San Francisco 49ers DVOA, Stats, & NFL Rankings

The New York Giants are waiving wide receiver Isaiah Hodgins, who has accumulated 54 receptions for 581 yards and seven touchdowns during his time in New York. Drafted out of Oregon State by the Buffalo Bills in the sixth round of the 2020 draft, Hodgins was claimed by the Giants two seasons ago and made an immediate impact, recording 33 receptions for 351 yards and four touchdowns. Although he remained productive last season, his role diminished with the addition of younger talent, resulting in just nine starts and 33 targets. While Hodgins shows promise as a possession receiver, his lack of contributions on special teams has likely influenced the decision to waive him. At 25, he should attract interest from teams seeking depth at wide receiver.

San Francisco 49ers rookie first-round wide receiver Ricky Pearsall (shoulder) returned to the practice field on Monday, but he was wearing a blue non-contact jersey. The rookie first-round pick out of Florida has been out of action for a few weeks, causing him to miss valuable reps in the absence of Brandon Aiyuk (holdout). Pearsall's role is already tough to analyze in Year 1 with the Niners, but his injury could take him even longer to get acclimated to his new offense. If Aiyuk re-signs with the 49ers, it would be a surprise if Pearsall is on the fantasy radar in 2024. If Aiyuk is traded or does not play early in the season, Pearsall could have deep-league flex value, but veteran Jauan Jennings (oblique) could play ahead of him. Ultimately, Pearsall is an intriguing dynasty stash, but his projected redraft value is likely to be limited.

San Francisco 49ers running back Christian McCaffrey (calf) was on the practice field on Monday doing side work as he continues to recover from a calf injury. Last week, head coach Kyle Shanahan said he is not concerned with CMC missing all of training camp, and his return to the field in some capacity is great news for his Week 1 availability against the New York Jets. Last season's NFL Offensive Player of the Year was dominant in fantasy football in Year 2 with the Niners, racking up just under 1,800 yards from scrimmage and 21 total touchdowns. The 28-year-old is still in the conversation to be the No. 1 overall pick in all redraft formats, and he's a must-start option all season - regardless of matchup.

The Baltimore Ravens are releasing wide receiver Russell Gage, according to NFL insider Ian Rapoport. Gage missed all of last season with a torn patellar tendon that he suffered in training camp with the Tampa Bay Buccaneers, and he is now being let go by Baltimore after signing with the team earlier this month. Since being selected in the sixth round of the 2018 NFL Draft out of LSU, Gage has racked up 244 receptions for 2,491 yards and 14 touchdowns. He had big moments with the Atlanta Falcons and Buccaneers earlier in his career, but his major injury from last year could be affecting him in 2024. Either way, there's a chance another organization will give the veteran a shot as teams cut down to 53 players by Tuesday at 4 p.m. Eastern.

San Francisco 49ers wide receiver Ricky Pearsall (shoulder) is set to return to practice on Monday, according to head coach Kyle Shanahan. This is great news considering Pearsall has been sidelined throughout the preseason due to a lingering shoulder issue. However, there is still plenty of time for Pearsall to get ready to play before the season opener. The saga of Brandon Aiyuk is still ongoing, which makes Pearsall's value difficult to determine. He's unlikely to have great fantasy value right away, but is worth a look in deep leagues. Pearsall has a bright future, so he's worth the investment in dynasty formats or keeper leagues.