The more I have thought about this case, the more complicated it seems to me.
I am even torn on my own opinion, let alone what the NFL should do. On the one hand, I am a very big believer in innocent until proven guilty. On the other hand, I feel a great deal of sympathy for women who are sexually assaulted or even put into uncomfortable situations of being pressured to give sexual favors in the course of simply trying to do there job, and it is very difficult to believe that all of these women are lying in an attempt to gain financial rewards.
As far as innocent until proven guilty, yes it seems unlikely that all of these women are lying, but of course it is possible. If they are all lying, Watson has been put into a terrible position. He has already missed one season in his prime and if the NFL decides that he should sit until all of the suits are settled he would miss at least one more season of his prime playing years. He is getting paid, a substantial amount, but that is not everything. You do not get to his level of sports success without having a strong competitive drive and a desire to leave a legacy of having been the best, or one of the best. Those two plus years of prime playing years are important.
If he were to decide that he really wants to get back on the playing field, the only option he may have to speed up the process may be to attempt to settle. With the size of his contract, I don't see the cost of the settlements being the reason to avoid this course of action. The reason to avoid it, is you have then admitted guilt (even if not legally) and if he is innocent, I would think this would be an extremely difficult thing to do.
As far as what the women are going through, assuming that at least some of them are telling the truth (which seems likely), I would think it must be very difficult to see him signing a huge contract and getting back on the field before the cases have been decided.
In a lot of ways, it is a no win situation for the NFL.
At this point, I believe my stance would be that he should be able to play until the cases are decided, public opinion be damned. However, if found guilty then the hammer should come down hard. I believe the NFL should publicly state that they are going to let the courts run their course and will wait until the cases are concluded before deciding on a suspension and or fines. They should tell Watson privately, that the fact that he was going to so many different massage therapists really makes him look guilty. However, if he is adamant that he is innocent, they will let him play while fighting the cases. They should then tell him, if you are going to fight this, and drag this out for another year or more, then you had better be innocent, because if you are found guilty at the end of this, you are done in the NFL.