The Chargers signed one of their key pieces on offense to a new deal, inking wide receiver Mike Williams to a three-year extension instead of franchise tagging him.
It is a three-year, $60 million contract, which includes $40 million guaranteed at signing, thus making him tied for the fourth-highest paid receiver with Cowboys’ Amari Cooper.
Also, Williams is now behind Keenan Allen, who signed a four-year extension in 2020 worth $20.25 million in average annual value.
Had Los Angeles placed the tag on him, it would’ve cost them $18.419 million. Now, the team can have a cap hit of much lower in 2022, likely in the range of $13-15 million.
Therefore, it gives them wiggle room to save some money and use it towards re-signing their own, potentially extending safety Derwin James and adding external free agents.
Heading into the season, offensive coordinator Joe Lombardi said this about Williams: “If I were a betting man, I’d bet on nice numbers coming from him on the stat sheet.”
This came after an up-and-down first four seasons, which was primarily a product of injuries that occurred throughout.
Nonetheless, Williams backed up Lombardi’s remarks.
After being relegated to a jump ball specialist, Williams made the most of his new role as the ‘X’ receiver in Lombardi’s system, with an expanded route tree to create more passing windows.
As a result, he produced career-highs with 76 receptions and 1,146 receiving yards, 15.1 yards per reception, while adding nine touchdowns.
Williams constantly came through in the clutch and made big plays along the way, leading the league in most game-tying or go-ahead touchdowns with six. Also, seven of his nine receiving touchdowns came in the fourth quarter.
One of those scores came in the season finale against the Raiders when he became the primary target late down the stretch and caught the touchdown pass as time expired to send the game into overtime.
That was the game that ultimately earned him the bag.
“So I’m thankful we drafted him, I’m thankful he’s here,” general manager Tom Telesco said at his end-of-season presser. But he’s a big part of this football team this year, and he has been in the past as well.”
Ultimately, locking up Williams is about knowing what he brings to the table in his new role, having his big-play and clutch ability and toughness on the field, and most importantly, keeping continuity between him and Justin Herbert.
As it stands, the Chargers have a solid core, with Williams, Keenan Allen, and Josh Palmer heading into 2022. However, the offense needs more speed, which I expect to be addressed in either free agency or the draft.
like mike !!!!! pic.twitter.com/244wEWhE3T
— Los Angeles Chargers (@chargers) March 8, 2022