Here is what is confirmed. The IR move and the Grandy signing are official, and ProFootballTalk and The Athletic's Paul Dehner Jr. both listed the full set of moves. The Bengals also put tight end Josh Kattus on the practice squad injured list and signed Caden Prieskorn, a first-year tight end from Ole Miss, to the practice squad.
The ACL diagnosis is the part still waiting on the team. Rapoport's sources believe it's a tear, but Cincinnati hasn't announced one. If it holds, All's 2026 season is over, since a torn ACL takes far longer than the four games IR requires.
All had three catches for 26 yards against Baltimore and eight catches for 56 yards on the season. That's not lineup volume in most leagues. His value in dynasty and contract formats was always about what he might become, and another major knee injury cuts hard into that.
Grandy is a familiar name in Cincinnati. He spent the last two seasons with the Bengals and caught seven passes for 35 yards in 13 games. He's a depth body, not a fantasy add.
What RSO owners should do now
If you roster All, move him to your IR slot if your league has one and leave him there until the team confirms the diagnosis. If it's a torn ACL and you need cap room or a roster spot, weigh his remaining years and salary against what it would cost to cut him. A cheap rookie deal can be worth holding through rehab. A bigger contract probably isn't.