Fantasy Upside
While Lamar Miller was signed to handle a true featured role and Alfred Blue is the clear-cut backup, Grimes has proven to be very effective in a limited role in Houston. Despite being limited to 56 carries last year, he still racked up a solid rushing 282 yards -- putting him at a solid 5.0 yards per carry. In addition, he's a capable receiver as demonstrated by his 26-catch, 173-yard, one-touchdown receiving line in 2015. Grimes was also had some runs taking the snap directly from center a last year, suggesting a versatility that HC Bill O'Brien is willing to exploit on occasion. In addition, Grimes has only one fumble on his 158 career touches.
Fantasy Downside
The question this year, especially with the addition of rookie Tyler Irvin, is one of opportunity. Will he see enough action to satisfy fantasy owners? That seems unlikely.
2016 Bottom Line
While redraft owners won't be in a hurry to land Grimes, the above-mentioned versatility is interesting if there are injuries to either Miller or Blue (or both).