For the 3rd straight season, T.Y. Hilton exceeded 1,000 receiving yards. He was not a deep threat last season after QB Matt Hasslebeck took over for the injured Andrew Luck. With Luck returning to health, Hilton could be in for a career season. He's a 3rd round value pick as long as Luck stays healthy and returns to form.
No, Hilton is not your prototypical overpowering red zone threat and he isn't going to catch you 100 balls in a season, or probably even 90, but he does have something special going for him: T.Y. is the favorite target for the richest, and perhaps most talented quarterback in the world. He is durable and reliable so you could certainly do worse than drafting him.
Hilton finished as the 21st-overall receiver last season due to Andrew Luck missing much of the year, but finished 10th the year before with Luck starting. With Luck back this season, there's no reason to hold off on drafting Hilton. The only reason he's so far down in my rankings is the number of great options at wide receiver this season.