How does Mike Wallace’s holdout affect his status on the rankings?  How should we value injured receivers like Hakeem Nicks and Miles Austin?   Which under-the-radar options should be on your radar for Week 1?  Let’s answer all those questions by taking a look at our rankings:

1. Calvin Johnson – Detroit Lions – vs. St. Louis
2. Victor Cruz – New York Giants – vs. Dallas
3. Andre Johnson – Houston Texans – vs. Miami
4. Roddy White – Atlanta Falcons – at Kansas City
5. Larry Fitzgerald – Arizona Cardinals – vs. Seattle
6. Dez Bryant – Dallas Cowboys – at New York Giants
7. Wes Welker – New England Patriots – at Tennessee
8. Greg Jennings – Green Bay Packers – vs. San Francisco
9. Julio Jones – Atlanta Falcons – at Kansas City
10. Hakeem Nicks – New York Giants – vs. Dallas
11. Brandon Marshall – Chicago Bears – vs. Indianapolis
12. Jordy Nelson – Green Bay Packers – vs. San Francisco
13. Steve Smith – Carolina Panthers – at Tampa Bay
14. Miles Austin – Dallas Cowboys – at New York Giants
15. A.J. Green – Cincinnati Bengals – at Baltimore
16. Torrey Smith – Baltimore Ravens – vs. Cincinnati
17. Percy Harvin – Minnesota Vikings – vs. Jacksonville
18. Marques Colston – New Orleans Saints – vs. Washington
19. Vincent Jackson – Tampa Bay Buccaneers – vs. Carolina
20. Dwayne Bowe – Kansas City Chiefs – vs. Atlanta
21. Antonio Brown – Pittsburgh Steelers – at Denver
22. Reggie Wayne – Indianapolis Colts – at Chicago
23. Jeremy Maclin – Philadelphia Eagles – at Cleveland
24. Stevie Johnson – Buffalo Bills – at New York Jets
25. Eric Decker – Denver Broncos – vs. Pittsburgh
26. Malcolm Floyd – San Diego Chargers – at Oakland
27. Pierre Garcon – Washington Redskins – at New Orleans
28. DeSean Jackson – Philadelphia Eagles – at Cleveland
29. Demaryius Thomas – Denver Broncos – vs. Pittsburgh
30. Brandon Lloyd – New England Patriots – at Tennessee
31. Nate Washington – Tennessee Titans – vs. New England
32. Mike Wallace – Pittsburgh Steelers – at Denver
33. Titus Young – Detroit Lions – vs. St. Louis
34. Darrius Heyward-Bey – Oakland Raiders – vs. San Diego
35. Greg Little – Cleveland Browns – vs. Philadelphia
36. Justin Blackmon – Jacksonville Jaguars – at Minnesota
37. Santoino Holmes – New York Jets – vs. Buffalo
38. Anquan Boldin – Baltimore Ravens – vs. Cincinnati
39. Kendall Wright – Tennessee Titans – vs. New England
40. Mike Williams – Tampa Bay Buccaneers – vs. Carolina
41. Michael Crabtree – San Francisco 49ers – at Green Bay
42. Laurent Robinson – Jacksonville Jaguars – at Minnesota
43. Davone Bess – Miami Dolphins – at Houston
44. Santana Moss – Washington Redskins – at New Orleans
45. Denarius Moore – Oakland Raiders – vs. San Diego
46. Sidney Rice – Seattle Seahawks – at Arizona
47. Steve Smith – St. Louis Rams – at Detroit
48. Robert Meachem – San Diego Chargers – at Oakland
49. Lance Moore – New Orleans Saints – vs. Washington
50. Brandon LaFell – Carolina Panthers – at Tampa Bay

Thoughts:

• We all know the Giants secondary is questionable, especially with the injuries, which will make both Dez Bryant and Mile Austin (if healthy) favorable options.  Of course, the Giants’ vaunted pass rush could help to limit Tony Romo and company’s ability to produce.  Just be careful before we dub them Top 5 options.
• If Hakeem Nicks is healthy (and it appears that he is), he will get another chance to rack up some big plays against the Cowboys.  In two games against Dallas last season Nicks had 13 receptions for 239 yards and 1 TD while his teammate Victor Cruz had 12 catches for 252 yards and 1 TD.  Yes, the Cowboys made an effort to improve their secondary, but there is every reason to think that the Giants duo will once again wreak havoc.  While the health concerns have Cruz ahead on the rankings, both are must use options and arguably WR1.
• San Francisco’s defense may be the best in the league, but they are much better against the run than the pass.  Plus, does anyone really believe they can shut down the Packers passing attack?  Slow it, maybe, but not stop it.  Greg Jennings and Jordy Nelson should remain top options despite the matchup.
• Normally the Chiefs boast one of the elite defensive backs in the league in Brandon Flowers, but right now it is a huge question mark if he plays.  He missed the entire preseason with a foot injury so, even if he does play, will he really be 100%?  We would’ve been a little bit skeptical about Roddy White and/or Julio Jones, but with Flowers not likely at full strength they both could be in for impressive days.
• Can the Cardinals QB get the ball to Larry Fitzgerald in order to make plays?  He always manages to produce, no matter who is throwing the ball, so don’t shy away.  Of course, an elite QB would make him that much more appealing.
• Steve Smith’s status on these rankings is contingent on his health, of course.  If he’s 100% he is a definite WR1.
• While A.J. Green should have a big season, in his one game against the Ravens in 2011 he managed just 2 receptions and 26 yards.  It’s just one game so you don’t want to make too big of a deal out of it, but it wouldn’t be shocking if he got off to a slow start.  While most weeks he will be a WR1, I’d consider him more of a WR2 in Week 1.
• Most weeks I would pick Demaryius Thomas over Eric Decker.  However against the Steelers, where the big play may not be as available, I would take Decker.  That said, both players are going to be borderline WR2 in all formats with Peyton Manning throwing them the ball.
• How much will we get out of Mike Wallace after he held out and missed a lot of the preseason?  Time will tell, but I would think it may take a week or two to get him up to speed.

Make sure to check out all of our Week 1 rankings:

• Top 25 Quarterbacks
• Top 40 Running Backs
• Top 20 Tight Ends
• Top 15 Defenses

Haven’t drafted yet? Make sure to check out our 2012 preseason fantasy football rankings:

• Top 30 Quarterbacks
• Top 40 Running Backs
• Top 50 Wide Receivers
• Top 25 Tight Ends
• Top 15 Defenses
• Top 15 Kickers
• Top 15 Defensive Linemen
• Top 15 Linebackers
• Top 15 Defensive Backs
• Top 5 Rookie Quarterbacks
• Top 5 Rookie Running Backs
• Top 5 Rookie Wide Receivers
• Top 5 Rookie Tight Ends