Giants Sign Calvin Austin III

The New York Giants have signed wide receiver Calvin Austin III to a one-year, $4.5 million contract, according to Adam Schefter of ESPN.com. Austin hit free agency earlier this week upon the expiration of his four-year rookie contract with the Pittsburgh Steelers. The former fourth-round pick entered the 2025 season with high expectations, given his role as the team's No. 2 wide receiver in a potentially pass-heavy offense. That never really came to fruition, though, as Austin finished the year with just 31 catches, 372 yards, and three touchdowns across 14 games. The Giants will rely on him and Darius Slayton to fill a depth role behind superstar wide receiver Malik Nabers (knee) next season. Austin is more of a low-floor, high-ceiling receiver, so while he should be rostered in most dynasty and many redraft leagues, he won't be a weekly fantasy starter in 2026.

Source: Adam Schefter