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Christian Watson haters suddenly owe the Packers an apology

Green Bay Packers wide receiver Christian Watson
Green Bay Packers wide receiver Christian Watson | Sarah Kloepping/USA TODAY NETWORK-Wisconsin / USA TODAY NETWORK via Imagn Images

Just minutes after the Green Bay Packers handed Christian Watson a massive four-year extension, fans of rival teams started taking victory laps. Victory laps. They'll soon be eating those words.

We heard it from Chicago Bears fans, who had seemingly forgotten how Watson tore apart their secondary last season with three touchdowns, including a 41-yarder. Minnesota Vikings fans chimed in, too.

Packers fans get it. We'll come onto why Watson is worth every penny in a moment, but fans of NFC North rivals clearly haven't come across cap wizard Russ Ball. This ain't Ball's first rodeo, and now with the full Watson contract details in hand, it's fair to say the Packers are owed an apology.

Christian Watson's full contract details look even better for the Packers now

On the surface, a four-year, $110.5 million extension feels steep. Again, we'd argue Watson's value to the Packers' offense warrants that kind of major swing, which we'll come on to, but in reality, those numbers were always going to be misleading.

The beauty is in the details, and with that context, it looks far, far better for the Packers.

"The 'up-to' in the Christian Watson contract reporting was putting in a lot of work," writes Packers cap expert Ken Ingalls.

It sure was. In fact, it's not the grand $110.5 million deal reported at all. As broken down by ESPN's Rob Demovsky, it's actually a $92.5 million extension, which is packed with incentives to reach the full amount. So if it hits $110.5 million, it means Watson's performances have lived up to the deal.

The biggest knock on Watson is in his injury history. Well, the Packers responded by flooding the contract with per-game roster bonuses, allowing them to reduce some of that risk.

Ingalls believes it's a "two years and we'll see" deal, which is classic Packers. Only $31 million is guaranteed, which is the signing bonus, another very Packersy move. This note from Ingalls puts it into perspective:

"Even if his 2026 season goes completely south, he's under contract for only $4.1 million in 2027 - of which over half is at-risk if he misses games. Only $2 million in base & workout," Ingalls writes. "Matthew Golden on his cheap rookie deal has more base & bonus than Watson in 2027."

The Packers backloaded the contract, which, as Ingalls notes, gives them an out after two seasons. They'll have to make a decision on his $13 million roster bonus in 2028, which is why it's very much a "two years and we'll see" deal.

In short, it's far more manageable than the initial reporting suggested.

Why Christian Watson is worth every penny

In any case, Watson is worth it.

Box score watchers might not understand how important he is to the Packers' offense, but opposing defensive coordinators do. It's why defensive game plans change depending on whether Watson is active.

Watson adds a rare combination of size, game-changing speed, and elite athleticism. It makes him one of the scariest vertical threats in football (just ask those same Bears fans who mocked his contract extension). Defensive coordinators are terrified of Watson burning them deep, which forces them to respect him.

Even when Watson isn't punishing secondaries deep – his 17.5 yards per catch ranked No. 2 in the NFL last season – his presence alone creates space underneath.

Take the Week 15 loss to the Denver Broncos as a perfect example. The game completely shifted after Watson exited the game with an injury.

Despite playing on the road against a Denver defense that led the league with 68 sacks and finished No. 2 in total yards allowed, Green Bay dominated for much of the game.

Before Watson's injury, Jordan Love completed 18 of 24 passes (75 percent) for 221 yards and one touchdown, good for a 116.8 rating. Watson caught three of them for 29 yards, but his impact went beyond just his targets. Love remained in rhythm and kept the Broncos' fierce pass rush at arm's length while still averaging 12.3 yards per completion.

Following Watson's injury, the Broncos no longer feared the deep ball, which dramatically shortened the field. They could congest the passing lanes, giving Love fewer options, and ultimately allow the pass rush to strike. Without Watson, Love completed just six of 15 passes (40 percent) for 55 yards and an interception, an awful 22.9 rating. He also took three sacks for a combined 29 yards, while averaging 9.2 yards per completion.

That's the Watson effect on full display. The entire offense is more efficient when he's on the field.

Watson didn't play in eight games last season (the first seven while recovering from a torn ACL, and Week 18 due to the Packers having nothing to play for), yet still caught 35 passes for 611 yards and six touchdowns. Over a 17-game season, that average would put him on pace for 60 catches, 1,038 yards, and 10 touchdowns. His 83.9 PFF receiving grade ranked 11th in the NFL.

Not only is Watson arguably Love's favorite target, but his presence on the field has a seismic impact on the entire offense. It goes well beyond the box score.

And it's why he's worth every penny of his new $92.5 million extension.

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