The 24-year-old Collins suffered the injury during Sunday's win over the Bears, and is expected to be recovering for the next 4-to-6 months. The two-time Pro Bowler will be an unrestricted free agent at the end of the season, unless the Giants use the franchise tag on him or sign him to a long-term deal.
Collins' future with the Giants is now far from certain, but several of his teammates indicated that his absence will be a detriment to the team. Simply put, they want him in New York.
"I wouldn't want to play with anybody other than him at that position," said fellow safety Michael Thomas, per the New York Post.
Collins returned to the field after suffering the injury Sunday and toughed it out for the rest of the game. Though X-rays later came back negative, further testing showed there was cause for concern.
Thomas, who will now try to fill the void with rookie S Sean Chandler, praised Collins' toughness.
"He's going to leave it all out there on the field. It sucks," Thomas said. "I've been through it, a lot of guys have been through it - you got decisions to make about, 'Do I want to keep going out there putting it on the line for my teammates, but also I got to think about my long-term career as well.'
"You don't just replace a guy like LC." (New York Post)
Veteran CB Janoris Jenkins was also clear about wanting Collins to return to the Giants in 2019.
"I mean, who doesn't?" said Jenkins.
Added DL Dalvin Tomlinson: "Landon is a huge part of our defense and it's tough to replace that void."
An NFL source told SNY's Ralph Vacchiano that there has been no progress between Collins and the Giants on a new contract. The franchise tag for a safety is expected to cost about $12 million, and a long-term deal would likely be higher per season.
There has proven to be interest in the 2015 second-round pick. The Chiefs and Buccaneers were willing to trade at least a third-round pick for Collins back in October, Vacchiano reported.