Fantasy football sleepers: QB | RB | WR | TE | PK | DT

Undervalued

Brandon Lloyd | New England Patriots | ADP: 7th round

2012 Projected NFL/Fantasy Football Statistics

Lloyd's ADP suggests he may not be undervalued so much, and we write this as more of a reminder for the novice owner.

Reunited and it feels so good ... Lloyd and OC Josh McDaniels are a tandem once again. Fantasy owners can forget what happened last year, even though Lloyd toughed it out in a miserable situation (two of them, really).

The veteran wideout produced career numbers in 2010 in Denver with McDaniels calling the plays, and now he has the best quarterback of his career chucking the ball his way. There are a lot of mouths to feed in New England, but we fully expect a regression by tight ends Rob Gronkowski and Aaron Hernandez this year.

Make no mistake, this passing game runs through Wes Welker. That doesn't mean Lloyd cannot be a nice complementary player as a deep threat for Tom Brady. The weekly reception figures probably won't be exciting, but Lloyd can pick up yardage in lots and shouldn't be a foreigner to the end zone.

Draft him as a third fantasy receiver; his value is at its peak in non-PPR arrangements.

Reggie Wayne | Indianapolis Colts | ADP: 8th round

2012 Projected NFL/Fantasy Football Statistics

Andrew Luck has to throw to someone, right? Wayne's numbers suffered in a big way last year as the Colts played one quarterback after another in effort to "replace" Peyton Manning. Stability at the position, even if it comes from a rookie, will be welcomed.

Wayne doesn't necessarily have the gitty-up he once did, but he remains a viable possession receiver and is savvy near the stripe. Count on an abundance of receptions that may not go for much yardage.

Owners in point-per-reception leagues should consider Wayne a passable No. 2 or a quality third choice.

Wayne still has enough left in the tank to contribute

Mike Williams | Tampa Bay Buccaneers | ADP: 10th round

2012 Projected NFL/Fantasy Football Statistics

The presence of Vincent Jackson will open up a lot of one-on-one looks for Williams, who is more than capable of exploiting No. 2 cornerbacks. Last year, everything went wrong for the Bucs, but 2012 is a new year and brings all sorts of optimism.

Josh Freeman should be better. The offensive line has the potential to be the best in the league. The running game figures to see improvement. The divisional opponents can be passed on, and the overall schedule is promising.

Williams should be selected as a strong third receiver with the potential to be even better in the best-case scenario. The offense will maintain a commitment to the run, but this team is built to pass the rock with success. Consider him as early as the seventh round if you are fearful of losing out on him.

Darrius Heyward-Bey | Oakland Raiders | ADP: 9th round

2012 Projected NFL/Fantasy Football Statistics

Heyward-Bey enjoyed his best pro season in 2011 (64-975-4). A great deal of his production came after Carson Palmer took over at quarterback. While the team has changed coaches and installed a new offense (West Coast system), this quarterback-wide receiver duo has the entire offseason to work on honing their chemistry.

DHB is a speedster and has worked extremely hard to improve his hands after several years of problems with dropped passes. The Raiders have up-and-coming talent around him to alleviate some of the pressure of being a No. 1 receiver, and, perhaps, enjoying success last year also helped lessen the stress of being such a high draft choice.

We expect Heyward-Bey will improve slightly on last year's totals; even a mild improvement isn't such a bad thing considering where he has been in his young career. Choose him as a low-end third or ideal fourth receiver in all scoring setups.