Jordan Waters

Current Contract

Contract Value Index (CVI)

The Rams secured decent value with Jordan Waters' $1.0M AAV deal, earning a C+ CVI that reflects a fair market transaction for a depth running back. At just over $1 million annually, Waters falls into the sweet spot for backup-caliber rushers who can contribute on special teams and spell the starter when needed. The relatively modest $1.9M total commitment suggests this is likely a short-term prove-it deal, which limits the Rams' downside risk while giving Waters a chance to carve out a larger role. For a team that has consistently found ways to maximize value from their ground game depth chart, this represents solid roster construction rather than a game-changing addition. The C+ CVI indicates the Rams paid appropriate compensation for a player who projects as a reliable third-down option and special teams contributor, avoiding both the overpay trap that often snares teams desperate for backfield help and the bargain-bin signings that rarely pan out.

Performance Analysis

Jordan Waters is a replacement-level running back whose current body of work offers little reason for optimism about a long-term roster spot with the Los Angeles Rams. The most notable production on record is a 2-yard touchdown run — a modest highlight that represents the ceiling of what his game film has shown rather than a launching pad for bigger things. His defensive contribution of one tackle across three games underscores just how limited his offensive opportunities have been, and that stat line tells the full story of a player operating at the fringes of an NFL roster. Waters came in on a reserve/futures deal, which is the league's clearest signal that a player is a camp body competing for a practice squad slot rather than a genuine contributor to the 53-man roster. His rookie season has been defined by scarcity — sparse touches, minimal impact, and ultimately a failure to crack the active roster when it mattered. The Rams' current offseason activity, a wave of late-April signings at multiple positions, reinforces that the front office is cycling through low-risk additions with eyes on training camp competition, and Waters is squarely in that bucket. Without a breakout camp performance, he faces long odds to change the narrative before the regular season kicks off in September.

Fan Sentiment

Jordan Waters is a low-risk, low-reward roster flier for the Rams' backfield depth. Headlines confirm a reserve/futures deal, signaling this is a camp body addition, not a meaningful upgrade. The strongest signal is his highlight being a 2-yard touchdown run — modest proof of concept at best. Fans aren't buzzing; this is the kind of signing that gets noticed only on slow news days. Waters faces long odds to make the 53-man roster when training camp opens.