Fantasy Football Impact: Giants Sign Isaiah Likely

Let’s dive into the fantasy football impact of the Giants signing free agent tight end Isaiah Likely.

Fantasy Football Impact | Giants Sign Isaiah Likely

TE Isaiah Likely is signing a three-year deal with the Giants, according to NFL insider Jordan Schultz. It’s reportedly a $40 million deal that could be worth up to $47.5 million.

Likely had some big games for the Ravens, but the presence of veteran TE Mark Andrews kept Likely from having a sustained fantasy impact.

Likely’s best season in Baltimore came in 2024, when he had 42 catches for 477 yards and six touchdowns. He had a memorable performance against the Chiefs in the NFL’s 2024 Thursday-night season opener, with nine catches for 111 yards and a touchdown. Likely nearly had a second TD catch in that game at the end of regulation, but his toe came down out of bounds in the end zone, as the Ravens lost 27-20.

Likely has never drawn more than 60 targets in a single season, but he’s likely to surpass that target total with the Giants in 2026 if he can stay healthy.

TE Theo Johnson, a fourth-round pick in 2024, started 15 games for the Giants last season and had 45 catches for 528 yards and five touchdowns. Although Johnson’s 2025 reception and yardage totals exceed Likely’s single-season bests, Likely will probably be the more valuable fantasy asset in 2026. Likely was impeded by Andrews during his time in Baltimore, and the Giants needed Johnson to play a larger role in the passing game after WR Malik Nabers sustained a season-ending knee injury in Week 4.

Nabers figures to be a target hog for the Giants in 2026, but with few other accomplished pass catchers on the roster, Likely is positioned to be a key target for second-year QB Jaxson Dart.

Fantasy Football Rankings Updates for Isaiah Likely Signing

I’m conservatively ranking Likely TE18 in redraft leagues, just behind Hunter Henry. Likely will be an intriguing later-round flyer in larger leagues where it makes sense to draft a second tight end.
In dynasty, I’m ranking Likely TE15 going into his age-26 season.
I had Theo Johnson ranked RB24 before the Likely signing but am dropping him to TE35. He’s probably going to be unrosterable in redraft leagues.