ESPN's Adam Schefter reports that free-agent wide receiver DeAndre Hopkins and the Baltimore Ravens have agreed to terms on a one-year, $5 million deal worth up to $6 million guaranteed. Despite the increased production from fourth-year wideout Rashod Bateman a season ago, Baltimore sought to bolster their wide receiver corps, bringing a veteran presence into the locker room. Hopkins spent most of 2024 with Kansas City after a midseason trade with the Tennessee Titans and racked up a 41-catch, 437-yard line in 10 games with four touchdowns. The 32-year-old is not the presence he once was on the outside, but he gives superstar quarterback Lamar Jackson another set of reliable hands. While Hopkins may still have some juice, he'll be competing with fellow wideouts Zay Flowers and Bateman and tight ends Mark Andrews and Isaiah Likely for targets on a team that ranked second-to-last in pass attempts per game in 2024 (27.5).

The Buffalo Bills have re-signed running back Ty Johnson on a two-year deal. The amount of the contract is undisclosed. ESPN's Jeremy Fowler reported the news. The Maryland product tied his career high with four total touchdowns last season and was a valuable asset on third downs for the team. Johnson played the second-most snaps of all Bills' RBs in 2024 and will likely again slot in as a change-of-pace option and third-down specialist behind incumbent starter James Cook. However, he'll still have second-year back Ray Davis to compete with for touches, and Davis out-carried Johnson 113-41 in just his rookie season. Despite what this means for the team on the field, it's unlikely to make an impact regarding fantasy. The 27-year-old presents as nothing more than a potential low-end handcuff.

Per Kevin Patra of NFL.com, New Orleans Saints head coach Kellen Moore is excited to team up with quarterback Derek Carr for the 2025 season. "I think we've been consistent through this whole process," Moore said. "We feel really good about Derek, and we're excited to team up with him...We want him here, and it'll be a good situation." The Saints' new head coach also noted he believes that the veteran can improve from last year's injury-plagued season. Carr and New Orleans started 2024 on fire, scoring 44+ points in each of their first two contests. However, it was all downhill from there, as the team imploded and the 33-year-old dealt with abdomen and hand injuries that forced him to miss seven games. If the Fresno State alum can stay healthy, he'll undoubtedly be more productive this upcoming season. The vote of confidence from his head coach is nice, but he projects as nothing more than a middling QB2 and potential streaming option regarding fantasy.

Free-agent wide receiver Trent Sherfield Sr. is signing with the Denver Broncos on Tuesday on a two-year, $8 million deal, sources tell FOX Sports' Jordan Schultz. Sherfield will join the Broncos in 2025 after playing in 17 regular-season games (one start) with the Minnesota Vikings last year and catching only eight of his nine targets for 83 yards and one touchdown. The 29-year-old pass-catcher has been with five different teams (Cardinals, 49ers, Dolphins, Bills and Vikings) in the last five seasons, with his best year coming in 2022 with Miami, when he posted a 30-417-2 line in 17 games (four starts). The Vanderbilt product spent the first three years of his NFL career in Arizona before bouncing around on a year-to-year basis. Sherfield is unlikely to make much noise with the Broncos next season while competing for a secondary role with the likes of Marvin Mims Jr., Devaughn Vele and Troy Franklin.

NFL Network's Tom Pelissero reports that with quarterbacks Sam Darnold and Daniel Jones now out of town, it's considered likely that J.J. McCarthy (knee) will be the Minnesota Vikings' starting QB in 2025. The Vikings had plenty of interest in retaining one of Darnold or Jones, but they were outbid by the Seahawks and Colts, respectively. Minnesota will probably add a veteran QB as insurance, but all signs point to McCarthy leading the offense from Week 1 after he missed all of 2024 due to a torn meniscus that he suffered in the preseason. The 22-year-old Michigan product was the 10th overall pick in last year's draft. Although he has an excellent one-two punch to work with at receiver in Justin Jefferson and Jordan Addison and a QB guru in head coach Kevin O'Connell, fantasy managers should expect growing pains from McCarthy. Fantasy managers in single-QB, 12-team leagues can ignore McCarthy in 2025.