The Colts elevated Watkins from the practice squad to the active roster Saturday.
The move gives the Colts more depth at wide receiver after the team traded Josh Downs and Keenan Allen to the Chiefs and 49ers, respectively, on Thursday. If Watkins sees the field against the Dolphins on Sunday, then it would mark his first regular-season appearance since 2023 as a member of the Eagles, when he appeared in nine games and accumulated 15 catches (on 21 targets) for 142 yards and a touchdown.