Looking at it from an Iowa perspective....highly unlikely we would get Watson (no scholly-JB would be same class etc) BUT the big deal is that losing Watson makes that team far less of a threat than losing Morrow. Morrow is a good player but with the emergence of their big center the rebounding and inside scoring that Morrow provides is somewhat mitigated. But Watson, he is a clear difference maker. He is a high level PG/QB who is also a very good scorer and a pretty good defender. He is a dynamic player and without him that Nebraska team can't capitalize on the rest of their talents the way they could with him.
I saw some of those preseason power rankings for the B10 next year....prior to the Morrow and potential Watson transfer. One of them had Nebraska last in the conference, behind Rutgers. I thought hmm....don't see that. NOW, that is a different story, particularly if they lose Watson....again, my position is that losing Watson for Nebraska is THE biggest deal by far over losing Morrow or their coach.