Sleeper
A player drafted late but exceeds expectations
Example
Johnson is my sleeper pick at WR this year. Hopefully I can get him in the 10th round
Sleeper definition by Slang.net
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A sleeper is a player in fantasy sports that is picked in the late rounds of a draft but exceeds expectations. It is similar to breakout where the player performs much better than projected.
The term comes from owners "sleeping" on a player by not picking them. The player may be returning from an injury, a rookie in his first year, or a player that not many people know of who is flying under the radar.