The Jaguars (3-3) were willing to take on the financial commitment because leading rusher T.J. Yeldon will become a free agent at the end of this season.
Third-team running back Corey Grant sustained a season-ending foot injury in a Week 5 loss at Kansas City. He has missed all but two games this season and has two catches for 40 yards in the two games he has played in.
The Browns said they will receive a 2019 5th-round draft pick in exchange for the former Ohio State star, as first reported by National Football League reporter Tom Pelissero.
The running back workload in Cleveland has been a source of frustration for just about everyone all season. The Jags are dealing with injury issues at running back while the Browns have a glut of young talent in their backfield they want coming to the fore.
The 28-year-old Hyde was off to an impressive start in Cleveland.
Chubb is averaging 10.8 yards per carry, including touchdown runs of 63 and 41 yards at Oakland in Week 4. It's been three weeks, and Chubb has seen very little, if any, increase in his amount of carries.
Earlier this week, Browns coach Hue Jackson said it was vital to get Chubb more touches. The talented former 49'er will get more looks in Jacksonville. I think that is what you were seeing yesterday.