The news was first reported by ESPN’s Adam Schefter.
The Browns said they will receive a 2019 5th-round draft pick in exchange for the former Ohio State star, as first reported by NFL reporter Tom Pelissero.
Schefter also said that the Browns are looking to get more playing time for the rookie running back Nick Chubb.
The Browns signed Hyde as an unrestricted free agent on March 15, 2018 to a 3-year, $15 million deal. Before playing for the Browns, Hyde played 4 seasons with the San Francisco 49ers.
For the 2018 season, Hyde has 5 touchdowns and 382 rushing yards.
Hyde also recently welcomed a baby boy to his family after scoring two touchdowns in the Browns’ first win after a 635-day losing streak. Hyde rushed to the hospital after the comeback victory to be by his wife’s side as she gave birth to their first child.