San Francisco 49ers

San Francisco 49ers wide receiver Jauan Jennings agreed to a two-year deal worth up to $15.4 million that includes $10.5 million guaranteed on Wednesday, according to ESPN's Adam Schefter. Jennings was a restricted free agent, but he'll remain with the organization ahead of the 2024 campaign. Jennings, who has been stuck in a crowded offense with Christian McCaffrey, Brandon Aiyuk, Deebo Samuel, and George Kittle, has put up just under 1,000 yards in his first three NFL seasons. However, he's viewed as one of the best blocking wide receivers in the NFL and was likely to be named Super Bowl LVIII MVP had the 49ers won following his two-touchdown game against the Kansas City Chiefs. The former Tennessee Volunteer is unlikely to be a weekly producer in fantasy football, though he'll have a better chance if one of Samuel or Aiyuk are traded. Jennings is likely to lose snaps to first-round rookie Ricky Pearsall if Samuel and Aiyuk stick around in 2024.

According to ESPN's Jeremy Fowler, San Francisco 49ers wide receiver Brandon Aiyuk is reportedly looking for a new contract similar to what Amon-Ra St. Brown got from the Lions. The wideout is slotted to make just over $14 million on his fifth-year option. However, if Aiyuk gets his wish, he could double that amount. Of course, St. Brown has been more productive, so it will be tough to justify making Aiyuk one of the highest-paid receivers in the National Football League. But the 26-year-old is coming off the best season of his career, amassing 1,342 yards and seven touchdowns off 75 catches, meaning someone would be more than happy to pay him if the 49ers decide to move on from this situation.

San Francisco 49ers running back Christian McCaffrey has been absent for voluntary organized team activities this week, but head coach Kyle Shanahan said he wasn't worried bout McCaffrey given how hard he trains in the offseason. "It's like everyone else," Shanahan said. "It is voluntary, and I'm not too concerned about Christian." The 2023 NFL rushing champion was present for last year's sessions, but apparently he's taking more time to train on his own in his second offseason with the team. Fantasy managers considering taking CMC with the No. 1 overall pick in fantasy drafts this fall shouldn't be concerned at all after the do-it-all back had 272 carries for 1,459 rushing yards and 14 touchdowns while catching 67 passes for 564 yards and another seven scores in 16 regular-season starts in his first full season with the Niners.

San Francisco 49ers wide receivers Brandon Aiyuk and Jauan Jennings have not yet reported for the team's offseason program. Aiyuk is seeking a long-term extension that will make him one of the highest-paid receivers in the league, while Jennings has yet to sign his one-year, restricted free-agent tender and is also interested in a long-term deal. Their absences this week have made receiver Deebo Samuel quarterback Brock Purdy's favorite target. Jennings will most likely show up for mandatory minicamp next month, but the 26-year-old Aiyuk could be a candidate for a holdout if the two sides can't make progress in contract talks by then. If he plays out his fifth-year option in 2024, he'll make $14.12 million. Aiyuk has now had back-to-back 1,000-yard receiving seasons and put up a career-high 1,342 yards and seven scores in 16 regular-season starts in 2023.

San Francisco 49ers wide receiver Ricky Pearsall has generated significant optimism throughout the beginning of OTAs. According to David Lombardi of The Athletic, Pearsall "looked good, caught several passes, and generated some real separation" during 7-on-7 work Tuesday. A first-round pick out of the University of Florida, Pearsall primarily caught passes from No. 1 quarterback Brock Purdy on Tuesday, suggesting the rookie could at least have some sort of role on offense in 2024. Fantasy managers can take a flier on him in dynasty leagues, but he's just too hard to trust in redraft formats at the moment.