The Jaguars did not tender Cephus (undisclosed) on Wednesday.

As such, Cephus now will be an unrestricted free agent. He did not appear in a regular-season game in 2025 due to an undisclosed injury that caused him to be placed on IR in late August. Cephus will look to join a team in need of wide receiver depth.

The Colts did not tender Montgomery (undisclosed) on Wednesday.

As such, Montgomery now will be an unrestricted free agent. The Austin Peay product missed the entire 2025 season while on injured reserve due to an undisclosed issue. Montgomery last saw regular-season action in 2023 with the Colts, when he appeared in seven games and finished with three catches (on eight targets) for 56 yards and one touchdown.

The Seahawks have tendered Bobo as a restricted free agent Wednesday, Dom Skene of USA Today reports.

The tender provides Bobo with a one-year, $3.52 million deal for the 2026 campaign and allows him to negotiate with other teams, though Seattle will retain the right to match any offer. While playing through a lingering foot injury in 2025, Bobo secured four of five targets for 53 yards and a touchdown while suiting up for 14 regular-season games.

Metchie is signing a one-year deal with Carolina, Mike Kaye of The Charlotte Observer reports.

A 2022 second-round pick, Metchie spent time with three different teams during the length of his rookie contract after missing the 2022 season to recover from cancer. He'll now reunite with college teammate Bryce Young, likely competing for a depth role at wide receiver behind Tetairoa McMillan and Jalen Coker.

The Patriots officially released Diggs on Wednesday.

On the heels of recording a 85-1,013-4 receiving line (on 102 targets) in 17 regular-season games during his lone campaign with the Patriots, the team -- as previously reported -- elected to part ways with Diggs for salary cap reasons. Since then, Romeo Doubs has been added by New England, while Diggs is now free to sign elsewhere. In the right spot, Diggs should have an opportunity to yield solid fantasy production in 2026, but it remains to be seen what the market will be for the 32-year-old wideout.

Odunze and Luther Burden are Chicago's unquestioned top WRs after the team traded DJ Moore to Buffalo, Patrick Finley of The Chicago Sun-Times reports.

Moore might've only been the No. 3 receiver anyway if he'd returned to Chicago after plummeting to a 16.0 percent target rate in 2025 while easily leading the team in routes run (512). The Bears also lost WR Oladime Zaccheaus (305 routes), who is signing with Atlanta. There's plenty of time to add competition behind Odunze and Burden, but it does seem clear that those two and TE Colston Loveland will lead the team in targets in 2026 if they stay relatively healthy. Odunze said in January that he didn't anticipate needing surgery for the foot injury that cost him five games at the end of the regular season (he returned for two postseason games, posting 2-44-0 receiving lines in both). He failed to maintain a hot start in 2025, his second pro season, but there were still some promising signs overall, including a 24.4 percent target rate and six TDs in 12 regular-season games. Odunze, Burden and Loveland are all popular fantasy breakout candidates for 2026.

Tennessee tendered Oliver as an exclusive rights free agent on Wednesday.

Oliver will return to the Titans on a one-year league minimum contract for 2026. A knee injury he suffered Week 2 cause him to miss most of the 2025 campaign, though he was activated from IR and retook the field Week 18. Across his minimal action last season, Oliver secured his only target for eight yards and operated as a notable special-teams contributor.

Burden has less competition for playing time and targets after the Bears traded DJ Moore to Buffalo, Patrick Finley of The Chicago Sun-Times reports.

Burden would've been a popular 2026 breakout candidate even if the Bears had kept Moore, who was targeted on just 16.0 percent of his routes last season. Burden had a team-high 26.1 percent target rate while ranking fourth among all qualified pass catchers with 2.83 yards per route, but with a mere 41 percent route share across 15 regular-season games. His playing time and production improved as the season progressed, with Burden catching at least three passes in each of his final 10 appearances (including two playoff games). With Moore and Olamide Zaccheaus (Falcons) no longer playing for Chicago, the passing attack figures to flow through Burden, WR Rome Odunze and TE Colston Loveland.

The Ravens are expected to re-sign Wade (ribs), Matt Zenitz of CBSSports reports.

Wade is slated to return to Baltimore, where he's spent the past two seasons. He spent the entirety of the 2025 season on injured reserve with a ribs injury and will look to make his regular-season debut during the upcoming campaign.

Moore has agreed to terms on a one-year contract with the Packers, NFL reporter Jordan Schultz reports. Per Tom Silverstein of the Milwaukee Journal Sentinel, Moore's deal has a base value of $2.5 million with additional incentives of up to $2 million.

Moore was productive while operating as a return man for the 49ers in 2025, totaling 907 kickoff return yards and 291 yards on punts across 17 regular-season appearances. He also had five catches for 87 yards on seven targets and two carries for 11 yards. Moore figures to primarily contribute in the return game again for his new team, as second-year wideout Savion Williams (foot) already projects for a gadget role on offense. Moore and Williams figure to also compete for opportunities returning kicks.