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Sunken Costs - How to Deal with Waiver Wire Busts

Waiver wire busts and disappointments. Adam Hall discusses RB and WR that should be traded or dropped immediately in favor of players in better situations.

Sunk costs sink seasons. No one likes to admit when they’re wrong, but in fantasy football obstinance leads to losses.  It’s okay to cast off those players that you once thought would bring you to the promise land, but have since only served to hold you back. Don’t fall prey to what are called “Sunk Costs”, this is the psychological principle that states that we continue to invest time, money, and energy into investments that have long been sour believing that if we just give a bit more it will finally pay off.

Be ahead of the curve!  Opportunities that were once golden have lost their luster, and with it the possibility of each of the following players paying off for you are lower than many who are on the waiver.  Take heed and act while you still can.

Below are some players that once looked like waiver wire bargains, but now can be considered nothing more than disappointments. Here is a look at some waiver saviors that didn't exactly pan out.

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Waiver Wire Letdowns

You were the chosen one!  You were to guide my team to the playoffs, not leave it in darkness!

Jordan Matthews (WR, BUF)

Snap rank: 42 380 total snaps, 47.5 per game,  28 targets, 21 receptions, 239 yards 1 TD.  Seven games played, 34.1 yards per game.

Although things were looking up for Matthews in Week 9 (eight targets, six receptions for 46 yards), his ceiling is likely to be capped by the addition of Kelvin Benjamin along with the likely return of Charles Clay to the lineup. There are far too many mouths to feed on that offense for Matthews to have any impact on the fantasy radar.  Matthews functions best as a slot receiver, but even his hold on that position is in question after Zay Jones finally had a solid outing against the Jets last week. The Bills didn’t spend a second round pick on Jones for him to sit around while Matthews plays poorly in his place. Throw in a recently acquired Deonte Thompson who has been more effective in three games than Matthews has all season, and you don't need to ask how to proceed here.

Allen Hurns (WR, JAX)

Rank: 26, 430 total snaps, 53.8 snaps per game.  42 targets, 29 receptions, 376 yards, 2 TDs.  47 yards and .25 TDs per game.

Hurns has been extremely spotty this year, and his situation is getting worse not better.  Dede Westbrook is about to come back from waivers and is likely to take a significant portion of his snaps from Hurns.  Hurns is another player that does just enough to make you hold onto him.  His best game of the year came in week seven when he racked up 5 receptions for over 100 yards.  Though if you were to take that game away from his overall production he’d be left with an average of less than 40 yards and just a bit more than .25 TDs per game.  Don’t fall for the mirage, pick up Westbrook if you can and don’t look back.

Donte Moncrief (WR, IND)

Snap rank: 18, 453 total snap, 50.3 snaps per game. 35 targets, 19 receptions, 278 yards, 1 TD. 30.9 yards and 1/9 TD per game.

Moncrief has always been known as a redzone guy, but he hasn’t even been able to haul in those opportunities this year. With no Andrew Luck in sights, you should have dropped Moncrief long ago. Moncrief won’t even get you a ham sandwich at this point.  Drop and never look back.

Tyler Lockett (WR, SEA)

Snap Rank: 45, 375 total snaps, 46.9 snaps per game. 47 targets, 28 receptions, 355 yards, 0 TDs. 44.4 yards and 0 TDs per game

Tyler Lockett has shown great potential in the past, but has lost his job to previous second-round pick Paul Richardson this year. Many players likely picked up Lockett off of waivers after his six-reception, 121-yard game against one of the most depleted defenses in the NFL. Without that game his production drops to 39 targets, 22 receptions for 234 yards, with only a 33.4 yard per game average. Lockett didn’t play well against the redskins even though there wasn’t anyone incredibly talented covering him.  The best you can expect out of Lockett going forward is a sporadic big play, which is not enough to keep him rostered.

Torrey Smith (WR, PHI)

Snap rank: 32, 406 total snaps, 45.1 snaps per game. 29 targets, 15 receptions, 221 yards, 1 TD. 24.6 yards and 1/9 TD per game.

Torrey Smith was told to expect a grip of attention in his new home with the Eagles. Unfortunately for Torrey and anyone that bothered to roster him, he’s been little more than a regrettable distraction in the game plan. Smith has been one of the worst starting wide receivers in the nation from a production standpoint. If you take away his best game this year which was only 70 yards and one TD in a game, Smith drops to 151 yards and 0 TDs in eight games. That equates to a pedestrian 18.9 yards and 0 TDs per game. Smith isn’t worth anything except in best-ball or dynasty formats.

Darren McFadden / Alfred Morris (RB, DAL)

Let’s be real, regardless of what you think about the Ezekiel Elliot situation, it seems that there is nothing the NFL can do to bring him and the Cowboys to heel. Try to trade these two to a needy team that’s in desperation mode or drop them for players that actually have potential of helping your team in the latter part of the season. If you’re in such a good position that you feel no need to drop them, then you probably won’t benefit much from this article.  There are legitimate opportunities on the waiver wire each week and these players offer you nothing, but the empty promise of a mixed backfield between McFadden, Morris, and Rod Smith.

Jamaal Charles (RB, DEN)

Snap rank: 60, Total Snaps 140, Snaps per game 17.5. 54 rushes for 236 yards, 4.4 YPC, 1 TD average, 16 targets, 13 receptions, 71 yards.

First of all, he hasn’t logged more than five carries since Week 3. With Devontae Booker and D’angelo Henderson chomping at the bit to get more attention it seems that Charles is the most talented back in a situation that doesn’t call for him. If Charles was traded to a RB-hungry team before the trade deadline, perhaps he’d be doing as well as Peterson is, but that’s not the case, and it’s unlikely for him to be expected to do any better with Brock Osweiler or Paxton Lynch under center.

D'Onta Foreman (RB, HOU)

Snap rank: 70, Total Snaps: 113, Snaps per game average: 14.1. 61 rushes, 244 yards, 4.0 YPC average, 0 TDs, 5 targets, 3 receptions, 68 yards.

Lamar Miller is the bell cow back and is currently ranked fourth overall in running back snap rank. Even if Foreman is talented, there’s nothing he can do to help your team if he’s never on the field. Without Watson in the game to alleviate box pressure on the RBs, along with the departure of LT Duane Brown, one would expect that Miller will revert to 2016 levels of production and Foreman likely wouldn’t fare much better. If you’re still holding out hope that Foreman will be your handcuff savior or take over after a couple frustrating weeks, fall back five and punt for another player.

Samaje Perine (RB, WAS)

Snap Rank: 76, Total Snaps: 99, Snaps per game: 12.4.  57 rush, 175 yards, 3.1 YPC average, 0 TDs, 5 targets, 5 receptions, 30 yards.

Perine has only logged THREE SNAPS over the last three games. If this doesn’t scream marooned, nothing does. After another fumble, Perine likely isn’t even the handcuff to Robert Kelley any more. Perine has separated himself from the rest of this team and is likely to be replaced next year at this rate. The Washington football team isn’t relying on the run much at all and haven’t been scoring the number of points that everyone expected them to in the offense. For some reason if you’re holding onto Perine at this point, drop him for literally anyone else.

 

Waiver Wire Pickup Options

Viable options that may be available on the wire currently:

Corey Clement, Devontae Booker, Terrance Williams, Dede Westbrook, Thomas Rawls, Robert Woods, Marqise Lee, Charles Clay, Josh Gordon, Julius Thomas

 

More 2017 Fantasy Football Busts




REAL-TIME FANTASY NEWS

Micah Parsons

Eyeing a Mid-October Return After Having Another Knee Surgery
Rome Odunze

Foot Injury Still an Issue Going into 2026 Season?
Ketel Marte

Out on Wednesday With Back, Hamstring Injuries
Mitchell Robinson

is Available for Game 1 on Wednesday
Kawhi Leonard

Unlikely to be Traded
Chicago Bulls

Bulls Host Potential Lottery Picks for Workout
Washington Wizards

Wizards Considering Trading Down in Draft
Russell Wilson

Retiring From the NFL
Corbin Burnes

has Teres Major Strain, Unlikely to Return Until September
Malik Davis

Appears to be the Front-Runner for RB2 Job in Dallas
Kayshon Boutte

to Compete for Snaps in Three-Receiver Sets
Alvin Kamara

Attends OTAs on Wednesday
Andrei Iosivas

Is it Time for Dynasty Managers to Drop Andrei Iosivas?
Tyjae Spears

Is Tyjae Spears Droppable in Dynasty Formats?
Jaylen Wright

the Dynasty Handcuff Running Back to Own in Miami?
Colby Parkinson

Facing Likely Regression After Career Year in 2025
Omarion Hampton

Remains a High-End Dynasty RB1 Despite Injury History
Rickie Fowler

Looks To Continue Resurgent Season At Memorial
Ollie Gordon II

Is Ollie Gordon II Still Worthy of a Dynasty Roster Spot?
Justin Herbert

Overhauling his Footwork This Offseason
De'Von Achane

Doing Individual Drills at Minicamp
Ashton Jeanty

Raiders Emphasizing Ashton Jeanty's Progress as Their Lead Back
Marvin Harrison Jr.

Still on the Mend From 2025 Injuries
Brandon Aiyuk

Warrant Issued for Brandon Aiyuk's Arrest in California
Blake Corum

Remains an Elite Handcuff in Dynasty Leagues
Chris Godwin Jr.

Consistency the Key for Chris Godwin Jr. in Dynasty Leagues
David Montgomery

Can Managers Look to Sell High on David Montgomery This Year?
Malik Willis

a Low-Cost Dynasty Target in Miami?
CFB

Can Eric Singleton Jr. Fully Break Out at Third School?
CFB

Katin Houser Steps into QB1 Role for Illinois
CFB

Savion Hiter an Immediate Impact Freshman for Michigan
CFB

Isaiah Horton Set to Take Over KC Concepcion's Role
CFB

UCLA Transfer Karson Gordon Signs with Austin Peay
CFB

Will Muschamp Bringing New Intensity to Texas Practices
Gary Woodland

Brings Boom-or-Bust Potential to Memorial
Jordan Spieth

Still Searching for a Breakthrough
Alex Smalley

Brings Elite Form to Memorial Tournament
Justin Rose

Looks to Recapture Memorial Tournament Success
Cameron Young

Looks to Get Back to His Contending Ways at Murifield Village
Chris Gotterup

Needs to Find Fairways at Muirfield Village
Si Woo Kim

Looks to Stay Hot at Memorial Tournament
Matt Fitzpatrick

Positioned for Success at Muirfield Village
Jalen Chatfield

Records Two Assists in Tuesday's Loss
Keegan Bradley

Looking for Another Strong Finish at Muirfield
Nikolaj Ehlers

Nets Two Goals in Game 1 Loss to Golden Knights
Shea Theodore

Notches Three Points in Game 1 Win
Brayden McNabb

Sets Up Three Goals in Game 1 Win Over Hurricanes
Justin Thomas

is an Exciting Play This Week in Ohio
Brett Howden

Starts Finals With Multi-Point Effort
Scottie Scheffler

Looks to Win Memorial Tournament for Third Consecutive Year
Tomas Hertl

Scores Game-Winner in Finals Opener
Rory McIlroy

Looking for Better Performance at Muirfield Village
Drake Baldwin

Could Return During Braves Next Homestand
Garrett Crochet

Diagnosed With Low-Grade Lat Strain
Russell Henley

Coming to Ohio on the Heels of Latest Victory
Tommy Fleetwood

Looking for Better Iron Play at Memorial Tournament
Patrick Cantlay

Looks to Continue Dominance at Muirfield Village
Ludvig Aberg

a Great Fit for Muirfield Village
Isaiah Hartenstein

Hopeful to Stay with Oklahoma City
Luguentz Dort

Wants to Remain with Thunder
Mitchell Robinson

is Questionable for Game 1
Moussa Diabaté

Moussa Diabate Has Contract Guaranteed for 2026-2027 Season
Oso Ighodaro

Gets Guaranteed Contract for Next Season
NAS

Chris MacFarland Joins Predators as President and General Manager
VAN

Canucks Name Manny Malhotra as New Head Coach
Brendan Gallagher

to Leave Canadiens This Offseason
Patrik Laine

Looking Forward to Free Agency
Jeremy Lauzon

Returns to Action Tuesday
Zach Werenski

Wins 2025-26 Norris Trophy
Aaron Judge

Out on Tuesday With Rib/Shoulder Injury
Josh Hader

Set to Return from Injured List on Tuesday
CFB

SEC Coach Calls Buster Faulkner a "Home-Run Hire"
CFB

Auburn a Sleeper in the SEC Under Alex Golesh?
CFB

Noah Fifita Primed for Strong 2026 Campaign
CFB

Oregon Assistant Coach Charged with DUII, Reckless Driving
CFB

Tight End Nick Pollack Commits to Clemson
Akshay Bhatia

Needs the Driver to be True in Ohio
Aaron Rai

Primed to take on the Memorial Tournament
J.J. Spaun

Rebounded at Charles Schwab Challenge
Xander Schauffele

One to Watch This Week in Ohio
Elly De La Cruz

to Miss 2-4 Weeks of Action
Chase Burns

is Scratched Due to Illness
Deiveson Figueiredo

Suffers Second-Round Submission Loss
Song Yadong

Gets Second-Round Submission Win
Zhang Mingyang

Suffers Back-To-Back Losses
Alonzo Menifield

Gets Back In The Win Column
Tallison Teixeira

Suffers First-Round Knockout Loss
Sergei Pavlovich

Scores First-Round Knockout Win
Cameron Smotherman

Suffers Third Loss In A Row
Edwin Arroyo

Reds Promote Top Infield Prospect Edwin Arroyo, Viewed as Priority Pick Up Ahead of MLB Debut
Kai Asakura

Earns His First UFC Win
Elly De La Cruz

Placed on IL with Right Hamstring Tightness
Denny Hamlin

Earns the first Nashville Cup Series Victory of his Career on Sunday
Christopher Bell

Finishes as the Runner-Up at Nashville
Chase Briscoe

Earns First Career Podium Finish at Nashville
Ryan Blaney

Scores A Solid Top-10 Finish at Nashville
Kyle Larson

Top-10 Streak at Nashville Ends after Late Flat Tire Spin
Elly De La Cruz

Exits with Hamstring Tightness
Tyler Reddick

Is One of the Top Favorites to Win at Nashville
Kyle Larson

May Continue his Top-10 Consistency at Nashville this week
Christopher Bell

Is One of the Top Competitors for the Win at Nashville
Chase Briscoe

Is A Must Start for Nashville DFS Lineups
Chase Elliott

has Plenty of Upside for Nashville DFS Lineups
William Byron

Is William Byron A Playable DFS Option for Nashville Lineups?
Carson Hocevar

Is Likely to have Another Solid Result at Nashville
NASCAR

Should Fantasy Players Roster Bubba Wallace at Nashville?
Chris Buescher

Is A Decent All-Around DFS Option for Nashville Lineups
Daniel Suarez

is Likely to Drop Positions during the Cracker Barrel 400
Garrett Crochet

Suffers Setback, Likely to Undergo MRI for Lat Tightness
Denny Hamlin

Could Denny Hamlin Dominate at Nashville?
Ryan Blaney

Is a DFS Tournament Option at Nashville
Ty Gibbs

Don't Overlook Ty Gibbs at Nashville
Joey Logano

Could Show Life at Nashville
Ross Chastain

Needs a Good Run at Nashville
Chet Holmgren

Fails to Step Up in the Season Finale
Cason Wallace

Ends Postseason with Strong Showing
Shai Gilgeous-Alexander

Caps MVP Season with Game 7 Exit
Stephon Castle

Continues Postseason Run with 16 Points
Julian Champagnie

Shines in Series-Clinching Win
De'Aaron Fox

Provides Secondary Punch in Game 7 Triumph
Victor Wembanyama

Earns Conference Finals MVP in Spurs' Game 7 Win
NBA

Warriors Prioritize Depth Around Returning Steve Kerr
Donovan Mitchell

Remains Cleveland's Top Priority
Adou Thiero

Remains a Lakers Development Project
NBA

76ers Hire Mike Gansey as President of Basketball Operations
NBA

Chicago Bulls Explore Kevin Young as Coaching Candidate
Lane Hutson

Posts a Power-Play Assist in Game 5 Loss
Cole Caufield

Nets a Power-Play Goal in Season-Ending Loss
Seth Jarvis

Closes Out East Finals With Multi-Point Game
Logan Stankoven

Notches Three Points in Big Game 5 Win
Taylor Hall

Racks Up Three Points in Series-Clinching Win
Frederik Andersen

Remains Stellar as Hurricanes Clinch Finals Berth
Jacob Gonzalez

is Heading to the Big Leagues
Munetaka Murakami

Exits with Hamstring Tightness
Eury Pérez

Eury Perez is Placed on 15-Day Injured List
Deiveson Figueiredo

Set For UFC Macau Main Event
MMA

Yadong Song Returns At UFC Macau
Alonzo Menifield

An Underdog At UFC Macau
Zhang Mingyang

Set For UFC Macau Co-Main Event
Tallison Teixeira

Looks To Win Back-To-Back Fights
Sergei Pavlovich

A Favorite At UFC Macau
Cameron Smotherman

Looks To Bounce Back
Kai Asakura

Looks To Get Back In The Win Column
CFB

Faizon Brandon In Position to Start Week 1
CFB

Dane Weber Commits to Cal
CFB

Joey McGuire Attempts to Add Texas to Schedule
CFB

Mike Leach on 2027 College Football Hall of Fame Ballot
CFB

Maryland, Baylor Schedule Home-and-Home
CFB

Taron Dickens Decommits From North Carolina
RANKINGS
C
1B
2B
3B
SS
OF
SP
RP

RANKINGS

QB
RB
WR
TE
K
DEF