2025 NFL Free Agency Recap - Fantasy Football Rankings Changes

Mar 7th 2025Hayden Winks

We are drafting on Underdog Fantasy for the 2025 NFL season right now. Literally right now. For real money prizes. Our biggest offering is a $10 entry tournament with $2 MILLION in prizes. It includes the incoming rookies and all of the pending free agents, so as we find homes for them all, we should probably tinker with our fantasy football rankings.

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2025 Fantasy Football Rankings Post Free Agency

Daniel Jones: The Vikings backed out of their offer to Jones, who likely wanted to maximize his odds of starting games anyways. This will be an open competition with Anthony Richardson by all accounts. His $14M one-year deal is closest to the Gardnew Minshew and Sam Darnold contracts of last year, so this is legitimate pressure on Richardson after getting benched last year. Preparation and naivety were the main reasons for his benching, so Richardson has to show his teammates and this staff that he's ready to play NFL quarterback. He certainly has every incentive to and reportedly turned things around post-benching. Jones is a high quality backup who makes S Tier brain numbing turnovers but otherwise has some low-end starter traits. Compared to Joe Flacco, Jones will operate the same playbook as Richardson in the event the youngster leaves with an injury again, and there's at least some chance that he turns into a low-end starter in a better environment like we've seen with Sam Darnold, Geno Smith, and Baker Mayfield. I find that unlikely, but these are all good reasons to pay DJ half the money the Jets paid Justin Fields this offseason. I'll set Richardson's games started projection at 13.5.

Najee Harris: Jim Harbaugh falls in love. Hard. And that's what's happened here. He initially recruited Najee back in 2016, and a decade later signs him on the very first day he's eligible to. "Up to" $9.5M is starting level money, and the Chargers have a ton of other needs to make another high investment in the draft. They're more likely to add a fourth quality starter on the offensive line, in fact. Harris isn't super flashy, but he is coming off his best per-touch season, showing off a little more wiggle and burst than he had at a heavier weight. The Chargers will ask him to run more gap-schemed carries, which could play to his size a bit better than in his zone-based past. Ultimately, the Chargers were 12th in RB carries and 7th in RB rushing touchdowns last year. A large majority goes to Najee. He's my RB21 now.

Laremy Tunsil: Sometimes it's not about the player evaluation for the upcoming year. Sometimes, instead, it's the upcoming contract(s), the trade compensation, and the culture components that make this a worthwhile trade for both sides. The Commanders get a top-5 LT once the ball is snapped as they make another push in the NFC. The Texans take on the risk in finding that talent but at least have the equivalent of a top-50 overall pick in return plus $40+ million in cash savings plus alleviate the culture concerns of that offensive line. CJ Stroud and co will be worse because of this in 2025. They will likely make out just fine, if not better, in the years beyond. I expect them to be in "trade up" discussion during draft time.

Javonte Williams: He's young, had pedigree, and is a great dude by all accounts. There is a chance of a rebound, but last year was another rough one following his multi-ligament knee tear. He was 48th out of 50 qualifiers in yards after contact per carry. He simply can't be viewed as the lead running back, and his "up to" $3.5M contract agrees. Instead, Williams can eat innings in the Zeke Elliott pass-protection role as a distant No. 2 or better-yet No. 3 role. The Cowboys will find a starter later in the offseason. It's just curious why they went for Williams over home-grown Rico Dowdle, who was clearly better in 2023 and 2024. There's no need move either one in the fantasy rankings much.

Josh Palmer: The 25-year-old gets two years of guaranteed money to be a rotational member for Josh Allen's Bills. He won't have to play the slot like he did at times with the Chargers. Instead, he'll fill in for Amari Cooper as a vertical player capable of running a variety of routes on the perimeter. He's a do-everything role player without a standout trait. He has a thick build but does get targeted downfield despite a lack of top-end speed. He should be a decent option on scramble drills and as a blocker on those Khalil Shakir screens, but the Bills still are on the lock out for a receiver who can beat man coverage on a 3rd-and-8. Palmer won't be that. He's just someone we can stack in Rounds 16-18 of fantasy drafts with Josh Allen.

Dyami Brown: He was was vertical-based early-declare from North Carolina before going quiet for the first 3.5 years of his Commanders career. Kliff Kingsbury used him downfield some, but they did unlock his game as a screen player late in the season after some key injuries. His 4.45 speed stands out on tape, even if his hands are inconsistent and he's not a full route tree player. He will profile as a No. 3 or No. 4 receiver for the Jaguars while giving manufactured-touch king Liam Coen another chess piece to use. Ironically, the $10M saved by the Christian Kirk trade was immediately used by signing Brown. Seems like a suspect 1-for-1 move to me.

Sam Darnold: It wasn't what the Seahawks wanted to do heading into the offseason, but they've reset their offense with plenty of long-term cap space and short-term draft capital. By moving on from Geno Smith, the Seahawks got 8 years younger, about $10M cheaper per year, and added a 3rd-round pick. The two actually play similarly, specializing on the intermediate and deeper throws that new OC Klint Kubiak plans on bringing with this play-action offense. Geno Smith is a better pocket navigator, but credit to Darnold for ranking 6th in PFF grade under pressure as well. It was a massive personal stride he took in his 35-TD season. The Vikings had a brutal offensive line late in the year, and Darnold will have to overcome that in Seattle before they find quality interior players with these upcoming picks. He won't have the same stats as he did in 2025 due to talent, but this should be a worthwhile long-term play for the Seahawks with their 5 draft picks inside the top-92 overall. Darnold is only 28 years old.

Ashton Jeanty: His draft range is from 4th to about 17th overall, though I think we've seen more clarity that it's likely on the early side of that. The Raiders took them out of the QB discussion at 6th overall, and we know OC Chip Kelly wants to run the ball like crazy. He's a total fit there. Beyond that, the Bears completely overhauled their G-C-G combination via trades and free agency. It's not just an overhaul either. It's an above-average OL if LT Braxton Jones can get back healthy. They are running out of obvious needs, so it's harder to see Jeanty falling beyond the Bears. And what a landing spot that would be for him. I'd take him over De'Von Achane and Christian McCaffrey if that's where he lands.

Jaylen Warren: Najee Harris is saying goodbye to his teammates per Josina Anderson, and Warren is back as a restricted free agent. The Steelers would be reaching on Omarian Hampton at 21st overall, especially with some of their other team needs, and they no longer have a 2nd-round pick with the DK Metcalf trade, so it's shaping up to be Warren plus a 3rd- to 5th-round rookie RB as the headliners in the backfield.

Chris Godwin: Credit to the Buccaneers front office and culture for retaining key free agents year over year. Godwin reportedly took less money to stay home, as did OG Ben Bredeson. Their entire offense returns, just with a new OC. Godwin was a good player last year but it was also shocking to see just how many yards were created by elite play calling. Yes, elite. Godwin has injury risk with a dislocated ankle and with a new play caller, but he flirted with WR1/2 numbers before his injury. The emergence of Jalen McMillan could also eat into his ceiling/floor combination. It wasn't a given that Godwin was returning, so Mike Evans and McMillan adjustments are warranted in the rankings.

Aaron Rodgers: The first games coming off his torn achilles were a struggle, but I watched his final 3 games and came away fairly impressive. There's a fringe top-12 QB in there still if he's engaged. I think he will be in Pittsburgh based on the coaching staff and WR duo. Rodgers' arm is still live in terms of arm strength, though the accuracy under pressure and on the move has dipped. He's still wizard smart and is functionally athletic enough to work the under center play action game that OC Arthur Smith masters in. The OL is a mystery, as they move struggling RT Broderick Jones to LT and put inexperienced 2024 first-rounder over to RT, but the interior OL is in good shape and there is untapped talent at both tackle spots if things break their way. DK Metcalf and George Pickens should immediately bounce back up rankings, as avoiding Justin Fields or a rookie QB was the main risks in their profiles. Metcalf should go well ahead of Pickens, who remains a sneaky trade candidate. Ultimately, the Steelers are a playoff team and should be taken serious. Rodgers' film wasn't as bad as many make it out to be.

Elijah Mitchell: He missed all of 2024 with a hamstring injury, so he was forced into taking a 1-year "up to" contract with the Chiefs. It's a great spot to take that deal because this RB room will be completely altered after struggling mightily last year. Kareem Hunt can't be serious. Isiah Pacheco flopped as a lead back and comes with injury risk as well. There are too many other premium position needs to take an early RB in the draft, so this is likely headed towards a low-investment committee with Pacheco (physicality), Mitchell (speed), and a player to be named later in the pass-catching role. That's not ideal for fantasy football, but Mitchell could've limped out of the league. He's at least Round 17-18 draftable now.

DK Metcalf: He's the latest 27-year-old to get moved before signing a massive contract, and it seems like this was not the Seahawks' original idea. Metcalf rightfully asked for a major pay raise in the final year of his deal and there was enough interest to drum up a worthwhile 2nd-round return for the Seahawks. Contractually, 5-for-$150 sounds insane, but the salary cap 5 years from now will be significantly higher than it is today and it could end up being quite the value long term, if he can stay healthy. We also don't know the guarantees, which will likely be 2-3 years only. Football wise, Metcalf is a redundant profile to George Pickens. Exactly 50% of his receiving yards came on passes with 20+ air yards last year, many of which came near the sideline. In most offenses, that's a serious problem, but this is OC Arthur Smith. Under center, play action deep shot. But now with two guys that can do it. For fantasy, it's an L for Metcalf. The QB situation will end up being a downgrade from Geno Smith and the low-volume infrastructure in Pittsburgh is less than ideal with a talent like Pickens capable of matching targets. Both move into the WR4 boom-bust bucket pending QB news. I expect it to be Sam Darnold or Aaron Rodgers.

Davante Adams: He's 32 years old, but he clearly has juice left and his game will age gracefully because of his wit, ball tracking, and release package. Adams wally pipped Garrett Wilson with the Jets by beating man coverage at a high clip and by winning more than normal out of the slot. His versatility makes him a great match for Sean McVay. For perspective, he was the WR14 in yards per route run from Week 10 on last year in an offense we expect to be worse than the 2025 Rams. For me, Adams is a WR2 with upside who belongs in Round 3 just after Tee Higgins and before Devonta Smith. Puka Nacua, sadly, deserves to be knocked down a bit because he was penciled in to compete for the target crown before this signing. This could be more of a 1a/1b situation now, with in-prime Nacua getting the nod. He's now my WR8 and 12th overall player. Don't expect many targets to funnel down to $10M TuTu Atwell, sophomore Jordan Whittington, Kyren Williams, or the TEs now.

Geno Smith: The 35-year-old sits just outside the top-12 QBs in the NFL, but his lack of guarantees forced negotiations on a long-term contract this offseason. The Seahawks didn't want to match Geno's (rightful) ask of at least the 3-year, $100M Baker Mayfield contract. Keep in mind that the cap has gone up since that deal. Geno will get just that with the Raiders, who were in QB purgatory after finishing outside of the Cam Ward zone at 6th overall. He'll likely be a 2-year starter with Pete Carrol and Chip Kelly as they rebuild this bare bones roster, and to me, he's a major upgrade on the position compared to almost every alternative. Brock Bowers--and potentially Tet McMillan or Ashton Jeanty at 6th overall--is the major winner in fantasy football rankings. He moved from 18th overall to 10th overall in my rankings because he's now dodging a rookie QB or a low-level starter in 2025. It's too early to tell what this trade means for Jaxson Smith-Njigba and DK Metcalf, but I'm sensing that we'll get Sam Darnold to Seattle in a matter of days. That's a riskier more than sticking with Geno, but I view them as in the same tier based on their 2024 play.

Christian Kirk: He's a versatile player but his best role is primarily as a slot receiver who can run crossing and out routes in the intermediate part of the field. Kirk will do just that attached to CJ Stroud, who is also at his best in this range thanks to his anticipation and accuracy. It's a great scheme fit, and the Texans are now less likely to find a No. 2 receiver with this real investment into Kirk. He's capable of still lining up in 2-WR sets, so Kirk is back to near full-time reps with an above-average passing QB. Welcome to the PPR Flex range.

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