After a brief and turbulent stint with the New York Jets and Pittsburgh Steelers, wide receiver Mike Williams is returning to the team that drafted him seventh overall: the Los Angeles Chargers. Let’s take a closer look at his contract, salary, and net worth.
Try out Pro Football & Sports Network’s FREE playoff predictor, where you can simulate every 2025-26 NFL season game and see how it all shakes out!
Mike Williams’ Contract and Salary
Williams signed a one-year, $3 million deal with the Chargers for the 2025 season. All $3 million is fully guaranteed, including a $1.5 million signing bonus.
In 2025, Williams will earn a $1.5 million base salary and a $1.5 million signing bonus. He carries a $3 million cap hit and a $3 million dead cap value. The contract also includes the following performance incentives:
- Receptions (cumulative)
40: $150,000
50: $250,000
60: $350,000
70: $500,000 - Receiving Yards (cumulative)
450: $150,000
600: $250,000
750: $350,000
900: $500,000 - Receiving Touchdowns (cumulative)
6: $200,000
8: $300,000
Last season, Williams was on a one-year, $10 million contract with the Jets, which included a $3.3 million signing bonus. He appeared in nine games, recording 12 catches for 166 yards before being traded to the Steelers for a fifth-round pick. In Pittsburgh, he added nine receptions for 132 yards and one touchdown.
Williams’ Net Worth and Career Earnings
Williams’ net worth is estimated to be around $10 million, though that number may be low. He’s earned $84,188,155 in career NFL earnings alone. When you factor in endorsement deals with brands like Wendy’s, Dr. Pepper, and Nissan, his total net worth should be significantly higher.
pic.twitter.com/DeDoqNJEb3
Mike Williams highlights 🤩😮💨— ChargersMuse (@ChargersMuse)
Drafted seventh overall by the Chargers in 2017, Williams signed a four-year rookie deal worth $19.7 million, including a $12 million signing bonus. His rookie season was limited, with just one start and 11 catches for 95 yards.
He bounced back in Year 2 despite starting only six games, posting 43 receptions for 664 yards and 10 touchdowns. In 2019, he topped 1,000 receiving yards, then followed it with 48 catches for 756 yards and five touchdowns in the final year of his rookie deal.
The Chargers picked up his fifth-year option worth $15.68 million in 2021. Williams delivered, posting a career-high 1,146 yards and nine touchdowns on 72 catches — also a career high.
That breakout earned him a three-year, $60 million contract extension. But he wasn’t able to match those numbers over the next two seasons. In 2022, he had 63 catches for 895 yards and four touchdowns. Then in 2023, he tore his ACL, limiting him to just 19 receptions for 249 yards and one score. The Chargers released him after the season.
Now back in Los Angeles after a year split between New York and Pittsburgh, Williams hopes this reunion with the Chargers puts his career back on track, restoring his reputation, regaining confidence, and reestablishing himself as a reliable target in a familiar offense with big expectations.