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Over the past seven seasons, Aaron Rodgers has started at least 15 regular season games six times. Despite not missing significant time more than once, Rodgers has had to deal with various ailments on the field. Just last season he limped through a game against the New Orleans Saints. Rodgers is the best quarterback in the NFL, so if he misses time neither the Packers or his fantasy owners are going to be able to replace him. Making the best of a bad situation is still possible though.
BUY
QB Jay Cutler - Trading for a quarterback to replace Rodgers wouldn't technically be necessary because there will be viable free agents in a standard 12 team league, but for a contending team it could be worth the investment. Jay Cutler isn't a celebrated quarterback in Chicago anymore, but his fantasy potential remains high. According to Fantasy Pros ADP, Cutler is considered the 20th best quarterback in the league. That makes him a low-end backup. In spite of that, his potential to be a high producer in place of Rodgers is still high with Alshon Jeffery, Martellus Bennett, Kevin White and Eddie Royal in position to catch his passes.
HOLD
WR Jordy Nelson - Nelson's value will take a big hit without Rodgers, but his ability to create big plays and win at the catch point will still make him a worthwhile starter with Scott Tolzien(or even Brett Hundley).
TE Richard Rodgers - Andrew Quarless could be the Packers starting tight end ahead of Rodgers, but at this point Rodgers should be considered the favorite. Whoever is the starting tight end in Green Bay will be worth holding onto. With lesser quarterback talents, tight ends can often become greater focal points of the passing game because it's typically easier to get the ball to them to manage situational football.
RB Eddie Lacy - Lacy showed as a rookie that he can be productive without Rodgers in the lineup to draw attention away from him. He is an abrasive runner behind an effective offensive line, not just a benefactor from playing in a great passing offense. Furthermore, his touchdown potential should rise because of his ability as a short-yardage runner and the offense's reluctance to ask a backup quarterback to throw into tight windows in the redzone.
SELL
WR Randall Cobb - Aaron Rodgers can support two elite wide receivers effectively. Scott Tolzien can't. If Rodgers is out for an extended period, it will be worth gauging offers for one of Nelson or Cobb. Nelson would draw more interest, but that's because there is less risk involved with him. Being in a rush to get rid of Cobb would be foolish because he's still an impressive talent as an individual, but if he returns a quality replacement for Rodgers and another piece to offset the loss at receiver or bolster the running back stable, he becomes more of an expendable piece. With Rodgers in the lineup Cobb shouldn't even be considered as a trade piece.
ADD
QB Andy Dalton - There will be many different options to chose from on the waiver wire to replace Rodgers or act as a backup to the backup you are moving into the starting lineup. It can be tough to know who will be rostered and who won't be because there aren't significant gaps between the quarterabcks in the 20-28 range. For the sake of this hypothetical, we'll work off of Fantasy Pros ADP and take away the top 24 options, presuming they are rostered. In this scenario, Nick Foles, Andy Dalton and Robert Griffin III III are the top options. Griffin has the most upside, but he won't be available if the signs are good for him reaching that upside. Dalton and Foles are similar players, but Dalton has many more weapons around him, especially considering Brian Quick's health concerns entering training camp.
DROP
WR Davante Adams - Trading away Davante Adams will be difficult if Rodgers is sidelined. The third receiving option on a team with a backup quarterback and a bell-cow running back to rely on is not an attractive piece. Moving on from Adams for a greater upside play on the waiver wire makes sense.