In Weeks 4 and 5 last year, Toney combined for 16 catches and 267 yards. In his other eight games he caught 23 passes for 153 yards. Toney's upside is what makes him draftable at all, but his injury history (he's been banged up already this offseason) and the question marks surrounding this offense means you shouldn't be drafting Toney before Round 10. Toney is more valuable in Dynasty leagues, where he's a WR4 with the upside to jump into the top 20 this season.
Toney flashed in limited opportunities as a rookie. If the fantasy public were more excited heading into Year 2, then we might be wary of him. But Toney currently sits at the bottom of WR4 territory in ADP. There’s plenty of upside from that level, and minimal risk even if he tanks. Assuming he holds down 1 of the top 2 spots, Toney should compete for the target lead in an offense with nowhere to go but up from last season. Draft him as a reserve and you might just wind up with a sneaky regular starter.
Toney had quite the polarizing rookie season, showing flashes of heavy usage and playmaking ability, but also suffering badly due to multiple injuries and the Giants' dreadful offense. Toney's high point came in a Week 5 game in which he racked up 189 yards, the seventh-most by a rookie in a single game during the last 20 seasons. Toney didn't see much goal-line work (zero TDs, two end zone targets) and was primarily used in the short area (6.4 aDOT), though he made up a ton of ground with the ball in his hands (6.0 RAC ranked 10th). Durability and New York's QB situation are concerns, but Toney has elite playmaking ability and a new coach in Brian Daboll. Target him as a flex with major breakout potential.
Drafting Kadarius Toney in the first round was a debatable move, but fired general manager Dave Gettleman panicked after missing out on DeVonta Smith. The mercurial Florida Gator was mainly a gadget player in college; there wasn't a lot of film on Toney running crisp routes or making difficult catches in traffic. Despite the collegiate gimmickry, Toney's athleticism was enough to earn significant playing time by the third game, and it looked like the Giants struck gold. He had 22 targets, 16 receptions, and 267 yards in Weeks 4 and 5 before succumbing to an ankle injury. Ankle, quad, and oblique injuries cost him seven of the final 11 games, and he never regained the dynamism we saw in his early play. Toney was 11th in yards per route run last season, sandwiched between Tee Higgins and Tyreek Hill, so there's latent talent if Daboll can tap into it.