The gifts from Swiss brand Hublot, one of the Blues' corporate sponsors, are part of a limited-edition range, with only 200 having been produced.
As revealed by winger Willian in a post on Instagram, the watches were accompanied by a note from Chelsea chairman Bruce Buck thanking them for their efforts last term, which saw them win the Premier League by a seven-point margin.
It read: "On behalf of Mr Abramovich and also on behalf of the Board of Directors of the club, congratulations on creating history during the 2016-17 season.
"It's been a campaign to remember. Keep the blue flag flying high."
Antonio Conte's side are about to embark upon a pre-season tour of the Far East, where they will face the likes of Bayern Munich, Inter Milan and bitter rivals Arsenal.