Watkins' deal totals out at $1.2925 million, with $167,500 signing bonus. Only $985,000 of base salary counts against 2024 salary cap.
Signing bonus is the only guaranteed money. Watkins displaces a player with $915,000 salary, using $237,500 in available cap space.
For his NFL career, Watkins has 98 regular season receptions for 1,249 yards and six touchdowns. He's also experienced as a kickoff returner.
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