Jets and Broncos do late-round pick swap

A new QB in Denver: The #Jets are trading former No. 2 overall pick Zach Wilson to the #Broncos, per sources.

Denver is expect to send a 2024 sixth-round pick to New York for Wilson and a 2024 seventh-rounder, with the teams dividing his guaranteed camp roster bonus. (Tom Pelissero on X)

Nerdy Football Analysis: Wilson has yet to find his footing after three uninspiring years with the Jets. He’ll get a change of scenery in Denver where Sean Payton is holding a casting call for quarterbacks. Jarrett Stidham is currently on the roster and the expectation is that Denver will select a QB in the upcoming draft. Wilson’s fantasy value is still minimal for now.

One-year deal

Former Ravens RB J.K. Dobbins plans to sign a one-year contract with the Los Angeles Chargers, per his agency LAA Sports. He now will reunite with his former Ravens OC Greg Roman in Los Angeles. (Adam Schefter on X)

Nerdy Football Analysis: The Chargers have cornered the market on Ravens’ running backs with Dobbins and Gus Edwards joining Jim Harbaugh’s squad as free agents this off-season. Dobbins tore his Achilles back in September and also has torn his ACL and LCL in his injury history. He’ll be facing an uphill battle to regain fantasy relevance in 2024.

One-year deal

The Cowboys are signing free agent RB Royce Freeman to a one-year deal. The 28-year-old was a third round pick in 2018. He played for the Rams last season, rushing for 319 yards and 2 TDs on 77 carries. (Jon Machota)

Nerdy Football Analysis: Dallas will likely be selecting a running back at some point during the upcoming NFL Draft with only Freeman, Rico Dowdle and Deuce Vaughn under contract. Freeman was with the Rams last season and finished with a 77-319-2, 1-13-0 line, well off the fantasy radar.

Through the 2028 season

Eagles announced a three-year contract extension for WR DeVonta Smith that tied him to Philadelphia through the 2028 season. The extension includes $51 million guaranteed, per source. (Adam Schefter on X)

Nerdy Football Analysis: The Eagles are getting out in front of WR market with new contracts expected to be signed by Justin Jefferson, CeeDee Lamb, JaMarr Chase, Brandon Aiyuk and others. Smith finished 19th among WRs in PPR leagues last season and 14th in 2022. He’ll be on the WR2 radar again in 2024.