Last season's runner-up is content with its Champions League last 16 tie, especially as rival Bayern Munich was dealt a tough clash against Arsenal.
The Schwarzgelben were handed a presentable opportunity to reach the quarterfinal stage when they were paired against Russian outfit Zenit St. Petersburg, while Bayern Munich was given a much sterner test against Premier League leader Arsenal in a repeat of last season's encounter.
"The draw is absolutely OK with us," Watzke told reporters. "But Zenit are a good side with good players, not just Hulk. We can also be satisfied with the results of the other German clubs, especially Bayern who got the draw you would not want after topping your group."
Dortmund will travel to St. Petersburg for the first leg at Zenit's Petrovsky Stadium before welcoming Luciano Spalletti's men to the Signal Iduna Park for the decider in March.