R5 sounds about right for Lazard.
I figured his ceiling was a WR2 at best but WR3 most likely. I lost no sleep when he left GB for NYJ, but even I admit to overvaluing him on the GB roster.
Yes, Rodgers was saying he was a WR1 to start last year, but that was bonkers. Lazard isn't a separator, he's not speedy, he's big and smart and if you scheme him open or the defense sleeps on him, he gets results.

He's not worth 10-11M a year though. What he does has value, but you can find players that do what he does for much less. Malik Heath can do a lot of the same things as a UDFA, which tells me I overvalued Lazard as a Packer. He's really more like a solid WR4 who you bring in on 4 or 5 wide sets or to block or play ST.

Seeing how MLF has adapted his offense this year to work Reed in is a welcome change. They've needed players who are more dynamic with the ball in their hands for a few years.