The Scotland international's future has been the subject of intense speculation over this past month, with him seemingly being deemed surplus to requirements at the Riverside, after making just one Premier League start so far this season.
The 26-year-old only joined the Teesside outfit in February of this year, for a fee believed to be in the region of £9 million.
Middlesbrough's Jordan Rhodes celebrates
And now BETVICTOR have slashed the odds on the Owls signing Rhodes, making them 2/1 favourites ahead of Aston Villa at 4/1 and Hull City at 5/1.
Wednesday currently sit just inside the play-off spots, ahead of seventh placed Birmingham City only because of a superior goal difference.
Middlesbrough's Jordan Rhodes
Their 23 goals scored though, is the joint lowest tally from any of the top nine sides in the division, so a move for Rhodes would certainly seem to make sense for the South Yorkshire outfit.
With the January transfer window just around the corner, Rhodes' situation will certainly be one to keep an eye on, with so many parties potentially interested in securing his services.