23% exposure; not on PUP but ACL recovery timeline uncertain

David Montgomery is at 23% exposure for both analysts at running back, making him the closest to the 25% threshold but not exceeding it; neither David Montgomery has any running back over 25% exposure. Not placed on PUP to start training camp, which was unexpected good news; however, return to performance remains uncertain despite not starting on PUP. Suffered complicated ACL injury with meniscus damage and cyclops lesion requiring two surgeries, which delayed rehab. May not be 100% healthy in week one and could take several weeks to return to form; there is a chance he does not return to full performance until 2027. Market repriced upward after PUP news, but speaker expected him to potentially fall to 5-6 turn if placed on PUP; now unlikely to reach that price floor. Fair value estimated around 3-4 turn by Sims even if downside risk existed. Speaker holds approximately 7% exposure and is not fully fading him but also not overweighting.