In addition to WR Sterling Shepard being out Thursday at New England and RB Saquon Barkley being unlikely to play, there’s also a real chance the Giants will be without TE Evan Engram, who is dealing with a sprained MCL, per source. It’ll be a challenge for Engram to play at NE.
Of course the Giants will also be without WR Sterling Shepard against a NE defense allowing 6.8 points per game. Ellison is next up on the depth chart at TE but it's just not a great situation for owners to be counting on Ellison.
NYG TE Rhett Ellison - Week 14 Fantasy Football Outlook
Week 14 at Washington Redskins
Rhett Ellison had four catches for 42 yards last week against the Bears. Those seem like top-end numbers for the veteran backup, as it was his second-largest yardage total of the year, despite the frequent absence of Evan Engram from the lineup. Ellison’s seven targets last week make him a reasonable desperation streaming option in large leagues, but in most cases, he should remain on waivers.
With Engram set to play, Ellison's fantasy value went from limited to miniscule. He should definitely be on waivers.