This has a ring to some of the statements Sinfield made as a player - to the effect that the best players could have all earned more money elsewhere but made salary sacrifices for the sake of the team.
If Sinfield is essentially expecting Watkins to make this sacrifice, that's fair enough IMO - provided that there is a clause for Watkins to earn the marquee money if he returns to top form.
I wonder whether this is a big part of the 'cancer' that Sinfield refers to - players asking for more than their market value in wages? It would certainly chime with the discontent over the salaries of Hurrell and Merrin... It also chimes with the comments made about salary cap sitting in the stands - are they are trying to reduce the impact of this by offering reduced terms to injury-prone players, without getting rid of them?