Matt Hibner

Hibner is a Day 3 (R4, #133) rookie TE stash on an elite Ravens offense, but his near-term path is genuinely blocked: Mark Andrews was just extended (3yr/$39M) as the entrenched TE1, veteran Durham Smythe was added, and Hibner must beat rookie Josh Cuevas merely for rotational pass-catching snaps. The dynasty thesis is entirely long-term — the front office has framed him as a potential Andrews successor and the Isaiah Likely receiving vacancy (Likely left for the Giants) is theoretically available down the road. Working against that is a compressed timeline: he's already 24 and TEs rarely produce in years one or two even in good situations. The realistic 2026 outcome is a blocking/rotational role with minimal targets, so his current tier-6 value already prices in optimism about the succession angle. Recommendation: HOLD if rostered as a cheap deep stash, or a speculative low-cost BUY only at a steep discount; this is a 2-3 year dart throw on the Andrews succession, not an actionable near-term asset.