Not in a vacuum, but neither the sport, nor business exists in a vacuum. Ordinarily I'd agree with you and my thanks to Cinci was in Jest. Tee Higgins just got $29M AAV as a WR2 (No argument can be made that Higgins is better than Ja'Marr.).
McLaurin has been Washington's WR1 since his second season and all due respect to Sam Howell, but last season was his first with a bonafide QB1 all season with the talent to back it up. Lo and behold, McLaurin was an All-Pro (AP 2nd Team). Speaking of Higgins, McLaurin had more receptions, yards, targets, TDs, Rec of 20+ yards, and was more durable. All without a bonafide #2. Zach Ertz probably came closest.
Washington does not have a go-to receiver without McLaurin. Luckily for them, McLaurin is a team guy. Otherwise he would not have signed two years ago. So while his fantasy stats indicate WR2, Washington needs McLaurin more than he needs them.