Fantasy Upside
Randall Cobb remains the slot receiver in one of the most dynamic passing games in the NFL. He also ranked in the top 10 in the league in percentage of targets caught and yards after the catch last season. Jordy Nelson is getting up in age, and while Davante Adams has emerged in the offense, Cobb has a nice rapport with Aaron Rodgers.
Fantasy Downside
Cobb is clearly slipped to the No. 3 spot in the order, as can be seen from his targets—129 in 16 games in 2015 to 84 in 13 games in 2016. He also averaged just 10.4 yards per catch last season and has seen his TDs fall from a career-high 12 in 2014 to just 4 last season. The emergence of Ty Montgomery as the primary ball-carrier also hurts Cobb's value since he runs a lot of the same patterns.
2017 Bottom Line
Cobb was considered a high-end No. 2 to low-end No. 1 receiver just two years ago, but the emergence of other players and the return of Nelson have rendered him much more of a flex player at this point. That being said, he's got a lot more upside as a flex option playing in this offense than your typical player in that position. His current ADP has him going in rounds 8—10, which sounds about right. He's still just 26, and if Nelson or Adams were to miss time, you could be looking at a fantasy star once again.