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0:16Welcome to Alaska Airlines. This is the Late-Round Podcast with your host, JJ Zacharyarysen.
0:21What's up, everyone? It's JJ Zacharyarysen in this episode 1108 of the Late-Round Fantasy Football Podcast.
0:26Thanks for tuning in. This time last week, I had a conversation with Late-Round Fantasy Football's own Brandon Gadula about catchable targets.
0:34He had done a study for one of our newsletters on the topic, and there were some really interesting takeaways for 2026 drafts.
0:42Well, this week we're running it back. But instead of catchable targets, I had a conversation with Brandon about an even more
0:50important fantasy football topic, the RB2 rebirth. The NFL has slowly morphed into a slightly different game than what we saw six, seven, or eight years ago.
0:59We've got heavy personnel all over the place, we have a run-heavier league in general, and that's made an impact on fantasy football.
1:07When I talked about the death of the fantasy football wide receiver 2 back in January, one of the things I dug into was positional target share data.
1:17Quite simply, how targets were distributed across wide receiver, running back, and tight end.
1:22With more tight end usage came lower wide receiver target shares.
1:26But things have been changing at running back too.
1:29That's what Brandon really investigated in a newsletter that he had sent out last week.
1:34Which, just a reminder guys, that newsletter is totally free.
1:38There's no reason to not be signed up. But that research last week was so good that I wanted to do another episode of the show with Brandon.
1:47Not only does it allow you guys to get to know him and his approach a little bit better, but man, it's
1:55just really good and thoughtful research that's going to make all of us better players.
2:00At the very least, it'll probably make you feel a little bit differently about this game.
2:06Brandon found some very interesting pass catching trends at running back.
2:10We'll get into that in just a second. First, this is one of your final reminders to get the late round draft guide at its pre-order price.
2:19That guide is going to launch Friday this week.
2:22And with it pretty much completed, I can confidently tell you guys that it's the most comprehensive piece of fantasy football content that I've ever put together.
2:32There's almost 300 pages of content. There's strategy talk, ways to find breakouts, players to target, players to avoid, rankings and tiers, and more.
2:40You can check it out and learn more over on lateround.com.
2:44Now let's get to this discussion with Brandon Gadula.
2:47All right, Brandon, back to back weeks with the late round podcast.
2:52You sent a newsletter out last week on this sort of changing receiving landscape at running back.
2:57What made you dig into the topic? Well, I was writing up some market score sections for something called the late round
3:05draft guide, which releases July 10th this week. It's going to be updated weekly, mark new market score information.
3:12I'm excited. So make sure you head over to lateround.com to pre-order that.
3:16But yeah, so I'm digging through market score sections, kind of introing, you know, each position going through.
3:23And naturally, as you do content, you flow through position by position, quarterback, running back, receiver, tight end.
3:29So I'm rolling right at a quarterback and I'm going into running back and, you know, it just kind of it emerged
3:37in, you know, the market score analysis that the quarterback has this sort of underlying value through rushing.
3:43And what you kind of dig into with quarterback also, it's a very similar sort of process at running back.
3:50I mean, Rich Rebar, of course, coined the Konami code as in Russian quarterbacks being, you know, cheat codes for fantasy football.
3:58But now we get into a scenario in the NFL where we have Russian quarterbacks who can actually rival some of the
4:05top pocket passers with their arms as well. So that's what separates these guys like a Josh Allen, a Peek Lamar.
4:13It makes them so impactful. And then as you're digging through market score, as you'll learn.
4:18And I mean, if you've listened to JJ for a while, you realize it's the sort of secondary lever of production at running back.
4:27But pass catching matters a lot. And so it was just such a like clear parallel of how two of the most
4:34important factors in fantasy football are secondary components of two of the four fantasy positions.
4:40So, you know, quarterback rushing and running back receiving.
4:43So I'm looking at this and I'm like, OK, there's got to be, you know, a simple sort of like way to kind of draw this together.
4:52And, you know, this year we've got really a big two, but you probably throw Christian McCaffrey in there as a pure
5:00big three because we have running backs who have elite rushing volume, have elite receiving volume and good goal line rolls, if not great goal line rolls.
5:09So I was like, OK, it's very similar at the top.
5:13And then it kind of hit me, though, because we have we have a Malik Willis this year, a quarterback could be
5:21a cheat code could just, you know, rush his way.
5:25But we also got, you know, Jackson Dart, Bo Nix, Kyler Murray types, these guys who aren't just all legs.
5:32And then it kind of was like, well, who were the names at running back who fit that sort of Malik Willis mold?
5:40Yeah, sort of PPR scammer kind of players that we have all grown to love over the years.
5:46And it just kind of hit me that there weren't a lot of them coming to mind.
5:52And so I started digging in and I think I found some interesting data.
5:57Yeah, let's talk about that data. So like at a macro level, what are you seeing happening league wide with receiving volume at running back?
6:05Yeah, so I think it's interesting just to like drop that we're all looking at tight ends and how they're seeing more targets.
6:14And you broke down the death of the fantasy football wide receiver to earlier this offseason.
6:19So, you know, we're talking about tight ends. You looked specifically, you know, from how is this impacting receivers?
6:26But I feel like the running back piece of the puzzle has not been discussed quite to the same level.
6:33And I understand it. It's a smaller piece of the of the pie overall.
6:38But what we are talking about at running back is how expensive they are in drafts.
6:43At least that's how a lot of people feel.
6:46And, you know, yeah, we've had good luck with running back injuries lately.
6:51There's just I think there's just more to discuss, though.
6:55So as we dig into running back trends, as far as pass catching goes, we see that target share is down a bit lately.
7:03So last year, 17.7 percent of targets went to running backs.
7:07That was the second lowest mark over the last decade, beating out just 2024, 17.1 percent.
7:12The eight years prior averaged over 19 percent was 19.3 percent.
7:16So, yeah, target share is down as far as running backs go, but overall pass volumes down as well.
7:23And so clearly there has to be some impact.
7:26Right. But what is the total impact? And one thing I noticed was targets per rush are just down its position.
7:33It's been down under 0.25 for each of the last two seasons.
7:38The eight years prior, we're sitting close to 0.3.
7:41Multiple seasons in that span above well above a 0.3.
7:44So it might sound like a small gap, but that stuff adds up.
7:49And so I think that it's clear to say like at a real macro level, things are changing at running back in
7:56terms of how pass catchers are being distributed. Yeah.
8:00And targets per rush, just so you guys can really like take that in.
8:05It's simply the amount of targets that a running back seeing versus how many rushes that he's seeing.
8:11So it's like proportion, right? So the lower the number means the more rush attempts, if you will, versus how many targets that player is seeing.
8:20How has this impacted then the fantasy relevant running backs?
8:23Yeah. So, you know, we have to isolate things to look at some sort of fantasy relevance to get the most out of this.
8:32And fantasy relevant running backs can mean a lot of different things, but I did a pretty high level look at the position.
8:40I looked for running backs who played at least eight games in a season and averaged at least 10 PPR points per game.
8:48You get around 33 of those players per season over the last decade.
8:52So I think that kind of sums up who matters, you know, and who doesn't sort of just kind of a pretty simple, clean cutoff there.
9:02And you'll see a similar dip with targets per rush as you do position wide.
9:07But we've actually seen a sub 0.24 mark each of the last two years.
9:12If you look at just the super relevant fantasy running backs.
9:16But of course, that coincides with a league wide drop in pass rate.
9:20So we can say that the most important backs for fantasy football have been seeing a decline in their ratios as well.
9:28So that kind of inherently tells us like this is, you know, relevant.
9:32It's not just sort of the throwaway backs getting, you know, fewer targets and more carries.
9:38Perhaps it's also impacting the guys who, you know, we care about weekly, you know, the top sort of like 36 players.
9:46So, you know, and one of the things here is we're seeing a similar number of backs getting to 10 PPR points per game.
9:54But they're doing it a little bit less because if they're receiving, of course, there's more to the puzzle than than just that.
10:02Which I think, again, it was like you kind of I was like peeling back layer after layer as I got here.
10:10So, you know, similar number of backs getting to that fantasy relevant cutoff.
10:14But obviously the pass catching is down. So I think there was a little more to it.
10:20Yeah, I mean, and one of the things that you sort of talked about in the newsletter that I think is really
10:28interesting and something that I think, you know, I've mentioned maybe in like passing, but there wasn't that much hard data to
10:36establish it and to talk through it. But there's, you know, the passing game specialist that we used to be able to
10:43rely on more in like zero RB builds. I mean, like Chris Thompson back in the day was like a legit viable
10:51PPR RB to option just because he was he was, you know, the PPR scammer, you know, as you noted earlier.
10:59So so what is the data say about those past game specialists?
11:03It's a real bummer because I love these guys.
11:06Like I, you know, when my on my, you know, most my longest running home league switch to full PPR and, you
11:14know, you're playing three receivers plus a flex. It's like, you know, it was the height of zero RB.
11:20I was like, cool, I'll kind of get like that anchor running back with some pass catching, but I can get to
11:28recall and or Theo Reddick or Chris Thompson or James Whiting get like 11 PPR points per game just because he's just kind of getting these check downs.
11:38And it's like, you know, where did these guys go?
11:41Right. Like, is it just sort of a temporary shift?
11:45Was I over like romanticizing how many of these guys there were?
11:49But so I dug in, you know, try to look for that hard data, as you mentioned.
11:55And so what I did was look for running backs over the last 10 years with 8.5 or fewer carries per game.
12:03So around 150 carries per 17 games. But they still managed at least 10 PPR points per game.
12:09So if I looked at some sort of ratio of pass catching, we would include it like Christian McCaffrey and Alvin Kamara types, which isn't what we wanted.
12:19So I did segment it by rushing volume here.
12:22And so that leaves 32 seasons the past decade.
12:25The guys who made multiple appearances, just a, you know, a real who's who of the types of names we're talking about,
12:33but Austin Eckler, James White, JD McKissick, Naeem Hines, Rex Burkhead, and Tariq Cohen.
12:38So exactly the types of players that we would be thinking of.
12:42But out of these 32 seasons, just seven have come over the last five years, and we didn't even have one in 2023.
12:50So we went from 5.0 instances per season of running back getting at least 10 PPR points per game on 8.5 or
12:58fewer carries per game from 2016 to 2020 to 1.4 over the last five years.
13:03So it's not fully like that these players don't exist anymore.
13:07Kenneth Gainwell got there in 2025. Austin Eckler and Zach Charbonnet did in 2024.
13:12But it's a rare archetype now. And I think, like, if you just left it there, it's like, okay, that's interesting, but it's not super helpful.
13:21Just maybe, like, you can't find the free PPR points at the end of the draft or, you know, in, like, the mid rounds.
13:29But again, it was just, like, layer after layer.
13:32I think there's more to the story. Yeah. Okay.
13:35So to sum up where we're at right now, we're not necessarily seeing fewer fantasy-relevant running backs, right?
13:42The running backs are still kind of doing their thing, scoring a similar number of points, let's say, at the threshold that we were looking at.
13:51But we are seeing fewer past game specialists, right?
13:54And so, you know, my biggest question is where is that production going?
13:58And even still, like, we are seeing this decrease in target share.
14:03But it's not, like, a 3% decrease in target share running back, right?
14:07Like, there's still, like, running backs are still being, like, the bigger issue with, like, the heavy personnel seems to be more wide receiver-driven.
14:16In terms of, like, the decline in target share.
14:19So, but running back has seen a little bit of a decline.
14:23But I guess my question is, we're seeing these fantasy-relevant running backs.
14:27We're not seeing it from these pass-catching specialists. So where is all that running back production going?
14:33Yeah. So, you know, I made a hypothesis. I was like, well, it's probably just going to, like, these featured backs who are staying healthy.
14:42And that is sort of the end of the story.
14:45I was wrong. That's not really the case. Like, yeah, when Jameer Gibbs and Bijon and Christian McCaffrey are healthy, they're going
14:53to have big target shares and eat up a lot of the overall targets.
14:58And it's partially, like, it's partly true. Yeah. You know, these guys exist.
15:03And when they do, they're, again, just accounting for a lot of the receiving.
15:07But there's been, like, a slight dip in their rushing workloads.
15:11If you look at, like, the high-volume rushers. So players averaging at least 15 carries per game.
15:17To get real, like, semantics based here. Like, the featured backs are seeing a slightly diminished roll by about 0.4 carries and 0.4 targets per game.
15:26But that also kind of just coincides. We're seeing a dip in overall play volume.
15:32You know, clock's always moving because teams are just running the ball.
15:36Yeah. More efficient passing. So I don't really want to get stuck on that point.
15:41And, again, that 0.4 carries and 0.4 targets compares 2016 to 2020, that five-year sample, and then 2021 to 2025.
15:48So I'm not really, like, ringing alarm bells there.
15:51But what we have seen is that a medium-volume running back is just getting more carries and more targets.
15:58So, you know, I had the 8.5 carry per game cutoff for pass-catching running backs.
16:03And then the high-volume sort of the featured backs getting 15-plus carries per game.
16:08That's about 250 carries over a full season. So if you think about it, like, 150 carry backs and lower, 250 carries and higher.
16:16There's a pretty, like, big, relevant, you know, now mid-range between 150 and 250 carries.
16:22And that's really the types of players we've seen benefiting.
16:25So from that 2016 to 2020 sample and from 2021 to 2025, if you just split these up into five-year buckets, basically
16:3333 relevant backs, you know, per season in each sample.
16:36Technically, slightly more recently, which is interesting. But if you imagine, like, a pie of those 33 players each season, from 2016
16:44to 2020, 13 of those on average were high-volume rushers.
16:48In the five-year, the recent sample, it's still 13.
16:51So we're not seeing more of these high-volume rushers getting there.
16:55The low-volume rushers, as we already mentioned, went from five per season to 1.4 per season.
17:00So it basically just leaves the medium-volume guys who went up from about 15 to about 19 per season.
17:07So it's not, like, groundbreaking. It's not like, hey, the only players who are relevant are, like, these weird, you know, you
17:15have to have exactly 200 carries per season. That's not what it is.
17:19But what I think is interesting is that we're not just seeing it funneled to the featured players, which you could probably
17:27dismiss as, like, yeah, they're healthier, so they're just seeing bigger workloads.
17:31It seems like there's a pretty concentrated effort or just a shift in philosophy where maybe you can't really get on the
17:39field if all you can do is catch the ball.
17:42As personnels are getting heavier, you probably need to be able to handle 10, 12 carries a game and get, like, you
17:50know, two, three, four targets per game. So as you continue to think about this, you kind of will see the types
17:58of players who are more relevant and why we might not have some of the, frankly, smaller, shiftier, you know, PPR running backs still being relevant today.
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19:22Do you think that this means, because look, we just did the draft guide and spoiler alert, a lot of the trends
19:29that we look for in our ADP analysis leans towards, hey, the market is not factoring in pass catching nearly enough with these running backs.
19:38Therefore, go after these running backs that had good previous season target shares, good previous season yards per outrun rates.
19:45Do you think that that no longer matters because this RB2 group is seeing such a boost in overall volume and they're becoming more relevant?
19:54Or do you think it matters more because receiving is just not as easy to come by anymore with some of these later round guys?
20:03Yeah, it's the complete wrong takeaway to walk away from something like this and say that receiving matters less.
20:09It matters just as much, if not more, but just in a different way than we've kind of grown used to.
20:17So I'm going to shout out our boy, Jim Sonis here.
20:20Yeah. But he's my longtime podcast co-host and he used a metric.
20:25I mean, it's pretty simple metric, but he just called it adjusted opportunities.
20:29And what he did with adjusted opportunities was take a player's carries at running back and their targets and multiply their targets
20:37by X so that a player's workload kind of actually, you know, accounted for, you know, average fantasy points.
20:44So if you were on a half PPR site, it's about double.
20:48You would double players targets compared to his carry.
20:51But in PPR leagues, that ratio is basically 2.5.
20:54So since 2016, the average running back carry has been worth about 0.6 fantasy points.
20:59But the average target across the position is like up over 1.5.
21:03I mean, you just think about like catch rates like 75%, right?
21:08You get a target, you got like 75% chance to get a PPR point, which is better than a carry.
21:15Now, of course, you're not yards and plus the touchdown.
21:18Yes, exactly. Right. So it's like at a baseline, it's like, yeah, targets are really valuable for especially at running back in terms of just getting a point.
21:28But it's not about find the guys who get more targets than carries.
21:33Like that's never really the case. You want carries, but you also want the target.
21:38So and we know that like that's just how a traditional workload goes.
21:42But when you contextualize the workloads, you see how valuable targets still are at running back.
21:48And that's really starting to impact the way because again, that the this simple thought process of how how valuable a target
21:56is at running back is why players like Austin Eckler and Chris Thompson could just get their way to points without having the carries.
22:04Because, you know, one carry is equal to four targets or whatever.
22:08So this is really starting to take shape for how I'm looking at 2026.
22:13Yeah. How is it impacting your draft strategy in general?
22:17I mean, I would imagine you're sitting here and you might not have as easy of a time getting late round running backs.
22:25Like, is that is that sort of the way that you're you're viewing this?
22:30So I think the real shift here for me is there are still a few guys who I think fit.
22:37I'll start here. I think there are a few guys who fit the historical mold of a PPR specialist players who might
22:44not crack 150 carries, but still have good receiving roles.
22:48Rashad White is the first one that comes to mind.
22:51Yeah. Yeah. He could be like the guy, you know, who just again, PPR scams his way to like a relevant season without getting a ton of carries.
23:01Alvin Kamara, as we know, we don't really know, but he could be someone who gets he could, you know, he could be top top 10 in targets.
23:11We don't know because Travis Etienne, I think he's a viable pass catcher, but he's I think his role as a pass
23:19catcher is always overstated, which is interesting. Kenneth Gainwell again, RJ Harvey.
23:23There's like a path for Ty J. I feel like Ty J.
23:27Spears in the past would have been such an obvious he's going to get three, four catches a game, you know, that kind of thing.
23:36But we're past the point where Dylan Samson types are going to have their their opportunity to get seven targets a game,
23:43just kind of not how it works. Yeah. So it's not that like it's not that nobody with this archetype can be fantasy relevant.
23:52I think it's just a shorter list than we're used to historically.
23:56And what this really does is puts the spotlight on those backs who are projected more for like 200 carries.
24:03Who have receiving juice. I think the easiest player to think about is Jalen Warren, whereas Jalen Warren probably historically would have been.
24:11In the PPR merchant like bucket, but because he's able to handle carries, he is a relevant player.
24:17He's he's been at 149, 120 and then 211 carries over his last three seasons.
24:23I think if he weren't if he was not able to handle 200 carries, he would just sort of get phased out.
24:30Yeah. And whenever you extrapolate that kind of thought process, you see more names and Aaron Jones type.
24:37It doesn't seem like he's just set for massive rushing volume, but we know he can handle 10, 12, 14 carries if he needs to.
24:45Ramondre Stevenson, I'll throw a Travion Henderson in there, Chuba Hubbard.
24:49I think that like another way to sum this up other than the Jalen Warren archetype is that historically I would have
24:57been out on having Travion and Ramondre together. But this is like a new balanced workload that is leading to relevant seasons
25:05when it comes to pass catching running backs, because they both can handle carries and targets.
25:10And so one thing I also want to point out here is any any zero RB truthers who are like, well, we've
25:18been running hot with running back injuries. These are also the types of players who should be able to handle featured workloads if somebody else gets hurt.
25:27I think that's like I think that is a huge piece of this puzzle that we're probably not.
25:34If you look if you look team by team, go down the depth chart.
25:39You're probably not seeing the amount of if the starter is hurt, they're going to give this player, you know, the two
25:46down work and somebody else the pass catching work.
25:50You know, I just don't think there's a lot of those scenarios.
25:54I think it's if you don't have both, you're probably not going to see the field as much because personnel is getting heavier overall.
26:02So this take this makes players like Camp Scadaboo really interesting.
26:06He's not going to be the highest volume pass catcher, but he has the juice and he can handle workloads.
26:13Chase Brown. I know you're you know, you've been high on Chase Brown.
26:18Yeah, the emerging is like the type of player who he doesn't have the full Christian McCaffrey workload, but he's so far
26:25in a way better of a profile than someone who just has like the two down work.
26:31And so if you on the flip side, like a Jadarian Price, J.K.
26:36Dobbins, David Montgomery, these guys probably don't have that in their range of outcomes.
26:41And so it's not that like you can just get Woody Marks instead of David Montgomery and replace his workload.
26:48It's more that there are players who have that they have to have this rushing, I think, nowadays to be on the
26:55field in order to have the pass catching that they need.
26:59So I think the like the biggest takeaway is those middle like the middle round guys with sort of ambiguous situations or not feature roles.
27:08They're actually getting more relevant because it's such as it's a it's a valuable archetype to be able to handle like a mini featured back role.
27:17Yeah, that makes a ton of sense. And I also think that number one, this is part of the reason that we've
27:25seen, you know, aside from, you know, I do think that running back injury rates have run a little bit hot, but
27:32I don't think that that's the the soul. Like you said, the reason that we can look at how predictive and how
27:40strong running back has been the last couple of years and just kind of leave it at that.
27:46I definitely kind of overrated that a little bit last year.
27:50But then, you know, when thinking about it more and seeing trends and thinking about it from through this lens, I don't
27:58think that that's the only reason why we should be going or, you know, that that that we've seen what we've seen with running back.
28:07But then on top of that, like I think that running back has just become as a result of all of this, right?
28:15Like there's there's a drop off that happens, but instead of it happening at the dead zone, it's happening later, right?
28:22It's happening not quite at the dead zone. It's it's we're not getting the players that we were able to necessarily later back in the day.
28:31And now all of a sudden that changes your draft strategy because, you know, if there are only a handful of guys
28:39that we can really truly feel great about late, right?
28:42Then that means that you have to be the team that gets that player.
28:47And that's really hard to bank on when you're in round one, round two and round three.
28:53And you're deciding if you want to go running back or not, which is why at the very least, I think you
29:01need a running back in the first couple of rounds.
29:05Like I just I it's it's a lot more difficult to go zero RB in this kind of environment.
29:11And then the last thing I want to throw out there, the thing that I love about this most and love the
29:19way that the NFL has sort of moved and shifted and what it means for running back is that the evaluation of
29:27the running back himself is becoming more important in a way because you really need to find the running back.
29:34Like you said, that's almost like a mini bell cow that's able to handle a decent amount of work, but also handle a decent amount through the air.
29:43Right. As opposed to, oh, he's just a passing game specialist.
29:47Like he can find a role somewhere or, you know, he's just an early down bruiser.
29:53We can just fade him no matter what. There's so many more tweeners that we have to be a little bit more
30:01creative with how we're evaluating these these running backs.
30:04And to me, that allows us who are degenerates with this stuff and just really, really detail oriented with it to spot
30:11interesting players that maybe we otherwise wouldn't have drafted, you know?
30:15And so I think it's all incredibly interesting. And I hope people who listen to this thought the same and are walking
30:23away, you know, looking at the running back position a little bit differently.
30:27But Brandon, thank you again for hopping on. Let everyone know where they can find you and the good stuff you're doing
30:35at this company called Late Round Fantasy Football. Yeah, I'm on Twitter at Godula13, on Blue Sky at Godula.
30:42And yeah, everything I do is you can find it on lateround.com.
30:46Sign up for the newsletter. I mean, the reason I'm here is because I did a newsletter on this deep dive.
30:53It's nice to have a visual to all this stuff.
30:57But yeah, everything I'm doing, lateround.com. Yeah, I don't even need to repeat much or say much because Brandon already said it.
31:05Check out lateround.com. Make sure you pre-ordered the draft guide that is launching on July 10th.
31:10So it'll be out on Friday. And if you pre-ordered, probably be out, honestly, on Thursday evening, as I usually do, you know, night before.
31:19So check it out, lateround.com. Otherwise, everyone, thanks for tuning in.
31:23Welcome to Alaska Airlines. We're now flying to London.
31:26So enjoy a cup of tea in your live flat suite and get ready to experience all London has to offer.
31:33Lie back, relax, and let your dreams take flight.
31:36Welcome to Alaska Airlines. Zach, nice vacation spot. But without T-Mobile 5G home internet, it's scary here.
31:42Don't open it. Relax. I ordered T-Mobile 5G home internet with same-day delivery powered by DoorDash.
31:48Nothing to be afraid of. We're saved. Get T-Mobile 5G home internet delivered the same day.
31:54Powered by DoorDash. Just 35 bucks a month with auto pay and a voice line.
31:59Plus taxes and fees. Same-day delivery for most internet-eligible customers.
32:02See if it's an option during checkout. This is an iHeart podcast.
32:07Guaranteed human. This is an iHeart podcast.