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Gunner Olszewski WR | NYG
Steelers' Gunner Olszewski: Joining Steelers
Olszewski has agreed to a two-year, $4.2 million deal with the Steelers, Ian Rapoport of NFL Network reports.
Over his three seasons with the Patriots, Olszewski recorded just nine receptions, but perhaps the 25-year-old will be more involved as a receiver with the Steelers in 2022. In any case, the 6-foot, 190-pounder should continue to make his mark as a quality punt/kick returner.
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JuJu Smith-Schuster WR | NYG
Chiefs' JuJu Smith-Schuster: Signs with Kansas City
Smith-Schuster has agreed to a one-year deal with the Chiefs, Field Yates of ESPN reports.
Per Mike Garafolo of NFL Network, the deal could earn Smith-Schuster up to $10.75 million this coming season. Injuries limited the 25-year-old to five games with the Steelers during the 2021 campaign, during which he logged a 15/129/0 stat line. Smith-Schuster was able to return to action in time for Pittsburgh's playoff loss to Kansas City, so he's presumably past the shoulder issue that had landed him on IR. In his new team context, Smith-Schuster will provide a quality complementary option alongside the Chiefs' top playmakers, Tyreek Hill and Travis Kelce, with his fantasy ceiling boosted by the prospect of catching passes from star signal-caller Patrick Mahomes.
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Marquez Callaway WR | LV
Saints' Marquez Callaway: Recovering from thumb surgery
Callaway had offseason surgery on his thumb, Nader Mirfiq of Rare Media Live reports.
Callaway has plenty of time to recover before training camp, at which point he'll likely be in the mix for the Saints' second or third wideout spot. Michael Thomas is expected to come back as the far-and-away No. 1, with Callaway and Deonte Harris the current favorites to earn key roles behind Thomas among the team's holdovers from 2021. While he fell far short of the summer hype, Callaway did finish last season with a respectable 46-698-6 receiving line on 84 targets, making him the leading receiver for one of the league's worst passing attacks.
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DJ Moore WR | BUF
Panthers' DJ Moore: Inks three-year extension
Moore is signing a three-year extension with the Panthers, Ian Rapoport of NFL Network reports.
Previously scheduled to play out 2022 on a fifth-year option, Moore is now signed with the Panthers through 2025. He's finished between 1,157 and 1,193 receiving yards three straight seasons, with exactly four TDs each year, but his per-target efficiency took a nose-dive in 2021 (57.1 percent catch rate, 7.1 YPT) with the Panthers offense hitting a new low point. On the bright side, Moore's 163 targets last season were a career-high by 28, and he could break out in 2022 if similar volume is accompanied by better quarterback play. At the moment, however, it looks like the Panthers have missed out on all the top veteran QBs available, perhaps forcing them to settle for a mediocre veteran or a rookie in the upcoming NFL Draft. Regardless, Moore is the clear top option in the passing game, rivaled only (at times) by RB Christian McCaffrey.
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DeAndre Hopkins WR | BAL
Cardinals' DeAndre Hopkins: Restructures contract
Hopkins (knee) and the Cardinals agreed to a restructured contract earlier this week, AZ Sports 98.7 FM reports.
The restructure gives Arizona an additional $10.7 million in cap space, but WR Christian Kirk (Jaguars) and RB Chase Edmonds (Dolphins) both are headed to Florida nonetheless. The Cardinals did retain two key free agents on offense, TE Zach Ertz and RB James Conner, and they presumably expect WR Rondale Moore to have a bigger role in his second pro season. That still leaves Hopkins as an overwhelming favorite to lead the team in targets, assuming he has better luck staying on the field this year. To that end, he was expected to complete his rehab from MCL surgery at some point in February, potentially giving him enough time to gain full clearance for spring practices. Hopkins will turn 30 in June, right around the time the Cardinals meet for mandatory minicamp.
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Adam Thielen WR | PIT
Vikings' Adam Thielen: Agrees to restructure deal
Thielen (ankle) is slated to restructure his contract with the Vikings, Chad Graff of The Athletic reports.
Thielen's restructure is expected to lower his 2022 cap hit, possibly by converting a portion of his salary to a signing bonus. The veteran wideout is recovering from ankle surgery that he underwent in late December, but he is expected to be ready for spring workouts. By all accounts, Thielen is primed to play out his age-32 season in Minnesota as the No. 2 wideout alongside Justin Jefferson, and his restructured deal could make it easier for the team to maneuver in free agency.
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Robbie Chosen WR | WAS
Panthers' Robby Anderson: Restructures contract
Anderson agreed to restructure his contract with the Panthers on Friday, creating $5.9 million in cap space, Field Yates of ESPN reports.
To do so, Carolina converted $11.8 million of Anderson's salary into a signing bonus. Anderson, who is heading into his age-29 season and is approaching the final year of his deal with the Panthers, is currently staring down a developing quarterback situation. With just Sam Darnold and P.J. Walker currently holding down the fort in Carolina's quarterback room, it seems all but certain that the team will explore more options for the 2022 season.
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Ray-Ray McCloud WR | CHI
49ers' Ray-Ray McCloud: Lands with San Francisco
McCloud signed a two-year contract with the 49ers on Thursday, Jeremy Fowler of ESPN.com reports.
McCloud was a key contributor for the Steelers in 2021. He regularly served as the team's third receiver and managed to haul in a career-best 39 passes for 277 yards. His role as a pass catcher is likely to dwindle in San Francisco as he will slot in behind at least Deebo Samuel and Brandon Aiyuk on the depth chart while also battling for targets with tight end George Kittle. As a result, McCloud's primary value could come as a punt returner, as he led the NFL with 367 punt return yards in 2021.
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Byron Pringle WR | WAS
Bears' Byron Pringle: New home in Chicago
The Bears and Pringle agreed to a contract Thursday, Ian Rapoport of NFL Network reports.
As often happens following coach or general manager hirings, new GM Ryan Poles is bringing a player from his previous team to his new one. Pringle is on the heels of his best campaign by a long shot, as he reeled in 42 of 60 passes for 568 yards and five touchdowns in 17 games with the Chiefs last season. He'll slot in as the No. 2 wide receiver behind Darnell Mooney for the time being in Chicago.
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Davante Adams WR | LAR
Raiders' Davante Adams: Dealt to Vegas
The Packers traded Adams to the Raiders for two draft picks in the 2022 NFL Draft on Thursday, Adam Schefter of ESPN reports.
A week and a half removed from receiving the franchise tag from the Packers, Adams suddenly finds himself on the move. According to Ian Rapoport of NFL Network, Adams will sign a new contract with the Raiders for five years, $141.25 million as he reunites with Derek Carr, his college quarterback at Fresno State. Adams is coming off a six-year stretch in which he surpassed 1,000 yards receiving three times and hit double-digit touchdowns on five occasions. As for the Packers, they'll receive Las Vegas' 2022 first- and second-round picks as compensation, per Schefter.