The move comes after the Kansas City Chiefs release Valdes-Scantling in March to save $12 million against the 2024 salary cap.
MVS had spent the last two seasons of his career in Kansas City, helping the Chiefs become the first team since the New England Patriots to win back-to-back Super Bowl titles.
The 29-year-old has proven to be a reliable veteran target. He caught 42 passes for 687 yards and two touchdowns in 2022 and 21 passes for 315 yards and one score in 2023.