to be paid and should be throughout each of those players contract. So his % of the cap is what it is, similar to Suh.

    Speaking of Suh, he will only be playing under current contract one more year (imo). He will be asked to restructure at that point thus giving Miami some more salary relief.

    I would not be surprised if Miami drafts a CB in this years draft. This years draft is deep w CBs and Miami could draft Lippett’s replacement in the third round or later this year.

    Tanny will restructure at some point (hoping he takes the Brady road and understand that less could actually be more).

    Every team faces the same challenge of keeping their own, some teams allocate a certain % of their cap towards each position. Some years each position requires more or less. There is a chance that Miami’s WR core could demand a good chunk of the teams cap space for the following 3/4 years. Management must recognize this and draft accordingly (O-Lineman, RB, LBers), thus keeping other positions of the team relatively cheap (rookie deals).

    Final scenario; I would not be surprised if Gase and this staff operates similar to the Pats. Meaning, I would not be surprised if a player or two (Parker) are traded when their value is maximized with one year left on their rookie deal to stock pile draft picks. A move that the Pats exercise all the time.

    It is a win now league, even though it would be irresponsible for the organization to solely focus on the current year, there are always ways to get players under contract or tag and their “it”.

  • Dunner

    Mithell, Williams, Albert salary’s alone are more than enough to re-sign both Stills and extend Laundry and bring back Sims. That doesn’t include Misi, Jordan or any surprise cuts. Following Laundry, Stills, Sims we would still have plenty of space/money to bring in a LBer or two and a guard or two, even a TE if warranted. Cap space is not a restriction this off season, evaluation and plan could be. However; unlike so many previous staffs, I feel this one knows the kind of player they covet and how they plan to use them.

    • admin

      I agree they ‘can’, but let say low-ball Stills makes 8 mill, Landry 12 and then what about Parker in two years and Ajayi and Lippett with him (all of which would be unrestricted FA’s)? 30 mill on the receiving core (Parker get 8-10 let’s say), plus how much for a star back or good corner? Plus 20 on T-Hill and 15 on Suh…that’s 65 mill for 5 players? Then the year after that Tunsil and Carroo are due. I’m just saying…not disagreeing.