Part of the hometown discount argument is Watt asking to be released from a contract which would have paid him $17M to play in 2021. Without insider knowledge, we do not genuinely know whether Houston was asking Watt to take a pay cut, or whether they would have released him at the start of the new league year. (I am at least open to the argument they would have kept him, or looked to trade him, if only to avoid the negative perception of cutting him, particularly in light of the goodwill J.J. generated in Houston.) As-is, the Texans will not have any dead money from the Watt release. He's not likely to get $17M per-year at this point in his career, especially given his injuries, so asking for his release at least creates the perception he is willing to make less money next year, while looking for a better situation to win now.