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The San Francisco 49ers are releasing defensive end Leonard Floyd, according to ESPN's Adam Schefter. The former No. 9 overall pick in the 2016 NFL Draft out of Georgia by the Chicago Bears appeared in 17 games for the Niners last season and totaled 42 tackles, 8.5 sacks, one forced fumble, and 7.5 run stuffs. The 32-year-old has registered at least 8.5 sacks in each of the last five seasons with San Francisco, the Los Angeles Rams, and the Buffalo Bills. Edge rusher depth and production is valuable and sought after in the NFL, so expect the veteran to draw interest on the open free-agent market.

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The Arizona Cardinals are re-signing wide receiver Zay Jones to a one-year, $4.4 million deal, according to NFL insider Jordan Schultz. The 29-year-old signed with Arizona last May but was suspended for the team's first five games for violating the NFL's personal conduct policy. Overall, he played in 11 contests and totaled eight receptions for 84 yards. In addition to the Cardinals, Jones has spent time with the Buffalo Bills, Las Vegas Raiders, and Jacksonville Jaguars during his eight-year NFL career. He has posted more than 600 receiving yards just once in his career, so it would be a surprise if he's on the fantasy football radar in 2025.

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Dynasty | The Colts have signed free agent quarterback Daniel Jones. Dynasty Analysis: It's a one-year deal worth $14 million. Jones will go into the season competing with Anthony Richardson to be the starter for the Colts, a competition Indianapolis has to be desperately hoping he loses. However, this is a very lucrative deal for a simple backup, so even they know that's no given. Jones is back on the radar a bit in dynasty leagues now as it looks like the Colts may be accepting the fact Richardson just may not be the player they thought they drafted.

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Dynasty | The Panthers have released running back Miles Sanders. Dynasty Analysis: The fact Sanders has been released with Jonathon Brooks our for the foreseeable future is pretty telling. He ended up being a bust of a signing as he posted just over 600 rushing yards and three touchdowns in 27 games over two years with the Panthers. Chuba Hubbard took his job and simply performed better. Now 27, Sanders is going to have to settle for backup job somewhere, but his game tape over the past two seasons isn't very impressive. He may actually find it difficult to land a roster spot. At this point, he's waiver wire material in dynasty leagues.

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Dynasty | Colts quarterback Anthony Richardson will not request a trade following the signing of Daniel Jones. Dynasty Analysis: The signing of Jones (and the amount of the contract he got) is clearly going to create an open competition at quarterback for the Colts. Richardson needs to get better in a hurry and is reportedly spending the off-season working on his mechanics. The Colts are growing impatient here and now have a bona fide backup plan should he fail. Richardson is apparently embracing the news and wants to rise to the challenge. His ADP is going to fall with Jones in tow and this would be the time to buy low in a dynasty league should you still believe he's going to be a franchise quarterback.

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Former Los Angeles Chargers standout cornerback Kristian Fulton agreed to terms with the Kansas City Chiefs on Tuesday on a two-year, $20 million deal with $15 million guaranteed, sources tell NFL Network's Ian Rapoport. Fulton has the chance to make as much as $20.5 million through incentives. In his lone season with the Chargers, the 26-year-old defensive back had a career-best 51 tackles (39 solo), one interception and seven pass breakups in 15 regular-season games (14 starts). He will stay in the AFC West and join a Chiefs secondary that was already one of the best in the NFL in 2024 under defensive coordinator Steve Spagnuolo. Fulton was a second-round pick (61st overall) by the Tennessee Titans in 2020 out of LSU and spent the first four years of his career with the Titans before joining L.A. last year. He has 201 career tackles (155 solo), one sack and five interceptions in 57 games (51 starts).

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The Carolina Panthers announced on Tuesday that they have released running back Miles Sanders. This move does not come as a surprise as Sanders' tenure in Carolina was marred by injuries and poor performance. The 27-year-old lost the starting job to Chuba Hubbard in 2023 and averaged only 3.5 yards per carry on 184 rushing attempts for 637 yards and three touchdowns in 27 games (seven starts) in his two seasons with the Panthers, adding 51 receptions (71 targets) for 302 yards and a TD through the air. It was a no-brainer move for Carolina, even though second-year RB Jonathon Brooks (knee) tore his ACL again in 2024 and may miss all of the 2025 season. Sanders played in only 11 games (two starts) last year due to injury and had 205 rushing yards and two touchdowns on just 55 carries. He's still young but will probably only land in a change-of-pace role on the open market.

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Green Bay Packers free-agent running back AJ Dillon (neck) has been fully cleared by multiple doctors and is ready to return to the field in 2025, sources tell FOX Sports' Jordan Schultz. Dillon didn't play at all in 2024 due to a stinger, but he's still only 26 years old and has 2,428 career rushing yards and 18 total touchdowns in his four seasons with the Packers. He proved that he's not really a lead back when he got the opportunity in Green Bay, but Dillon should still attract plenty of interest on the open market as a big, physical runner if he's indeed past his neck injury. Because he'll likely be sharing plenty of backfield touches wherever he lands in free agency, his fantasy value will remain limited. In his last season in 2023, Dillon had a career-low 3.4 yards per carry on 178 rushing attempts for 613 yards and two rushing touchdowns in 15 games (six starts).

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The Minnesota Vikings are closing in on a deal with two-time Pro Bowl defensive tackle Javon Hargrave and plan to sign him after his release from the San Francisco 49ers becomes official at the start of the new league year on Wednesday, sources tell NFL Network's Tom Pelissero. After signing former Washington Commanders defensive tackle Jonathan Allen to a three-year deal on Tuesday, it appears the Vikings aren't done adding to a defensive line that was lacking in the pass-rush department a year ago. Hargrave, 32, only played in two games for the 49ers last season due to a triceps injury that he suffered in Week 3, but he had 25.5 sacks from 2021-23 and will add some serious pass-rushing ability for Minnesota if he's fully healthy in 2025 alongside Allen. The Vikings' pass-rushing unit last year was the eighth-worst in the league.

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The Indianapolis Colts are preparing for an open quarterback competition between Anthony Richardson, who is healthy and has no plans to seek a trade, and Daniel Jones, agent Deiric Jackson told NFL Network's Tom Pelissero. "AR will be ready to roll," Jackson said. The plan all along was for the Colts to bring another QB in to compete with Richardson, who missed time with another injury in 2024 and was also benched in favor of veteran Joe Flacco. Jones will be that guy after inking a one-year, $14 million deal with Indy after he was cut by the New York Giants a season ago. The 27-year-old latched on with the Minnesota Vikings late in the year but never played. As long as Richardson stays healthy, it would be an upset if Jones won the job over him, but Richardson definitely needs to show improvement as a passer to take the next step. If Richardson wins the job, he'll have QB1 upside because of his rushing prowess.

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Former Detroit Lions third-rounder Ifeatu Melifonwu reached an agreement on Tuesday on a one-year, $4 million deal with the Miami Dolphins, according to ESPN's Adam Schefter. The 25-year-old cornerback will head to the AFC West after spending the first four seasons of his NFL career in Detroit, where he compiled a total of 72 tackles (53 solo), 4.5 sacks, six tackles for loss, seven QB hits, two interceptions, 13 pass breakups, a forced fumble and two fumble recoveries in 37 games (14 starts) for the Lions. The secondary was a position of need for Miami with Jevon Holland signing with the Giants in free agency and Jordan Poyer also unlikely to return. Melifonwu should have a starting role in 2025 with the Dolphins. He didn't make his 2024 debut until Week 16 because of an ankle injury and then injured his hamstring in the Divisional Round loss to the Washington Commanders.

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The New York Giants have had good conversations with soon-to-be free-agent quarterback Aaron Rodgers and have let him know they think he and second-year wide receiver Malik Nabers would form a strong chemistry together, according to NFL Network's Mike Garafolo. The Giants have been mentioned as a possible landing spot for Rodgers ever since the New York Jets informed him they'd be moving on in 2025, but the future Hall of Famer is also very interested in the Pittsburgh Steelers if they do not re-sign Russell Wilson -- Justin Fields agreed to a two-year deal with the Jets on Monday. The Minnesota Vikings could be another option for Rodgers after both Sam Darnold and Daniel Jones left in free agency. Nabers is already one of the best young wideouts in the game, but will that be enough to sell Rodgers, who tore his ACL in 2023 and disappointed last year with the Jets?

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The San Francisco 49ers placed a second-round tender on restricted free-agent running back Jordan Mason on Tuesday, a source told ESPN's Adam Schefter. The second-round tender is worth over $5 million, so it means that Mason will most likely return to the Niners in 2025 as the backup to Christian McCaffrey (knee). However, with Isaac Guerendo and Patrick Taylor Jr. also in the fold, it wouldn't be surprising to see the 25-year-old traded this offseason. Mason missed the last five weeks of the 2024 season with a high-ankle sprain, but before that, he was a waiver-wire darling in fantasy football after taking over for the injured McCaffrey as San Fran's lead back. He had a career year with 153 carries, 789 rushing yards and three touchdowns while adding 11 catches for 91 yards through the air. If Mason isn't traded, he'll be a popular handcuff option for those that take the risk with CMC as an RB1.

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Free-agent quarterback Daniel Jones is planning to sign with the Indianapolis Colts on a one-year, $14 million deal, according to NFL insider Tom Pelissero. The longtime New York Giant spent the last half of the 2024 season with the Minnesota Vikings, but Jones is ultimately choosing to go to Indianapolis where he will likely have a chance to compete with Anthony Richardson for the QB1 job. Since being selected with the No. 6 overall pick in the 2019 NFL Draft, Jones has totaled 14,582 passing yards, 70 passing touchdowns, 47 interceptions, 2,179 rushing yards, and 15 rushing touchdowns. His supporting cast in New York was seemingly always among the worst in the NFL, and a fresh start could revive the Duke product's career.

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The Philadelphia Eagles are trading veteran defensive back C. J. Gardner-Johnson and a sixth-round pick for Houston Texans offensive guard Kenyon Green and a fifth-round pick, according to NFL insider Ari Meirov. Houston reached a deal to trade Pro Bowl left tackle Laremy Tunsil to the Washington Commanders on Monday and is now sending a second starting offensive lineman out of town. Philadelphia is not expected to reach a deal with last year's starting right guard, Mekhi Becton, so Green could fill that role in 2025. Meanwhile, Gardner-Johnson, who played in 16 games for the Super Bowl Champion Philadelphia Eagles last season, will join a strong Houston secondary led by Derek Stingley Jr.

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The Minnesota Vikings and Indianapolis Colts are waiting on free-agent quarterback Daniel Jones to choose between the two organizations, according to Stephen Holder of ESPN. Both teams have been rumored to have interest in signing Jones this offseason. Jones joined the Vikings last November after being released by the New York Giants midway through the 2024 campaign but did not appear in a game for Minnesota. Jones, a former first-round pick by the G-Men out of Duke, has thrown for 14,582 yards, 70 touchdowns, and 47 interceptions in 70 career games. He's added 2,179 yards and 15 touchdowns on the ground. However, he's compiled a 22-44-1 record and has been viewed as a bust for much of his career. That said, he could have fantasy football value if he lands in Minnesota and gets a starting opportunity given the strong supporting cast of weapons in Kevin O'Connell's offense.

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Former Washington Commanders defensive tackle Jonathan Allen has agreed to a three-year, $60 million contract with the Minnesota Vikings, according to NFL insider Tom Pelissero. The organization recently released the 2017 first-round pick after the team failed to find a trade partner. Allen is a two-time Pro Bowler and has racked up 401 total tackles (241 solo), 42 sacks, and 41 run stuffs in 109 career games. The 30-year-old was limited to just eight games last season due to a torn pectoral. His production has slipped in recent seasons, but the Vikings clearly believe he has plenty of gas left in the tank. Allen is one of many significant free-agent adds the Vikings have made through the first two days of the legal tampering period.

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The New York Giants are signing former Miami Dolphins safety Jevon Holland to a three-year, $45.3 million deal, according to ESPN's Adam Schefter. The 2021 second-round pick out of Oregon has played his entire four-year NFL career with Miami and has collected 301 tackles (219 solo), five interceptions, 25 pass deflections, five sacks, and five forced fumbles in 60 career games. His new deal makes him one of the top-10 highest-paid safeties in the league and puts him just one spot behind Atlanta's Jessie Bates III in average salary.

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Dynasty | The Giants have re-signed wide receiver Darius Slayton. Dynasty Analysis: Slayton gets three years and $36 million, which is a pretty healthy deal for a player who has been so up and down throughout his career. Still, Slayton is a very effective WR2 across form Malik Nabers and should be good enough to keep the offense relevant for whomever decides they want to be the next quarterback there. The six-year veteran has posted 259 catches for 3,897 yards and 21 total touchdowns over his time with the G-Men. He's more of a roster clogger than anything else in dynasty leagues, though you could do worse with your last spot or two.

Dynasty | The Dallas Cowboys have signed running back Javonte Williams. Dynasty Analysis: Williams gets a one-year deal worth $3 million. In other words, he got backup money. This is significant as Dallas is still looking for a franchise running back. They could bring back Rico Dowdle, sign someone like Najee Harris, or look at options in the NFL Draft like Ashton Jeanty or Omarion Hampton. Regardless, this is hardly the last move they make to shore up the position and the money spent here makes Williams look like a player who is destined to lose a lot of value this off-season.