The Foxes boss is coming in for mounting scrutiny with his side struggling for form.
Leicester have only won once in the Premier League since December 12 but did claim a morale-boosting 4-1 victory over Randers FC in the Europa Conference League in midweek.
Wolves, meanwhile, have been brilliant in recent weeks and are edging their way towards the top-four places.
While not the most fierce derby in the top-flight, both these teams will be eager for all three points this weekend.
Wolves v Leicester: Date and time
The Premier League clash is due to take place on Sunday, February 20 at Molineux Stadium.
Kick off is scheduled for 4:30pm.
Leicester beat Wolves 1-0 on the opening weekend of the season thanks to Jamie Vardy's winner.
Wolves v Leicester: How to follow
This match will be broadcast on Sky Sports Main Event and Sky Sports Premier League with live coverage starting on the latter from 4pm.
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Wolves v Leicester: Team news
Wolves boss Bruno Lage confirmed he has no injury concerns for the first time since he joined the club as his side prepares to face Leicester.
Joao Moutinho resumed full training on Thursday after he missed the last two Premier League games with a calf injury.
Lage has also been boosted with the return of Pedro Neto - who missed 10 months of action with a knee injury - and the 21-year-old winger could potentially make his first appearance of the season this weekend.
Hwang Hee-Chan came off the bench in the final minutes of Wolves 2-0 win at Tottenham last week and is in contention to play more minutes while defenders Willy Boly and Yerson Mosquera have also returned to full training.
Leicester have been assessing James Maddison and Caglar Soyuncu after both had to come off late on in Europe on Thursday.
Maddison departed the field having felt 'unwell and a little bit faint' and Soyuncu subsequently followed due to a knee issue.
Checks are being made on Luke Thomas and Ricardo Pereira as well, while the game comes too soon for Wesley Fofana to make a comeback.
The Foxes also have James Justin, Jamie Vardy, Jonny Evans, Timothy Castagne and Ryan Bertrand sidelined.
Wolves v Leicester: What has been said?
Under-pressure Rodgers has reiterated his desire to continue working as Leicester manager.
He said: "You can only do your best.
"I think we've started out on a journey here of which we are nowhere near finished. We're nearly three years in working together and we've made some greats steps going forward.
"Progress isn't always linear, there's going to be fits and starts and you don't need to be a rocket scientist, I think it's logic, when you see where we are this year, if you look at the players we've been missing.
"It's a challenge in itself to be up there competing when you have all your players fit. But we'll keep fighting and for me, it's about returning to our level of football and I know in time we will get to that and we'll get players back and then that's all you can do.
"I've loved every second of being here. I understand the criticism, because when you don't get results, that will always come your way. So I will take that.
"But for me, I love working with the players, the club have been very supportive of me and I will continue to do that until I'm told otherwise."
When Rodgers was subsequently asked about how he viewed Leicester's fixtures for the rest of the season, he said with a smile: "I couldn't afford to look - because I might not be here! Look to the next game - that's the mantra. So that's all we're doing."