Stedman Bailey arguably runs the best routes of any receiver on the Rams roster and can play both outside the numbers and in the slot. If St. Louis were to make him a full-time starter, he could emerge as a streaming option for fantasy owners. It's not as if he doesn't have the talent, he just needs more opportunities after being targeted just 47 times last season.
When healthy, Brian Quick will be the starter opposite Kenny Britt in the Rams offense. And since the team traded into the top 10 to select Tavon Austin in the 2013 draft, it is likely they will continue to try to get the ball into his hands every week. Thus, there are not enough targets to go around in Frank Cignetti's run-first offense. Unless there is an injury, Bailey will continue to be buried on the Rams' depth chart.
Bailey is our WR74 and is going undrafted in 10 and 12-team leagues. If Britt or Quick were to get hurt, Bailey would see his snaps increase but still wouldn't hold much fantasy value. While he is certainly capable of doing more, Bailey doesn't start in a run-first offense. That tells you everything you need to know about his fantasy potential.