The Wizards converted Watkins' two-way contract into a two-year, standard deal, Shams Charania of ESPN reports Thursday.

EDGE Analysis

Due to several injuries in Washington, Watkins has emerged as a key rotation player in the backcourt. Over his last three games, he's shooting 55.2 percent from the field with averages of 12.7 points, 3.3 rebounds, 1.3 assists, 1.3 steals and 2.0 three-pointers in 22.4 minutes per contest.