Patriots RB Rhamondre Stevenson has been diagnosed with a high-ankle sprain, ESPN's Adam Schefter reports. A source tells Schefter that Stevenson is expected to miss "a few weeks." High-ankle sprains generally cost RBs 4+ games, so don't be surprised if Stevenson misses the rest of the season. He's droppable in most fantasy leagues without an IR spot. Stevenson's absence will leave Ezekiel Elliott as New England's clear lead back -- in a true test of whether pure volume can support a fantasy RB. New England has RBs Jamycal Hasty and Ty Montgomery behind Elliott on the active roster, with RB Kevin Harris on the practice squad.

On Tuesday, ESPN's Jeremy Fowler reported that the Patriots have cut RB Kevin Harris. The 2022 sixth-round pick saw minor involvement as a rookie, tallying 18 carries for 52 rushing yards and a single TD in five games. The team also released veteran Ty Montgomery. These moves come two days after New England traded fellow 2022 rookie Pierre Strong Jr. to the Browns, leaving the depth behind RBs Rhamondre Stevenson and Ezekiel Elliott as somewhat of a question mark. It's unclear who will be the depth behind the aforementioned pair, though the RB3 on the Patriots' depth chart is probably not fantasy-relevant without injury, anyhow.

NFL Network's Ian Rapoport reports that the Patriots have traded RB Pierre Strong to the Browns for OT Tyrone Wheatley Jr. Cleveland has spent August thin at RB behind Nick Chubb, with Jerome Ford out nursing a hamstring injury. ESPN's Jake Trotter projected Demetric Felton as the third RB behind Chubb and Ford before this move. The trade doesn't guarantee that Strong makes the regular-season roster. But he should be a good bet to do so. Given that Ford has just eight career NFL touches on offense, it's an upside landing spot for Strong. His departure from a Patriots roster he was expected to make leaves room for at least one among Kevin Harris, Ty Montgomery, and J.J. Taylor behind Rhamondre Stevenson and Ezekiel Elliott.

The Patriots are set to sign RB Ezekiel Elliott to a one-year deal worth "up to" $6 million, NFL Network reports. We'll see about the actual details of the contract but doubt the base value is anywhere close to $6 million. Elliott's name is much bigger than his game at this point. The 28-year-old averaged a career-low 3.8 yards per carry last season, ranking 43rd among 48 qualifiers in NFL Next Gen Stats' Rush Yards Over Expected Per Attempt. His usage and production plummeted in the passing game, too. Elliott caught just 17 of 23 targets for 92 yards (5.4 YPC) and 0 TDs. The Patriots have been flirting with free-agent RBs for a while now -- seemingly in large part because depth RBs Pierre Strong and Kevin Harris have failed to emerge. The Elliott signing is more about those guys than lead RB Rhamondre Stevenson. Zeke's arrival adds some risk to Stevenson's 2023 fantasy outlook. But Stevenson was more effective by basically any metric last year -- as a runner and pass-catcher -- and should remain the Patriots' clear backfield leader. Elliott looks more like a Stevenson handcuff than standalone fantasy option. But we'll keep an eye on New England's plans.

Update: Per ESPN's Adam Schefter, the deal carries $3 million in base salary, $1 million in signing bonus, and incentives that can take it to $6 million.