QB Ryan Mallett re-signs with the Texans

The Texans have agreed to terms with QB Ryan Mallett, source said.

Update: Mallet signed a two-year, $7 million contract.

Fantasy Impact: 

It looks like the Texans are going to move forward with Mallett and Brian Hoyer, who is also reportedly set to sign with the team (though it's not a done deal). In two games, Mallett completed 41 of 75 passes (54.7%) for 400 yards with two touchdowns and two interceptions before tearing his pectoral muscle. He served as Tom Brady's understudy for three seasons so there is some optimism that he can turn into a quality NFL starter. He'll likely have to beat out Hoyer for the starting job.

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