D.K. Metcalf - WR18
There are a few reasons to be a bit weary of DK Metcalf and his price this season - one is that you're hoping Geno Smith isn't a flash in the pan, and the other is his competition at WR. Tyler Lockett averaged more fantasy points than Metcalf last year, yet he's going an eternity later in drafts. Metcalf and Lockett were also both neck and neck in yards/route run last year - 16th and 17, respectively among qualifying WRs.
The Seahawks also drafted Jaxon Smith-Njigba, who has a non-zero chance of being the best WR on this offense at some point as a rookie. He put up the most production at Ohio State in 2021 with Garrett Wilson and Chris Olave on the field at the same time as him. The Seahawks also drafted another RB, they have a good offensive line - does Pete Carroll go even more run heavy? I think there are better picks around Metcalf's ADP.
Tyler Lockett - WR23
Tyler Lockett averaged more fantasy points/game than DK Metcalf last season, but Geno Smith did look Metcalf's way more often for a higher target share. Lockett has never been one to earn a massive target share, but he's been as efficient as they come. JSN can eat into the overall target share, so Lockett's price is suppressed.
Still, I like to bet on good players, and Lockett still has it even at 31 years old. He's had 8+ TDs 5 years in a row. Lockett is one of the best values in drafts right now.
Jaxon Smith-Njigba - WR34
I'm betting on talent when it comes to JSN. I get that the Seahawks WR room is crowded with two other very good WRs, but JSN stood out and outshined two very good Ohio State WRs by the names of Garrett Wilson and Chris Olave - as a sophomore in college.
The hope is that Seattle runs more 11 personnel to get all three of these guys on the field at the same time, but I don't know how they just don't operate from that rotation on the regular. It won't make much sense to have any of these WRs off the field at any point - hopefully that will be the case as early as Week 1.
If you need a reminder of the type of prospect he is, he was PFF's highest rated WR against man coverage in 2021 (a whopping 4.26 yards/route run), he has serious after the catch ability, and he had more plays over 15 yards. than any other WR in this class. Highest yards/route run in this class and overall during the 2021 season among all Power 5 WRs. Dude is a baller, and can take the league by storm as early as Week 1.