Free-agent quarterback Mac Jones agreed to terms with the San Francisco 49ers on Wednesday on a two-year deal worth $7 million with $5 million guaranteed, a source tells NFL Network's Ian Rapoport. The maximum value of the deal is for $11.5 million. After one season with the Jacksonville Jaguars in which he appeared in 10 games (seven starts) due to multiple injuries to starter Trevor Lawrence, Jones will head to the NFC for the first time to back up Brock Purdy in 2025. The 26-year-old looked like a backup in his 10 appearances for the Jags a year ago, completing 65.3% of his 262 pass attempts for 1,672 yards, eight touchdowns and eight interceptions. If Jones were forced into significant playing time again in 2025 due to a Purdy injury, he'd at least be set up better with better offensive pieces around him in San Fran.

The Tampa Bay Buccaneers agreed to terms to re-sign quarterback Kyle Trask on Wednesday night on a one-year, $2.787 million deal, a source told NFL Network's Ian Rapoport. The former second-round selection (64th overall) in 2021 out of the University of Florida will return in 2025 to backup Baker Mayfield. In his three years in the NFL, the 27-year-old has appeared in only seven games (no starts) and has gone 4-for-11 for 28 yards without a touchdown or interception. Although the Buccaneers are on their third different offensive coordinator in the last three years, Trask has familiarity with the organization. However, should Mayfield go down with an injury in 2025, Tampa's offense will probably be in serious trouble given Trask's lack of NFL experience.

The Baltimore Ravens re-signed wide receiver Tylan Wallace to an undisclosed one-year deal on Wednesday evening, according to The Athletic's Jeff Zrebiec. Wallace wasn't fantasy relevant in 2024 in his fourth year in Baltimore, but it was notable that he set career-highs across the board in catches (11), targets (12), receiving yards (193) and touchdowns (one) in 17 regular-season games (no starts). The 25-year-old also contributed on as a key return man on special teams. He'll be bumped further down the receiving depth chart in 2025 after the addition of DeAndre Hopkins, but Wallace wasn't realistically going to be on the fantasy radar anyway. Wallace was taken in the fourth round (131st overall) in 2021 out of Oklahoma State. He had just seven catches on 15 targets for 67 yards and no touchdowns in his first three years in the league.

Veteran wide receiver Adam Thielen will officially return for a 12th NFL season in 2025 after agreeing to a a revised contract with the Carolina Panthers, sources tell ESPN's Jeremy Fowler. Thielen will now look to add to his 8,311 yards and 64 touchdowns in his career. The 34-year-old veteran wideout briefly contemplated retirement after the 2024 season but isn't quite ready to hang up his cleats after catching 48 passes for 615 yards and five touchdowns in a career-low 10 starts last year. A hamstring injury cost him seven games, but he still managed to lead the team in receiving yards and touchdowns. Thielen had a strong 103-1,014-4 line in 17 starts in 2023 in his first year in Carolina and has developed a strong chemistry with young quarterback Bryce Young. He's definitely an injury risk in fantasy, but when healthy, he should have a decent target floor as a WR4/flex in weekly fantasy lineups.

Following a visit with the Cleveland Browns on Thursday, free-agent quarterback Russell Wilson will visit with the New York Giants on Friday, a source told The Cleveland Plain Dealer's May Kay Cabot. Wilson is making the rounds but is essentially waiting for free-agent QB Aaron Rodgers to make his decision. Rodgers is deciding between the Pittsburgh Steelers and Giants, although the Minnesota Vikings could also jump into the fray. The 36-year-old veteran is still in the mix to re-sign with the Steelers after Justin Fields agreed to a two-year deal with the New York Jets, but a reunion will only be on the table if Rodgers doesn't choose Pittsburgh. If Rodgers doesn't land in Pittsburgh, a return to the Steel City would make the most sense for Wilson, especially after they acquired Pro Bowl receiver DK Metcalf last weekend. Wilson could pair nicely with receiver Malik Nabers in New York, but he wouldn't be much more than a midrange QB2, at best, in fantasy.