Our read
Written Oct 19, from his facts through last season
Leonard has missed all five weeks of 2026 and carries an O designation going into week 6 of 2026, so the 5 games we expected from him before the season have not even started. Behind Daniel Jones and Anthony Richardson on the Indianapolis depth chart, listed third, he needs two things to break his way before a single point is on the table.
The 2025 tape gives you almost nothing to want. Five games, 31 points, QB50 among 81 qualifying quarterbacks, one week above the position's weekly median, a best of 22.6 in week 18 of 2025 and a low of -2 in week 17. He threw no passes worth noting, caught none, and ran it six times all year. The one number that pops, 50% of his touches inside the red zone, comes off a total of one touch. That is a rounding error, not a role.
The structural read is worse. Among players in his spot with a 1.0x touchdown share, scoring dropped 0.7 points a game from one season to the next on average, and nothing in the coaching setup has changed, with Shane Steichen and Jim Bob Cooter both back. Our preseason number was 30 points with a middle range of 11 to 49, and that range assumed games he has not played. He went undrafted on our ADP records before the season, which tells you where the league stood on him. If you are carrying him, the late-season road trip to TEN in week 15 of 2026 and CLE in week 17 of 2026, with CIN at home in week 16 in between, only matters if Jones and Richardson both fall over. Drop him for anyone with a live weekly role.