The 16 RBs To Draft On Underdog Fantasy

May 6th 2024

Hayden Winks

My full rankings are here, updated on May 6th. The RBs in this column are organized by Underdog Fantasy ADP. You can draft today for a chance to win a piece of the $15M prize pool. Click the link below to sign-up with a bonus offering:

Breece Hall (ADP: 7.7)

The Jets were awful late last year, yet Hall posted 22.6, 2.3, 37.1, 23.1, and 26.0 fantasy points in his last five games as the clear bellcow. Nobody stands in his way this year, not even his own knee. Hall has the size and skillset to carry rare volume, and the Jets offense should be respectable, if not quite good. Aaron Rodgers gets on-paper upgrades at LT, LG, RG, RT, and swing tackle. If there's someone who competes with Christian McCaffrey for a "legendary" season, it's Hall.

Josh Jacobs (ADP: 30.9)

2023 was a disaster season after holding out through training camp. He scored 4.1 fewer TDs than his usage would expect, leading to -20% fantasy points over expected. That was (by far) his worst of his career. Jacobs was +15% over expected the year prior, so he's been very boom-bust as an individual player. Hence the uncertainty around his 2024 fantasy football ranking. The Packers' scoring environment is just so much better than the Raiders', especially after Jordan Love's late-year breakout. From Week 10 on, Aaron Jones was the RB4 in fantasy usage per game (17.1 expected half PPR points) while the Packers were 2nd in EPA per play. If Jacobs gets that level of work in that good of an offense, he doesn't even need to be more efficient than he was last year to be a fantasy RB1. And there's a chance his individual numbers (like broken tackles and yards after contact) also improve now that he's had a normal offseason and plays for a successful organization. The Packers' $14.8M in practical guarantees have made that exact bet. For more on how Jacobs fits in with the Packers' scheme, watch this. Hint: More gap runs as LaFleur copies McVay.

Derrick Henry (ADP: 32.6)

The annual top-3 RBs in half PPR points per game over the last 10 years have played on a team who finished over .500 on the season 80% of the time. 47% of these difference-making RBs played on teams above .667, too. The Ravens of course won .765 of their regular season games last year and have the 3rd-highest projected wins (11.5) in 2024. Henry's path to an elite season would come in the form of outlier touchdowns and insane rushing volume. Gus Edwards scored 13 times on 10.6 expected TDs as a part-timer without the big-play ability Henry has, and Henry's 1-year, $9M contract suggests he won't be in the even-split committee that "The Bus" dealt with alongside Keaton Mitchell (ACL-plus) and Justice Hill (1-year, $2M). As the clear workhorse on Titans' teams that won .353 and .412 of their games, Henry finished as the per-game 4th and 23rd overall player in his last two seasons. I'll take my chances that someone built like Henry can fight off the age-30 age cliff. His 2023 yards after contact per carry (3.3), elusiveness rating (64.7), and percentage of yards coming on big runs (33%) were right in line with his career averages... And if we're right on Henry balling out again, nothing will look cooler on TV than Henry in those Ravens uniforms.

Isiah Pacheco (ADP: 49.1)

Like I wrote in the Derrick Henry blurb, it's very helpful for your fantasy RBs to play on an elite offense. The Chiefs should return to their elite ways after making two notable additions at receiver, while losing a star cornerback on defense. Pacheco has also earned more trust throughout his career and faces less competition now (remember Jerick McKinnon?). From Week 12 through the Super Bowl, Pacheco averaged 17.6 half PPR points on 18.0 expected half PPR points, which both would've been good for RB3 overall if extrapolated the entire season. He's drafted as the RB14 right now.

David Montgomery (ADP: 73.9)

The Lions have the 5th- or 6th-highest projected win total heading into 2024, partially because their defense is improved. Montgomery feasted in positive game script last year, even when Jahymr Gibbs was balling out. D-Mont could be the clear 1b this year and still pay off this ADP, as they finished as the RB9 and RB11 in per-game scoring last season. The real value here is if something happens to Gibbs. Montgomery can handle 20+ touches per game, including the pass-game role. The Lions' new RB3 could be a converted safety in Sione Vaki, so Montgomery's trust factor could vault him into the top-10 conversation for weeks at a time.

Rhamondre Stevenson (ADP: 76.5)

The Patriots remain a disaster on offense, so much so that it's nearly impossible for Stevenson to become more than an upside RB2, but we've seen exactly that happen before. He was the 29th overall player in 2022, then dropped to 64th overall with Zeke last year. Those were two of the worst "offenses" I've ever seen, yet Stevenson would still be okay if he simply repeated those years at this ADP (albeit with better injury luck). New England has a higher floor with Jacoby Brissett and a higher ceiling with Drake Maye compared to the Mac Jones year, and the coaching staff can only get better. New OC Alex Van Pelt has been the Browns coordinator since 2020. Did they get their RBs involved then? I forget.

Raheem Mostert (ADP: 91.9)

The bust rates on 8th-9th round fantasy picks are already really high. Mostert could easily fall off during his age-32 season, but how many 8th-9th round fantasy picks provide the same upside? Basically none. He doesn't have to score 21 TDs or be the 5th overall player in best ball points to justify this ADP. It feels like the market has said "Mostert isn't going to reproduce his 2023 numbers, so I don't want to draft him at all." That's a faulty viewpoint. Mostert can be the 1b in this Dolphins offense and produce boom-bust RB2 numbers. Heck, even when De'Von Achane returned from injury (5 games), Mostert averaged 13.3 half PPR points, which would've been the RB19 last year. It doesn't hurt that the Dolphins gave Mostert another $1M in added guarantees this offseason as a nod to his elite 2023 season.

Jonathon Brooks (ADP: 95.0)

It might be a slow start because the Panthers stink and he's coming off a torn ACL, but Brooks has bellcow size, pedigree, and production. He was the only rookie RB I felt comfortable projecting as a 250+ touch player in the NFL and coach Dave Canales fed Rachaad White a bunch of work last year. If reports that he'll be cleared at the beginning of training camp are true, then Brooks will fly up boards. Even when the Panthers were absolute cheeks last year, Chuba Hubbard averaged 13.3 half PPR points in his last seven games.

Zack Moss (ADP: 96.3)

Nobody was better on shotgun runs last year, something the Bengals are going to major in once again. Moss earned a $4.5M guaranteed contract this offseason, essentially the same contract they had in line for Joe Mixon who has finished 21st and 35th overall in this Bengals offense. The OL looks better in Cincy this time around with 1st-round RT Amarius Mims, and Chase Brown is very unproven as a runner despite a maxed-out athletic chart. Almost all of Brown's production last year came as a screen merchant. Do we think that translates to running the ball? Color me skeptical. Moss in a land slide for me, but if you want darts on Brown because the Bengals have the 4th-highest win projections, then I understand.

Blake Corum (ADP: 129.7)

Kyren Williams was 2nd overall in fantasy points over replacement last year, and we compared Corum to Kyren before the draft because of his versatility and quick decision-making. Sean McVay and GM Les Snead immediately comparing Corum to Kyren in their post-draft press conference was our official buy signal. If Kyren misses time or is Wally Pipped, Corum can be a top-10 RB option for us. This is a no-brainer selection. In fact, I'm shocked he isn't going earlier.

Ezekiel Elliott (ADP: 130.4)

He received $2M in guarantees with another $1M incentives. That's enough for Zeke to be an active player and direct competitor to Rico Dowdle (6'0"/216), but it's not enough signal to assume he's the clear-cut starter on May 6th. Tony Pollard finished 66th overall as the Cowboys' clear starter last year when the offense became the 3rd-most pass-heavy. Whoever is the goal-line back is the one to draft. Dowdle averaged a 47% success rate and 4.0 yards per carry last season. Zeke, 45% and 3.5 while in a short-yardage only role with the Patriots. The uncertainty is unnerving, but we get to draft the Cowboys' RBs in the double-digit rounds. Roll the dice on either one of these backs. My preference is Zeke.

MarShawn Lloyd (ADP: 152.1)

AJ Dillon signed a very unique, rarely-used contract provision called the "four-year player qualifying contract" this offseason that essentially gives him just $167k guaranteed and a league-minimum cap hit. In other words, Dillon is only in Green Bay because he didn't get a decent offer from anyone else. There's a small chance he could get cut before Week 1... Lloyd is a boom-bust prospect capable of mixing in behind Jacobs when he needs a breather. He has light feet for a heavy back, with enough explosiveness to even be an occasional pass-catching option. We talked about his profile here:

Tyler Allgeier (ADP: 168.3)

New Falcons OC Zac Robinson comes from the Sean McVay tree, who loves to hammer one RB over and over and over again. That'll be Bijan Robinson... until it isn't. If B-Rob misses time, Allgeier has bellcow size and just enough skills to be used in a major role. His primary insurance competition is Bama backup and 6th-round rookie Jase McClellan. Allgeier has top-20 RB upside for weeks at a time. How is that dissimilar to strict backups Zach Charbonnet (ADP: 136th), Jaylen Wright (145th), Marshawn Lloyd (152nd), Ty Chandler (155th), Kendre Miller (159th), or Chuba Hubbard (159th)? I've at least seen Allgeier handle 15+ opportunities in 13 games in his young career.

Kimani Vidal (ADP: 168.5)

The competition for touches is Gus Edwards ($3.3M guaranteed) and JK Dobbins ($50k guaranteed), and we know there will be a ton of touches, many of them high value thanks to Justin Herbert. Vidal is only a 6th-round pick, but he at least has the size (5'8"/213), athleticism (4.46 forty, 59th percentile three cone), and production (133 total yards per game as a senior) of the classic deep sleeper. Vidal caught 18+ passes in all four college years, so there's an especially easy path to sneaking onto passing downs. That's all we need in Round 16 or so.

Tyrone Tracy Jr. (ADP: 196.8)

Devin Singletary signed a solid 2-year, $10.75M practically guaranteed contract to be the Giants lead back, but he isn't an untouchable talent and there's essentially nobody behind him. Tracy has a super boom-bust profile, given he just starting playing RB in 2023, but he showed a lot of athleticism and rushing instincts at Purdue. If he's just the passing-down back as a rookie, this price tag is fine. If something happens to Singletary, I like Tracy's odds of beating out Eric Gray, Deon Jackson, and Gary Brightwell for lead-back touches.

Will Shipley (ADP: 210.6)

His primary competition for insurance touches behind Saquon Barkley is Kenneth Gainwell, who was dead last out of 52 qualifiers in PFF grade last season. Shipley has mini Ekeler vibes as an undersized RB who specializes as a receiver but has experience in goal line situations: