When the Rams surged to the NFC West title past year after 10 straight losing seasons, Austin didn't play much of a part. After restructuring his contract, Austin will cost the Cowboys $5 million next season.
It's the second receiver-related move during the draft after the Cowboys dumped franchise touchdown catch leader Dez Bryant in a cost-cutting decision this month.
The compensation heading to Los Angeles is only a sixth-round selection, No. 192 overall.
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Austin's 288 catches at West Virginia and 3,413 receiving yards remain school records, as do the 344 rushing yards he amassed in a 50-49 loss to Oklahoma in 2012.
Austin finishes his time with the Rams with 194 career receptions for 1,689 receiving yards and 12 touchdowns. He's also contributed with 1,238 yards and nine touchdowns on the ground.
They signed former Jacksonville Jaguars wideout Allen Hurns in free agency and also added Colorado State receiver Michael Gallup in the third round of the draft. Austin could be that type of player.
Tavon Austin now officially joins that group.