New Jets wide receiver Mike Williams is getting a one-year, $10 million contract for this season, per Albert Breer of Sports Illustrated.
The deal includes a $3.3 million signing bonus and $8.3 million guaranteed. The deal also includes $5 million in incentives, which include receptions, receiving yards and touchdowns.
Williams gets a $5 million base salary and $1.7 million in per-game roster bonuses ($100,000 per game).
So in total, Williams can make as much as $15 million, of which $8.3 million is guaranteed, as mentioned earlier, and $6.7 million can be earned via health and production.
The Jets signed Williams earlier this week after Williams was a cap casualty of the Los Angeles Chargers as the team needed to get under the salary cap before the start of the league year March 13. Williams is also returning from a torn ACL, which also explains the $5 million in incentives.
New York brought Williams in for a visit and got a sandwich as well as a new contract all in one day. Jets fans now hope he’ll help eat up opposing defenses and create a strong pairing with new teammate Garrett Wilson.