An enormous-name goal has hit the open market on the Los Angeles Chargers’ expense.
The group introduced on Wednesday that’s has launched broad receiver Mike Williams.
L.A. was properly over the league’s $255.4 million wage cap coming into Wednesday and wanted to get below it earlier than earlier than the brand new league 12 months begins at 4 p.m. ET/1 p.m. PT. By releasing Williams, the group will save $20 million towards the cap and have $12.46 million in lifeless cash, per Over The Cap.
Williams has been with the Chargers for the reason that group chosen him with the seventh total decide within the 2016 NFL Draft. Over seven seasons, he has 309 receptions for 4,806 yards and 31 touchdowns. He was restricted to simply three video games in 2023 after struggling a torn ACL towards the Minnesota Vikings in September.
NFL Media’s Ian Rapoport reported that the Chargers are hoping to carry Williams again, however for now, the 29-year-old joins Calvin Ridley and Marquise Brown as the highest out there broad receivers as of noon Wednesday. Williams is below contract for 2024 and is ready to develop into a free agent subsequent offseason.
In one other cap-related transfer, star go rusher Khalil Mack agreed to restructure his contract, ESPN’s Adam Schefter reported.