Davante Adams, Aaron Rodgers & Derek Carr Fantasy Reaction, Packers-Raiders Betting Odds Following Blockbuster Trade

Aaron Rodgers announced he's returning to the Green Bay Packers, but he'll be doing so without his top target.

According to multiple reports, the Packers are trading Davante Adams to the Las Vegas Raiders for a package of draft picks. The Raiders are expected to extend Adams, who reportedly told Green Bay he wouldn't play this season without a long-term deal.

It's a big boost to the Raiders' offense, which will be orchestrated by new head coach Josh McDaniels and quarterback Derek Carr. Adams reunites with Carr, with whom he played in college at Fresno State.

Oddsmakers took notice right away.

PointsBet dropped the Raiders from +6000 to +5000 to win the Super Bowl. BetMGM moved Las Vegas all the way down to +3500.

Meanwhile, the Packers are +1100 at BetMGM after sitting at +1000 immediately following the Rodgers decision.

Green Bay remains at +800 at PointsBet to win the Super Bowl.

Carr is +3000 to win the NFL MVP. Rodgers (+800) is behind only Patrick Mahomes (+700) and Josh Allen (+700) at PointsBet in the market. Davante Adams is +5000 at BetMGM to win the MVP, putting him behind Cooper Kupp (+2500) and Deebo Samuel (+4000) for wide receivers on the board.

Here's how Action Network fantasy expert Chris Raybon responded to the news.

Adams caught 123 balls last season for 1,553 yards and 11 touchdowns. Hunter Renfrow led the Raiders with 1,038 yards last year. Tight end Darren Waller was second o the team with 665 yards.

Renfrow caught nine touchdowns. No other Raiders player caught more than three.

Fantasy Reaction From Samantha Previte

The Davante Adams trade is devastating for Aaron Rodgers, who is already locked into his new $200 million contract.

One glance at the Packers' lean depth chart begs the question of who will be catching passes in Green Bay next season. Equanimeous St. Brown signed with the Bears on Thursday, Adams is off to Las Vegas and Marquez Valdes-Scantling is still a free agent. This likely means general manager Brian Gutekunst will have to make a move for a wide receiver in this year's draft class (though, I admittedly had that same thought in each of the last two drafts).

This could be a boost for the remaining pass catchers, Aaron Jones, A.J. Dillon, Randall Cobb, Allen Lazard and Marcedes Lewis, though I think it's highly unlikely the Packers head into the 2022 season with this skeleton crew.

Overall, the move to Las Vegas will be a downgrade for Adams' fantasy outlook. Derek Carr is a serviceable quarterback, but there is a seismic gap between the upside he and Rodgers offer. Adams — who finished as the WR2 in half PPR through 17 weeks — will also have to compete with a depth chart with significantly more talent than the Packers': Hunter Renfrow, who is fresh off of a breakout season in which he finished as the WR13 in half PPR through 17 weeks, perennial dynasty darling Bryan Edwards and elite tight end Darren Waller.

Adams remains a solid WR1 with a lowered ceiling based on situation.

On the other hand, Carr's value jumps significantly with the addition of Adams in his arsenal. Carr finished as the QB12 through 17 weeks last season. He remains a high-end QB2 for me for the time being, but I could certainly see him making the leap into the low-end QB1 tier equipped with Adams' astronomical talent.

Rodgers stays in the QB1 conversation, but it is difficult to envision a scenario in which he finishes anywhere near the top 5 unless the situation changes dramatically.