USAT: Chargers Wire audio clip

USAT: Chargers Wire

Mar 10, 2022

The Chargers and Mike Williams agreed to a contract extension to keep the big-bodied wide receiver in Los Angeles for the next three seasons. - Here is what we know about Williams’ new contract: - Williams’ contract is worth $60 million for three years, with $40 million guaranteed, including a $21 million signing bonus. - His signing bonus ($21 million), 2022 salary ($7 million), and 2023 salary ($12 million) make up the fully guaranteed money. - Los Angeles has a potential out in 2024 to save $20 million in cap space with a $7 million dead money charge. - Assuming no voids, his cap hit in 2022 will be worth $14 million, $19 million in 2023, and $27 million in 2024, according to Over The Cap. - After Williams’ new deal, L.A. currently has the fifth-most salary cap space in the NFL ($42.3 million). - One of the potential cap causality is tackle Bryan Bulaga, who if/when he is released, the Chargers would save an additional $10.8 million. - - - - - - - - - - - - Email - - - - - Sign up - - - - - - - - Like this article? - Sign up for the Chargers Wire email newsletter to get our top stories in your inbox every morning - - - - An error has occured - - - Please re-enter your email address. - - - - - - Thanks for signing up! - - - You'll now receive the top Chargers Wire stories each day directly in your inbox.

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