Los Angeles Chargers Restructure Two Star Receivers Contracts

The Los Angeles Chargers have restructured the contracts of their star wide receivers, Keenan Allen and Mike Williams.

The move clears up $14.38 million in the Chargers' salary cap space, with Allen's deal accounting for $8.9 million in savings and Williams' deal for $5.5 million.

Both receivers will be under contract until 2024, with their cap numbers for the 2024 season set to rise significantly.

Chargers restructured the contracts of WRs Keenan Allen and Mike Williams https://t.co/KV4GqIUrkf pic.twitter.com/u42xFXr45x

— Bolts From The Blue (@BFTB_Chargers) March 9, 2023

Chargers General Manager Tom Telesco has made it clear that Allen, who was reportedly a cut candidate this offseason, will remain with the team. Allen has been with the Chargers since being drafted in the third round of the 2013 NFL draft and has earned Pro Bowl invitations from 2017-2022. In the 2021 season, he caught 66 passes for 752 yards in just ten games.

Meanwhile, Williams, who was drafted seventh overall in the 2017 NFL draft, had 895 receiving yards and four touchdowns in 2021. He led the team in receiving yards and tied for second in receiving touchdowns with Allen and tight end Gerald Everett. 

Both wide receivers will now have cap hits of more than $30 million next season.
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