I really think that, while James is a totally different player than Watson, he fills a similar role which is: insurance. Veteran insurance.
Veach and Reid have said they're expecting Toney and Moore to play big roles. Everything they've done thus far says they're serious about that.
But you need an insurance policy, in case Toney gets hurt again, or Moore does, or one or the other struggles for whatever reason. And so you grab James, who's in a similar physical mold, has some experience in this offense under Kafka, and gives you a baseline of professional receiver.
He's WR4, and can function just fine as that, and you're not screwed if he has to play more than that.
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