McKenzie and the Giants reached agreement Tuesday on a one-year contract,Jordan Raanan of ESPN.com reports.

EDGE Analysis

The deal reunites him with Giants head coach Brian Daboll, who was the offensive coordinator in Buffalo from 2018 to 2021. McKenzie was the Bills' third or fourth WR for much of that time, though his receiving production peaked in 2022 (42-423-4) under OC Ken Dorsey and then crashed in 2023 (11-82-0) when he left for Indianapolis. McKenzie turns 29 in April and may end up contributing more as a return man than wide receiver in New York.

The Colts activated McKenzie from the reserve-suspended list Monday, per the NFL's transaction log.

EDGE Analysis

McKenzie was suspended by Indianapolis on Dec. 19 for conduct detrimental to the team. He did not play in the final three games of the regular season and finished the year with 11 catches on 14 targets for 82 yards over 13 games.

The Colts placed McKenzie on their reserve/suspended list for the remainder of the season Tuesday for conduct detrimental to the team, Nate Atkins of The Indianapolis Star reports.

EDGE Analysis

McKenzie was a healthy scratch for Saturday's game versus the Steelers, and he'll now miss the rest of the year. D.J. Montgomery could see some more reps out of the slot in the meantime.

McKenzie is inactive for Saturday's game against the Steelers.

EDGE Analysis

With McKenzie a healthy scratch Saturday, Michael Pittman, Josh Downs and Alec Pierce will lead the Colts' Week 15 WR corps, with D.J. Montgomery and Ethan Fernea in reserve. McKenzie, who last caught a pass in Week 10, has recorded an 11/82/0 receiving line on 14 targets through 13 contests this season.

McKenzie (toe) was a full participant in Thursday's practice.

EDGE Analysis

The veteran wideout missed Wednesday's practice with a toe injury, but after practicing with no limitations Thursday, it seems as if he's been able to move past the issue. McKenzie has filled a limited offensive role in his first year with Indianapolis, catching 11 of his 14 targets for 82 yards and playing on 14 percent of the team's offensive snaps.

McKenzie (toe) was listed as a nonparticipant on the Colts' practice estimate Wednesday, James Boyd of The Athletic reports.

EDGE Analysis

McKenzie played just five offensive snaps during Sunday's win versus the Buccaneers, and that he may have been nursing a toe injury would be a reasonable explanation for his limited involvement. Indianapolis' injury reports Thursday and Friday will give a better idea of whether he'll be available in Week 13 at Tennessee.

McKenzie had one carry for three yards and didn't have a target in Sunday's win over Tampa Bay. He returned one punt for 13 yards.

EDGE Analysis

McKenzie played just six snaps on offense as he moved back to mostly a special teams role with the top three receivers healthy.

McKenzie reeled in all four of this targets for 31 yards in Sunday's 10-6 win over the Patriots.

EDGE Analysis

McKenzie four receptions on four targets and 31 yards were season-highs in each category. Additionally, the veteran's 46 percent offensive snap share was his highest mark of the 2023 campaign. With that said, McKenzie was unable to take a big leap in his production as fellow wideout Michael Pittman soaked up 12 targets from Gardner Minshew. The 28-year-old McKenzie should continue to stay off the fantasy radar going forward based on his minimal product through 10 games. The Colts enter their Week 11 bye before hosting the Buccaneers on Nov. 26.

McKenzie had two receptions for 12 yards on three targets in Sunday's win at Carolina. He also had three punt returns for an 11-yard average.

EDGE Analysis

McKenzie played a season-high 24 snaps on offense with Josh Downs leaving with a knee injury. McKenzie would likely be the starting slot receiver Sunday against the Patriots in Germany if Downs were to miss the game.

McKenzie had one carry for seven yards but did not have a target in Sunday's loss to Cleveland. He also returned two kickoffs for a 19-yard average and four punts for a 9.5-yard average.

EDGE Analysis

McKenzie left briefly after being checked for a concussion. He played a season-high nine snaps on offense, but that usage isn't enough for viable fantasy value in most leagues outside of those that include return yards.