Team Intelligence · NFC South · 2026 preseason

The Market Is Buying New Orleans as the 23rd Offense. The Model Has It 2nd.

The model forecasts a middle-of-the-league offense — 24.5 points a game, 12th — with its best fantasy real estate at running back (9th), and the market is still buying it as the 23rd offense to own, 21 places behind where the model has it. Comparable offenses have supported 2.9 fantasy starters.

ADY
Auto Draft Years
17 August 2026 · 9 min read
24.5
proj points/game (12th)
2.9
expected fantasy starters
RB 9th
relative strength
+21
market vs model, in places

The short version

  • 2026 forecast: 24.5 points a game (12th), moves +6.5 points a game against 2025.
  • Relative strength running back (9th); relative weakness tight end (12th).
  • Comparable offenses supported 2.9 fantasy starters (bear 2, bull 4).
  • Market vs model: underpriced — 21 places apart.
  • No player on this roster clears the bar as a buy.

New Orleans Saints scored 18.0 points a game in 2025, 28th in the league. The model forecasts 24.5 for 2026, 12th. Every page in this series then asks the same two questions of that forecast — how many fantasy starters does an offense like this actually support, and is the market charging the right price for them — and answers both from the data rather than from the shape of the template. So the question for New Orleans is a pricing question: the model and the market disagree about this whole offense by 21 league places, and someone is wrong.

Who this offense actually is

Over 2021–2025 this offense scored 21.4/19.4/23.6/19.9/18.0 points a game and threw on 49.7/52.3/55.8/55.4/57.6 percent of its snaps. Two separate readings come out of that. Its level: 18.0 in 2025, 2.5 points below its own five-year mean of 20.5. Its trend: a five-year slope of -0.6 points a season, which is flat. Those are two different statements, and here they disagree — the level moved, the direction did not.

Across the same window it has thrown more and more (+1.9 points of pass rate a season). In 2025 it ran 60.4 snaps from scrimmage a game, 11th in the league. That is play volume, not pace: it counts snaps, and snaps are driven as much by first downs, turnovers and game script as by how fast a team chooses to play. Genuine situation-neutral pace is not in this dataset, so this series does not claim it.

Five-year trajectory
New Orleans Saints: scoring, pass rate and volume, 2021–2026
Solid line is points per game against the left axis; dashed lines are pass rate (right axis) and snaps from scrimmage.
The 2026 point on each line is the model's forecast, not an actual.

What changed, and why

Running back moves from Alvin Kamara to Travis Etienne and quarterback, receiver and tight end stay where they were. The model's scoring forecast moves +6.5 points a game against 2025, with pass rate -2 points and snaps +1.1 a game. The forecast delta is the result of those changes; the job changes above are the cause.

The roster moves behind it: Travis Etienne comes in from JAX, 254 PPR points last year and Jordyn Tyson arrives as a rookie at pick 82.

Coordinator, scheme and offensive-line movement are not in this dataset and are not recorded for this team. They are left blank rather than guessed at.

2025 to 2026
Where the forecast moves
Percentage change against last season's actuals.
Bars are the forecast's own movement; the roster changes above are what the model is responding to.

Where the fantasy points go

For 2026 the model grades this offense QB 11th, RB 9th, WR 11th, TE 12th. Its relative strength is running back — 9th, a top-10 environment. Its relative weakness is tight end — 12th, an above-average environment. Note what that does not mean: tight end is this team's relative weakness and still ranks 12th in the league. Relative weakness is not weakness.

Position environment
New Orleans Saints 2026 grades by position
Bars are inverted league rank, so taller is better. Green is top-10, red is bottom-10.
An environment grade is a thumb on the scale for a close call, not a ranking of the players in it.
Offensive pie against opportunity concentration
New Orleans — large pie, concentrated
Horizontal: how many fantasy points this offense has to give out. Vertical: how tightly its projected points sit on its top two skill players.
Small pie · concentratedLarge pie · concentratedSmall pie · distributedLarge pie · distributedNO
100% of this offense's projected skill points sit on its top two players, against a league median of 63%. Worth being precise about what this axis does: across 320 historical team-seasons concentration has almost no relationship with how many fantasy starters an offense produces (r = −0.07). The size of the pie decides how many; concentration only decides who.

What the market believes, and whether it is wrong

Every roster in the league is priced twice: once at the market's ranks and once at the model's, both converted to expected fantasy points a game through the empirical price curve — what a player at that rank has actually returned, 2016–2025. Ranks are not linear in value, so summing them would flatter deep rosters and undersell top-heavy ones; points are.

The claim is available here. Priced at market ranks this roster is the 23rd most valuable in the league; priced at the model's ranks it is 2nd. That is a 21-place gap in the model's favour, and the roster's own disagreements point the same way. This offense is underpriced.

The biggest individual disagreements on this roster: Chris Olave (+7), Tyler Shough (+6) and Jordyn Tyson (-3).

What offenses like this one have produced

Take the 2026 forecast — 24.5 points, 55.6% pass rate, 61.5 snaps, 3.5 red-zone trips — and find the 30 most similar offenses among all 320 team-seasons from 2016 to 2025. Closest matches: San Francisco 49ers 2025 (24.5 PPG, 3 starters); Houston Texans 2019 (23.9 PPG, 3 starters); Indianapolis Colts 2023 (23.3 PPG, 1 starters); Carolina Panthers 2018 (23.5 PPG, 2 starters).

Those offenses produced a top-12 quarterback 53% of the time, two top-24 backs 77%, three top-36 receivers 87%, and a top-12 tight end 33%. That is where the starter count below comes from — it is measured off comparable offenses, not asserted.

2.9
expected fantasy starters
Bear2
Base3
Bull4

Read off the 30 most similar offenses in 2016–2025, not asserted. A starter is a QB1, an RB2, a WR3 or a TE1 — top 12, 24, 36 and 12 at the position. Across all 320 team-seasons the average offense produced 2.6.

The player board

The model and the market agree about every player on this roster who is priced inside the first dozen rounds. That is a finding, not a gap in the analysis: it means the environment work above is the whole of the edge here, and there is no price argument to add to it.

PlayerADPMarketModelEdgePPGRoleRiskCall
Chris OlaveWR29WR12WR9+71479MediumFAIR PRICE
Travis EtienneRB43RB22RB17+21281MediumFAIR PRICE
Jordyn TysonWR82WR36WR41-371MediumFAIR PRICE
Tyler ShoughQB126QB20QB11+61573LowFAIR PRICE
Juwan JohnsonTE154TE19TE18970MediumTHIN MARKET
Alvin KamaraRB159RB52RB80666HighTHIN MARKET

Market and Model are ranks within the position. Edge is the model's position rank against the market's, after removing the drift that affects every player at that price — so it reads as “the model likes him this many places more than it likes the typical player who costs this much.” A call needs the edge to clear the position's bar (QB 7, RB 13, WR 11, TE 5 places), set at two-thirds of that position's own spread.

Model against market
Disagreement, in position places
Positive means the model ranks him higher than his price implies; negative means the market is paying ahead of the model.
Bars are the de-drifted edge — the same number the calls in the table are made from.

The three decisions

NO BUY
Nobody clears the bar
The closest is Chris Olave at +7 position places, short of the threshold. Forcing a buy here would be the template writing, not the model.
FAIR PRICE
Travis Etienne
Travis Etienne is priced at pick 43 (RB22); the model has him RB17. What fired: the model and the market land within a few position places of each other, a projected role scoring 81 of 100 and a 9th-ranked RB environment behind him.
NO FADE
Nothing here is overpriced
No player on this roster is priced far enough ahead of the model to call a fade.

What would make this page wrong

  • The scoring move doesn't happen. The forecast asks this offense for +6.5 points a game against 2025. If it simply repeats last season, the starter count below falls back toward what a 18.0-point offense supports.
  • The price gap closes before you draft. The 21-place gap is measured against today's board; ADP moves through August.

The one thing to watch in-season

Watch red-zone trips per game. The forecast has it at 3.5 against 2.6 last season, and it is the input moving furthest from what this offense actually did. If it holds through the first month, the starter count on this page holds with it. If it snaps back, everything downstream of the forecast — the environment grades, the capacity number, the calls — moves with it.

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Sources: Auto Draft Years FF Model workbook — Team Data By Year, Team Stat Ranking, 2026 Team Context; Auto Draft Years 2026 consensus board (16 authoritative market sources); Player outcomes 2016–2025, Pro Football Reference via the project dataset. Team environment grades, forecasts and player model ranks are proprietary. Every figure on this page is generated from the dataset at build time; none is typed in by hand.