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The Washington Football have signed TE Logan Thomas to a three-year extension on Tuesday. (Source: Mike Garafolo on Twitter)

Fantasy Impact: Thomas had a career year with Washington in 2020, hauling in 72 catches on 110 targets for 670 yards and six touchdowns across 16 games. He had 19% of the team’s target percentage last season, sixth among all tight ends. The 30-year-old remains in Washington for the next three seasons and expects to play a vital role in the passing game in 2021. Washington did bring in wide receivers Curtis Samuel, Adam Humphries, and third-round pick Dyami Brown in the offseason. Thomas may not see as heavy of a volume of targets as he did in 2020, but with an improved offense and better quarterback play (Ryan Fitzpatrick), the veteran TE should produce for fantasy managers in 2021. Thomas is borderline TE1 and currently 12th among all tight ends in the latest expert consensus draft rankings.

ESPN's Adam Schefter reports the Packers are close to an agreement that would bring Aaron Rodgers back to Green Bay for at least one more season. (Source: Adam Schefter on Twitter)

Fantasy Impact: Schefter adds that the deal isn't done but that it's close. Rodgers has been planning to skip training camp, but these new terms would bring him back. They reportedly don't involve more money, and they will instead help set up Rodgers' departure from Green Bay after this season. The 2023 season in his contract will be voided, with no tags allowed in the future. It's a huge development for fantasy managers as this news wildly affects the values of both Davante Adams and Aaron Jones as well. Gamers who were drafting Packers skill players at reduced ADPs this offseason have suddenly been rewarded.

Tom Pelissero of NFL Network reports that the Texans are now willing to listen to trade offers for star QB Deshaun Watson, but the asking price is at least three first-round picks and more. The NFL hasn’t placed him on the exempt list and the civil cases won’t go to trial this year. (Source: Tom Pelissero on Twitter)

Fantasy Impact: It sounds as if the Texans have been willing to listen to offers for Watson for some time. A player of his caliber is never cheap. The report says, “It’d likely take at least three first-round picks and more.” While Tom Pelissero reports that teams have done their ‘homework’ and he won’t face trial this year, but you have to wonder if the risk outweighs the reward for the team sending at least three first-round picks. Watson is one of the league’s best and young superstars and this is promising news for fantasy football and his availability in 2021. We will bring you updates as more becomes available.

The Pittsburgh Steelers are "taking a swing at getting T.J. Watt extended before the season starts," according to Albert Breer. (Source: Albert Breer on Twitter)

Fantasy Impact: Breer added, "If I had to guess, I think it gets done, because it's far and away the biggest piece of business they've got this summer." Watt's entering the last year of his rookie deal. An extension would likely lower his north-of-$10 million cap hit, as longterm deals are backloaded with higher cap hits. Watt ranked No. 2 out of 81 edge-defenders in Pro Football Focus' grading system last season. He totaled 53 total tackles, 23 tackles for loss, 41 QB hits, 15 sacks, seven passes defensed, and an interception.

The Philadelphia Eagles signed Steven Nelson Sunday to a one-year deal worth more than $4 million, according to Jeremy Fowler. (Source: Jeremy Fowler on Twitter)

Fantasy Impact: Nelson's entering his seventh season. He's missed two games the past three seasons - two with the Pittsburgh Steelers, one with the Kansas City Chiefs. Nelson's set to compete for the No. 2 cornerback slot with the Eagles. The cornerback totaled 109 total tackles, 17 passes defensed, and three interceptions the past two seasons with the Steelers, according to Eagles Insider Dave Spadaro. Pro Football Focus ranked Nelson No. 36 out of 82 cornerbacks in their grading system last season.

Ian Rapoport of the NFL Network reports that New Orleans Saints WR Michael Thomas (ankle) is expected to miss the start of the 2021 season after undergoing surgery to repair the ligaments in his ankle in June. (Source: Ian Rapoport on Twitter)

Fantasy Impact: According to Rapoport, based on the timing of the surgery, Thomas could be on the sideline for “weeks.” The recommended recovery for his ankle surgery is four months. Thomas reportedly had a good offseason and was part of the Saints' June minicamp, and the recent surgery news comes as a surprise for fantasy managers. The 28-year-old was limited to seven games last season due to his ankle issue. The Saints reportedly have been “nosing around free-agent receivers,” per Mike Garafolo of the NFL Network. “Expect New Orleans to work a few in the next coming days.” Thomas’ absence from the Saints passing attack means more target shares for RB Alvin Kamara and defacto WR1 Tre’Quan Smith. Thomas won’t see the field until at least October and becomes an injury stash for the second half of the season.