New Orleans Saints DVOA, Stats, & NFL Rankings

Veteran free-agent wide receiver Dante Pettis is signing a one-year deal with the Chicago Bears, according to Courtney Cronin of ESPN. The 2018 second-round pick last played in 2022 with Chicago, and he was released during last year's training camp with an injury settlement. Pettis has hauled in just 71 passes for 984 yards and 12 touchdowns through his first 50 regular season games. He's unlikely to be on the fantasy radar in 2024, especially since the Bears now have one of the best wide receiver duos in the NFL in DJ Moore and Keenan Allen.

The New Orleans Saints have agreed to terms on a deal with wide receiver Cedrick Wilson Jr. on Thursday. The salary is unknown at the moment, but it appears to be a two-year deal. The 28-year-old hasn't done much of the field since his breakout 2021 season with the Dallas Cowboys. After that, Wilson spent two years with the Miami Dolphins where he posted below average campaigns. This looks like a low-risk move for the Saints who are trying to add depth after moving on from Michael Thomas.

The Philadelphia Eagles are not tendering tight end Jack Stoll, meaning he will become a free agent when the legal tampering period begins on March 11. Stoll has served as Dallas Goedert's backup in Philadelphia since being undrafted in the class of 2021. He has hauled in 20 of his 27 targets for 183 yards in three seasons with the organization. The Eagles are open to re-signing the 26-year-old, according to ESPN's Jeremy Fowler, but he is likely to hit the open market.

The New Orleans Saints tendered the exclusive rights to wide receiver Rashid Shaheed for a one-year tag worth $985,000. Shaheed caught 46 passes for 719 receiving yards and five touchdowns over five touchdowns in 15 games in 2023. The Saints plan to release Michael Thomas this offseason, and Shaheed could secure New Orleans' No. 2 receiver role behind top wideout Chris Olave. While Thomas was sidelined from Weeks 12 through 18, Shaheed caught 15 passes for 194 yards and two touchdowns over five games. The 25-year-old did miss two weeks due to a thigh injury. Shaheed has always been a boom-or-bust fantasy option and is a better fantasy option in best-ball leagues than standard PPR formats.

The New Orleans Saints restructured quarterback Derek Carr's contract on Friday for salary cap purposes, a move that was expected to give the team around $23 million in cap relief for the 2024 season, according to sources. Carr is due $30 million in base salary this year, so converting a portion of that into a signing bonus provides immediate savings. The 32-year-old veteran signal-caller is under contract with the Saints through 2026. In his first year in the Big Easy, he threw for 3,878 yards, 25 touchdowns and eight interceptions while amazingly not missing a single game despite suffering multiple concussions, cracked ribs and a shoulder sprain. Carr is as tough as they come and can give fantasy managers low-end QB1 lines on occasion, but he's best drafted as a fantasy backup.