UPDATE 2:45PM - The OBR now has official confirmation from the team in the form of a press release:
BROWNS TRADE QB CHARLIE FRYE TO SEATTLE SIGN QB KEN DORSEY TO A ONE-YEAR CONTRACT
The Cleveland Browns have traded QB Charlie Frye to the Seattle Seahawks for an undisclosed draft choice, pending his passing of a physical, and have signed free agent QB Ken Dorsey to a one-year contract, the club announced today.
Frye, 6-4 and 217 lbs., started last Sunday in the regular season opener vs. Pittsburgh and was four of ten passing for 34 yards before leaving in the second quarter. Last season, Frye started 13 games with a 4-9 record as a starter and completed 252-of-393 passing for 2,454 yards for 10 touchdowns and 17 interceptions and a 72.0 QB rating.
Frye was originally drafted by the Browns in the third round, 67th overall, in the 2005 NFL Draft out of the University of Akron. During his three years with the Browns, Frye appeared in 21 games, including 19 starts and was 354-of-567 passing for 3,490 yards with 14 touchdowns and 23 interceptions for a 71.1 QB rating.
Dorsey, 6-4 and 220 lbs., rejoins the Browns after spending last season with the club and recently being waived on Sept. 1, at the end of training camp on the final roster cut-down. Dorsey appeared in one game last year for the Browns and has appeared in 12 games, including 10 starts, during his NFL career with San Francisco and Cleveland.
UPDATE 12:50PM - Fox's Jay Glazer is now reporting that Charlie Frye has been dealt to the Seattle Seahawks. Terms of the deal are undisclosed.
UPDATE 12:30PM - The OBR has learned that, as of just after noon today, neither Charlie Frye or his agent have been informed of any potential activity to move the quarterback.
UPDATE 12:20PM - Two Browns sources have confirmed to the OBR that QB Charlie Frye will not be with the team at week's end. Frye may still be traded, or may be released if a trade partner cannot be found.
The OBR first reported last March that the Cleveland Browns were considering trade offers for starting quarterback Charlie Frye. Following an abysmal opening day against the Pittsburgh Steelers, reports in to the OBR are indicating that the Browns may be following through with such a move.
Up to five teams have expressed interest in Frye, including the New York Jets, Atlanta Falcons, and Carolina Panthers. With respect to the latter, the name of DL Kindal Moorehead (an off-season interest of the Browns) has come up. Contrary to reports on local radio, Frye has not been dealt as of this time (Noon, EST).
OBR sources have informed us that the Browns have had discussions with the New York Giants regarding the availability of both Frye and Anderson, although that has not been confirmed. An NFL source informs the OBR that the team "has been working the phones and that a deal is close". Atlanta is also another potential destination for Frye.
Frye, who won a quarterback competition with backup Derek Anderson during training camp, appears to have lost his starting role and perhaps his Browns career with his performance. The Browns starter completed the day with four completions on ten attempts, with one interception, making for a ridiculously low quarterback rating of ten. Rattled by the Steelers blitzing defense, Frye was sacked five times before being lifted in favor of Derek Anderson.