The Falcons just announced they have re-signed Franks, a cornerback and punt returner and waived/injured wide receiver Tim Toone.
Franks had a strong preseason as a punt returner and appeared to have won that job. He also seemed to be in the competition for the fourth cornerback job with Christopher Owens. But, once Owens got healthy, it became obvious that the Falcons believe his cover skills are better than Franks’. They released Franks last Friday and planned to go with receiver Harry Douglas as their punt returner.
But I think there’s at least a decent chance we could see Franks as the punt returner.