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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

Elly De La Cruz

to Miss 2-4 Weeks of Action
Chase Burns

is Scratched Due to Illness
A.J. Brown

Traded to Patriots in Blockbuster Deal
Deiveson Figueiredo

Suffers Second-Round Submission Loss
Song Yadong

Gets Second-Round Submission Win
Russell Wilson

Taking a Job with CBS for 2026 Season
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Giants Adding JuJu Smith-Schuster on a One-Year Deal
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Suffers Back-To-Back Losses
Alonzo Menifield

Gets Back In The Win Column
Braxton Berrios

New York Giants Agree to One-Year Deal with Braxton Berrios
Odell Beckham Jr.

Signing with Giants
Tallison Teixeira

Suffers First-Round Knockout Loss
Myles Garrett

and Jared Verse Swap Teams in Blockbuster Deal
Sergei Pavlovich

Scores First-Round Knockout Win
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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
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Dynasty Value Takes a Hit for Now
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Earns the first Nashville Cup Series Victory of his Career on Sunday
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a Steal in the Second Round of Rookie Drafts?
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Earns First Career Podium Finish at Nashville
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Scores A Solid Top-10 Finish at Nashville
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Worth Targeting Now Before Eventual Breakout?
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Top-10 Streak at Nashville Ends after Late Flat Tire Spin
Germie Bernard

Expected to Require Some Patience in Dynasty Leagues
Denzel Boston

a First-Round Target in Dynasty Rookie Drafts
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Dynasty Value Impacted by Inconsistency
Jeremiyah Love

Can Jeremiyah Love Become an Instant Fantasy Contributor?
Odell Beckham Jr.

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Working Out for Giants
A.J. Brown

Could Be Dealt Within Next 24 Hours
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Set to Play "Most Important Role" of His Career in Jaguars Offense
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?
Wan'Dale Robinson

Dynasty Value May Have Peaked in 2025
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Is Likely to have Another Solid Result at Nashville
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Should Fantasy Players Roster Bubba Wallace at Nashville?
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Is A Decent All-Around DFS Option for Nashville Lineups
Daniel Suarez

is Likely to Drop Positions during the Cracker Barrel 400
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Carries Dynasty Sell-High Appeal After Breakout 2025 Campaign
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
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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
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Continues Postseason Run with 16 Points
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Shines in Series-Clinching Win
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Provides Secondary Punch in Game 7 Triumph
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Earns Conference Finals MVP in Spurs' Game 7 Win
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Warriors Prioritize Depth Around Returning Steve Kerr
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Remains Cleveland's Top Priority
Adou Thiero

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76ers Hire Mike Gansey as President of Basketball Operations
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Chicago Bulls Explore Kevin Young as Coaching Candidate
Kyrie Irving

Reports He's Nearing Full Strength in ACL Recovery
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
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Notches Three Points in Big Game 5 Win
Taylor Hall

Racks Up Three Points in Series-Clinching Win
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Jacob Gonzalez

is Heading to the Big Leagues
Munetaka Murakami

Exits with Hamstring Tightness
Mitchell Robinson

Plans to Play in Game 1 After Finger Surgery
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Ruled Out for Game 7
Jalen Williams

Unavailable in Decisive Game 7
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Zhang Mingyang

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Looks To Win Back-To-Back Fights
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Looks To Bounce Back
Kai Asakura

Looks To Get Back In The Win Column
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Faizon Brandon In Position to Start Week 1
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Dane Weber Commits to Cal
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Joey McGuire Attempts to Add Texas to Schedule
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Jalen Williams

Limited in Game 6 Return
Jared McCain

Provides Bench Spark in Game 6 Loss
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De'Aaron Fox

Struggles From the Field Thursday
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MLB Proposes Hard Salary Cap as Part of Next CBA
Kenley Jansen

Tigers Place Kenley Jansen on Injured List With Pelvic Inflammation
Teoscar Hernández

Teoscar Hernandez Heading to Injured List With Hamstring Strain
MON

Lane Hutson Struggles in Game 4 Loss
CAR

Logan Stankoven Nets Eighth Postseason Goal
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Sebastian Aho Pots Game-Winner on Power Play
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Nikolaj Ehlers Tallies Two Helpers in Impressive Road Win
CAR

Shayne Gostisbehere Records Two Assists in Game 4 Win
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Frederik Andersen Establishes Hurricanes New Postseason Shutout Record
Yordan Alvarez

Continues Homer Barrage With Two More Long Balls on Wednesday
Cristopher Sánchez

Cristopher Sanchez Makes History With Seven More Shutout Innings Against Padres
Teoscar Hernández

Teoscar Hernandez Lifted From Wednesday's Game Early With Hamstring Strain
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Exits Relief Appearance on Wednesday With Groin Injury
Eury Pérez

Eury Perez Pulled Early on Wednesday With Hamstring Issue
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Drew Mestemaker a Top Big 12 Quarterback Right Away?
PGA

Sungjae Im Remains Boom-or-Bust at Colonial
PGA

Michael Thorbjornsen Trending in Wrong Direction Entering Colonial
Russell Henley

a Top Option at Colonial
Harry Hall

Hoping Putter Carries Him at Colonial
Rickie Fowler

Looks to Regain Momentum at Colonial
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Looking to Stay Hot at Colonial
Martin Necas

Collects an Assist in Game 4 Loss to Golden Knights
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Dylan Coghlan

Continues Unlikely Success Story
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Scores Series-Clincher Tuesday Night
Mark Stone

Nets Another Goal as Golden Knights Finish Off Avalanche
Ludvig Aberg

Looking to Exchange Momentum for a Victory in Fort Worth
Stephan Jaeger

Trending Upward as PGA Heads to Fort Worth
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Tony Finau

Faces Different Test at the Colonial
Robert MacIntyre

Seeks Better Beginning in Fort Worth
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Ups and Downs Could Continue at Colonial
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Not Having the Best Golf Season in 2026
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Zach Bauchou

Tries to Keep Momentum Rolling at Colonial
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Looking to Rebound at Colonial
RANKINGS
C
1B
2B
3B
SS
OF
SP
RP

RANKINGS

QB
RB
WR
TE
K
DEF