Start with the absurd part: Stefon Diggs doesn't have a team right now, and fantasy drafters are treating him like a fringe roster piece. ESPN's Eric Karabell has him going outside the top 50 wide receivers, around the 11th round, rostered in just 32.4% of leagues. That's the price for a guy who caught 85 passes for 1,013 yards last season and, in PPR formats, out-scored Drake London, CeeDee Lamb and Justin Jefferson.
How did Diggs end up here? The Patriots released him in March once his cap number was set to balloon from $10.5 million to $26.5 million, cutting him loose despite a 2025 season in which New England went worst-to-first in the AFC East and made a Super Bowl run. It's a business decision, not a talent evaluation, and Diggs is now the best receiver still walking the open market this deep into the offseason. He's reportedly drawn interest from at least five teams.
The Commanders keep coming up as the landing spot to watch. Washington has thin, aging depth at receiver behind Terry McLaurin, a Jayden Daniels-led offense that could use another proven target, and a hometown pull for Diggs that he's talked about publicly. There's even a side plot with his brother, cornerback Trevon Diggs, also unsigned, floated as a package deal in D.C.
For fantasy purposes, that's the whole thesis. The moment Diggs signs anywhere with a real target share, his ADP is going to jump, and it won't creep — it'll spike overnight as every mock draft site updates. Right now you can grab a seven-time 1,000-yard receiver on your bench in the round where teams are drafting handcuffs and dart-throw tight ends. That gap closes fast once there's a jersey number attached.
Diggs' exit in New England also explains why Romeo Doubs landed a four-year, $39 million deal with the Patriots this offseason even after the team traded for A.J. Brown. Someone had to be the No. 2 behind Brown, and Doubs, who averaged 10.3 points per game in Green Bay and caught 4 of 6 targets inside the 10-yard line, fills that role at an 11th-round price. He's the quiet value pick in the same range as Diggs, just with a defined role already locked in.
Down in Indy, Josh Downs is getting a similar bump for a different reason. Michael Pittman's trade to the Steelers erased a 19.7% target share from the Colts' passing game, and GM Chris Ballard has already said publicly he wants to funnel more chances to Downs. He's going in round 10 right now, which looks light for a slot receiver who could push toward 100-plus targets in a offense that just lost its top perimeter option.
Jalen Coker is the deeper-league version of this same story in Carolina. He's the clear No. 2 behind Tetairoa McMillan on a Bryce Young offense that's trending up, and while he's a late-round dart right now, his tape shows real vertical juice. Over the final stretch of last season, weeks 11 through 18, Coker averaged 11 points per game with four double-digit outings — production nobody's paying for at his current cost.
The through-line on all four names is the same: draft cost hasn't caught up to opportunity. Diggs is the headline because the eventual landing spot could make him a top-30 receiver overnight, but Doubs, Downs and Coker are all sitting in rounds 10 through 11 with real paths to WR2 weeks. If your league drafts in the next few weeks, this is the range to load up on upside instead of taking the safe, capped-out veteran.