Chargers WRs Keenan Allen, Mike Williams restructure contracts

The Chargers restructured the contracts of receivers Keenan Allen and Mike Williams, saving nearly $14.5 million in cap space.

The Chargers’ salary cap situation got a bit of relief on Thursday when the team restructured the contracts of receivers Keenan Allen and Mike Williams to save nearly $14.5 million heading into free agency.

Even with this move, the Chargers still have work to do to get under the cap threshold before the regular season. Their decision to convert Allen and Williams’ salaries to bonuses is a swisemove by Los Angeles’ front office, though the increased flexibility won’t come without some strings attached.

Allen and Williams are effectively un-cuttable in this arrangement, and the team is fully committed to keeping both receivers on the roster through the end of the 2023 season. Should they need to part ways with either player, they would absorb the entirety of the bonus money against their salary cap, causing massive dead-money numbers that would not be able to be recouped.

While this risk certainly seems worth the reward at this juncture, the Chargers will need to do everything in their power to ensure that this move doesn’t come back to bite them throughout the 2023 season. Having their top two wideouts on the roster is undoubtedly an advantage for Los Angeles. Still, situations and circumstances will need to play into their favor to ensure that their decisions in March don’t affect their ability to contend in December and January.

Twitter reacts to Chargers WR Mike Williams’ contract extension

What the general population thought following the announcement of Chargers WR Mike Williams’ contract extension.

The Chargers and wide receiver Mike Williams agreed to a three-year deal worth $60 million.

Here’s a compilation of social media posts regarding Williams’ contract extension announcement.

Poll: Should Chargers extend WR Mike Williams?

Is the big-bodied wide receiver for the Los Angeles Chargers worth a contract extension?

The Chargers have a few big-name wide receivers set to hit the free agency market next year, and among the crop is wide receiver Mike Williams.

Williams, who’s set to be due $15.7 million in 2021 after having his fifth-year option picked up last year, will have the third-highest cap hit of any player on the roster.

Rather than waiting until next year to re-sign Williams, Bleacher Report’s Brent Sobleski believes that Los Angeles should extend him before the new season begins.

Sobleski highlights that L.A. should take a long-term approach by making sure quarterback Justin Herbert has the talent around him to excel for the foreseeable future.

Would the Chargers be wise to extend Williams? At the moment, you can make the argument for both sides.

You can make the case that he is not worth extending because Williams has not played like a first rounder, failing to surpass 50 catches, has just seven touchdowns over the past two seasons and has dealt with a slew of injuries along the way.

On top of that, the Chargers have ascending talent in Tyron Johnson and Jalen Guyton, as well as a promising rookie in Josh Palmer. Not to mention, there’s plenty of wideouts in next year’s draft who could offer plenty of upside to fill that role.

On the other hand, Williams is well-liked as a person, is one of the hardest workers on the team, comes up in clutch situations and there is plenty of reason to believe that he could experience his best season to date, given the new system and how it favors the role that he will be playing.

With that being said, I want to know what you all think. Click and vote in the poll below.

Chargers pick up WR Mike Williams’ fifth-year option

The Los Angeles Chargers extended wide receiver Mike Williams’ contract through the 2021 season.

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The Chargers have picked up the fifth-year option in wide receiver Mike Williams’ contract, according to Sports Illustrated’s Albert Breer.

Williams will be making $15.68 million this upcoming season, which is a significant difference to his 2019 cap hit of $6.37 million.

The former Clemson product will be a part of the team’s plans for at least the next two seasons – barring any injury. With the option picked up, Williams isn’t eligible to enter unrestricted free agency until after the conclusion of the fifth season, which would be until after the 2021 season.

After being banged up during his rookie season in 2017, Williams has been the model of consistency since then. In 2018, Williams surpassed the 10-touchdown mark. In 2019, eclipsed the 1,000-yard mark. His 20.4 yards per reception ranked first in the league.

Should Williams have a monstrous season with either Tyrod Taylor or Justin Herbert throwing him the ball, he could be looking at a long-term deal for a decent chunk of change.

Williams was the No. 7 overall selection in the 2017 NFL Draft.