NFL Preseason Week 3 Takeaways: Josh Jacobs Fallout, Aaron Donald Returns + Stock Watch (Ep. 2165)

September 1, 2026

AI Summary

5 min read

The fantasy football landscape shifted dramatically over the final days of the preseason, driven by two massive developments: the uncertain fate of Josh Jacobs and the shocking return of Aaron Donald to the Rams. The FantasyPros crew—Chris Welsh, Pat Fitzmorris, and Scott Bogman—broke down the fallout, along with key roster moves, a deep dive into a new-look offense, and a final stock watch before the regular season kicks off.

The Josh Jacobs Situation: A Cloud Over Green Bay

The most dominant story of the week was the escalating situation surrounding Packers running back Josh Jacobs. After a video surfaced related to a domestic incident, the NFL placed Jacobs on the Commissioner’s Exempt List, creating a "death blow" for fantasy managers hoping to see him this season. The history of the exempt list is wildly inconsistent, ranging from Adrian Peterson missing 15 games to others being on it for just days. The hosts agreed that the existence of a damning video likely points to a lengthy absence.

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What you'll learn

1 (01:56) **Josh Jacobs Placed on Exempt List** - The panel reacts to the bombshell news that Josh Jacobs was placed on the Commissioner’s Exempt List, discussing the uncertainty of his return and the damning video.
2 (14:05) **Aaron Donald Unretires, Signs with Rams** - The panel analyzes the massive impact of Aaron Donald coming out of retirement to join the Rams on a one-year deal.
3 (21:11) **Seahawks Backfield Clarity: Charbonnet to PUP** - The team discusses the fallout from Zach Charbonnet being placed on the PUP list, opening the door for Jarian Price.
4 (28:24) **Surprising Roster Moves: OBJ Makes Giants, Joe Milton Cut** - The panel reacts to Odell Beckham Jr. making the Giants roster and the shocking release of quarterback Joe Milton by the Cowboys.
5 (34:50) **Macro Preseason Takeaway: Eagles' New-Look Offense** - Fitzmorris shares his biggest takeaway from the preseason, focusing on the Philadelphia Eagles’ offense.
6 (44:16) **Macro Preseason Takeaway: Chargers' Pass-Heavy Shift** - Welsh presents his takeaway that the Los Angeles Chargers offense will be far more pass-heavy than expected under Mike McDaniel.
7 (50:24) **Stock Watch: Tyler Loop (Down)** - Fitzmorris highlights Ravens kicker Tyler Loop as a stock down after missing multiple field goals in the preseason.

+ Full timestamped outline available in the app

Guests on this episode

Chris Welsh Pat Fitzmorris Scott Bogman

Show Notes

NFL Preseason Week 3 is in the books, and Chris Welsh, Pat Fitzmaurice, and Scott Bogman break down the biggest news and fantasy football takeaways from the final preseason action. The Josh Jacobs situation creates major questions in Green Bay, including what it could mean for Marshawn Lloyd, Caleb Johnson, Jordan Love, and the Packers offense.

The guys also react to Aaron Donald coming out of retirement and joining a loaded Rams defense, Zach Charbonnet landing on PUP, and the Cowboys' surprising decision to move on from Joe Milton. Plus, they share their biggest preseason takeaways, including why Justin Herbert could be unleashed in Mike McDaniel's Chargers offense and why Mekhi Lemon is becoming an intriguing name to watch in Philadelphia.

Which Preseason Week 3 developments actually matter, and which players are poised to carry their momentum into the regular season?

Timestamps: (May be off due to ads)

Intro - 0:00:00