WR Cameron Meredith has signed a 2-year, $10 million offer sheet with the Saints, according to ESPN's Adam Schefter. The Bears tendered the restricted free agent at the original-round level. That means New Orleans will owe Chicago no compensation, but the Bears get a chance to match the offer. Meredith missed all of last season after tearing his left ACL and MCL, so we'll need to watch his progress this offseason and see exactly when he's ready for full practice. If Meredith's good to go in plenty of time, he'll be in an interesting situation. New Orleans has been a passing-game party for most of Drew Brees' time there, but only Michael Thomas and Alvin Kamara topped 70 targets among Saints last year. Ted Ginn drew 70 to rank 3rd on the team and 2nd among Saints WRs. A healthy Meredith could challenge Ginn's status as the #2 WR and approach Willie Snead's 2016 role. We would bet on a bit more passing from the Saints this year, though also not a total swing back from the 2017 rushing emphasis. Meredith makes for an upside late-round pick in best-ball drafts right now. His arrival adds a bit of risk to Ginn but certainly doesn't kill his value.

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Saints WR Cameron Meredith has agreed to take a $2.1 million pay cut, according to ESPN's Field Yates. That means he'll earn just $1.3 million in 2019 salary. That doesn't bode particularly well for the 26-year-old's outlook. Meredith appeared in just 6 games last year and caught a mere 9 balls. The fact that he was willing to take a roughly 62% pay cut rather than test the market suggests he's not overly confident in the knee that basically cost him the past 2 seasons. We'll see about Meredith's progress through the offseason and training camp, but he's not worth drafting in early best-ball formats -- perhaps near the end of the FFPC 28-rounders. If Meredith remains limited heading into 2019, Keith Kirkwood and Tre'Quan Smith could benefit.

Saints WR Cameron Meredith needs arthroscopic knee surgery, according to ESPN's Adam Schefter, and will be placed on IR. It's unclear if the surgery is to the same knee in which Meredith tore the ACL and MCL in August 2017. It's not a major surprise that this turned out to be a lost season for him after that multi-ligament tear. He inked a 2-year deal with New Orleans, so we'll see if he can get healthy and make an impact in 2019. Meredith is still just 26.

Saints WR Cameron Meredith is active for today's game against the Falcons after being a healthy scratch the first 2 weeks. He shouldn't be in fantasy lineups, but we'll be keeping a close eye on how big a role Meredith plays. He might be worth adding now if he's available in deeper fantasy leagues.

Saints WR Cameron Meredith is inactive for today's opener against the Bucs as he continues to work back from last year's knee injury. There's still upside here, but Meredith is droppable in shallower fantasy leagues. Michael Thomas, Ted Ginn and Austin Carr are expected to serve as New Orleans' top 3 WRs today. Ginn and Carr are just fantasy fliers.

Saints WR Cameron Meredith hauled in 2 balls for 72 yards and a score in Thursday night's preseason finale. He toasted his defender for this 56-yard bomb and later scored from 16 yards out. We usually don't like to see guys getting extensive run in the 4th exhibition, but Meredith needed it. He's coming off a torn ACL, missed a couple weeks of camp with an undisclosed injury and had yet to catch a pass this preseason. Now we'll see exactly what kind of role Meredith plays out of the gate. He won't be a recommended Week 1 fantasy starter, but we still expect him to eventually settle in as the Saints' #2 WR.

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