Mike Williams

Pittsburgh Steelers, Wide Receiver
Age: 30-49d (Oct 04, 1994)
Exp: 7 Years
Country: US
College: Clemson
Drafted: Round 1 (#7 overall), 2017
Agent(s): Tory Dandy, Jimmy Sexton (CAA Football)
2024 Cap Hit

$627,500

2024 Cash

$8,600,000

Career Earnings

$84,188,155

2024-2024 Free Agent (CURRENT)

Mike Williams signed a 1 year , $10,000,000 contract with the New York Jets, including $3,300,000 signing bonus, $8,300,000 guaranteed, and an average annual salary of $10,000,000. In 2024, Williams will earn a base salary of $627,500, while carrying a cap hit of $627,500 and a dead cap value of $627,500.
Contract Terms:
1 yr(s) / $10,000,000
Average Salary:
$10,000,000
Signing Bonus:
$3,300,000
GTD at Sign:
$8,300,000
Total GTD:
$8,300,000
Free Agent:
2025 / UFA
MANAGE CONTRACT
Year Age Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative Dead Cap Annual
2024 30 $627,500 0.25% $627,500 $627,500 $627,500
2025 31
UFA
Accrued Dead Cap
2024 30 $2,096,500 0.82% $7,972,500 $7,972,500 -
2025 31 $5,876,000 2.15% - - -
Year Age Base P5 Salary Cap Hit Cap % League Cap Dead Cap
2024 30 $627,500 $627,500 0.25% $627,500
2025 31
UFA
Accrued Dead Cap
2024 30 $627,500 $2,096,500 0.82% -
2025 31 - $5,876,000 2.15% -
Year Age Base P5 Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024 30 $627,500 $627,500 $627,500 $627,500 $627,500
Retained/Dead Cash
2024 30 $627,500 $7,972,500 $7,972,500 $7,972,500 $3,986,250
2025 31 - - - - -
Contract Notes
  • $8.3M guaranteed (signing bonus + 2024 salary)
  • Per Game Active Bonus: $100,000 ($1.7M, treated as signing bonus)
  • Reception Incentives
    $500,000 each for 60, 70, 80, 90
  • Receiving Yard Incentives
    $500,000 each for 750, 850, 950, 1100
  • Touchdown Incentives
    $500,000 each for 8, 10
Source: NFL contract specifics generally collected from verified reports.

2022-2024 pending-free-agent-extension

Mike Williams signed a 3 year , $60,000,000 contract with the Los Angeles Chargers, including $21,000,000 signing bonus, $40,000,000 guaranteed, and an average annual salary of $20,000,000. In 2024, Williams will earn a base salary of $17,000,000 and a roster bonus of $3,000,000, while carrying a cap hit of $32,460,000 and a dead cap value of $12,460,000.
Contract Terms:
3 yr(s) / $60,000,000
Average Salary:
$20,000,000
Signing Bonus:
$21,000,000
GTD at Sign:
$40,000,000
Total GTD:
$40,000,000
Free Agent:
2025 / UFA
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2017-2021 Rookie

Mike Williams signed a 4 year , $19,749,928 contract with the Los Angeles Chargers, including $12,503,584 signing bonus, $19,749,928 guaranteed, and an average annual salary of $4,937,482.
Contract Terms:
4 yr(s) / $19,749,928
Average Salary:
$4,937,482
Signing Bonus:
$12,503,584
GTD at Sign:
$19,749,928
Total GTD:
$19,749,928
Free Agent:
2022 / UFA
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Seasons

7 Years

Career Earnings thru 2024

$84,188,155

Earnings w/ Different Teams

3 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2017 23
Active
$12,968,584
$12,968,584
2018 24
Active
$1,362,724
$14,331,308
2019 25
Active
$2,260,448
$16,591,756
2020 26
Active
$3,316,399
$19,908,155
2021 27
Active
$15,680,000
$35,588,155
2022 28
Active
$28,000,000
$63,588,155
2023 29
Injured
$12,000,000
$75,588,155
2024 30
Retained
Active
$7,972,500
$627,500
$83,560,655
$84,188,155
Total      
$84,188,155
$83,560,655
$84,188,155
Total
$84,188,155

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
7 $28,673,172 $33,503,584 $2,423,190 $10,920,000 - $68,209 $75,588,155
1 $627,500 $3,300,000 - $4,045,000 - - $7,972,500
1 $627,500 - - - - - $627,500
Year Team(s) Age Base Signing Roster Restructure Option Workout Incentives Cash Total Cash Cumulative
2017
23
$465,000
$12,503,584
$12,968,584
$12,968,584
2018
24
$1,362,724
$1,362,724
$14,331,308
2019
25
$2,260,448
$2,260,448
$16,591,756
2020
26
$825,000
$2,423,190
$68,209
$3,316,399
$19,908,155
2021
27
$15,680,000
$15,680,000
$35,588,155
2022
28
$7,000,000
$21,000,000
$28,000,000
$63,588,155
2023
29
$1,080,000
$10,920,000
$12,000,000
$75,588,155
2024
30
$627,500
$627,500
$3,300,000
$4,045,000
$7,972,500
$627,500
$83,560,655
$84,188,155
Total
$29,928,172
$36,803,584
$14,965,000
$2,423,190
$68,209
$84,188,155
$83,560,655
$84,188,155
Total
$29,928,172
$36,803,584
$14,965,000
$2,423,190
$68,209
$84,188,155

Earnings Per Team

Years Team Base Signing Roster Restructure Option Incentives Cash Cumulative
7 $28,673,172 $33,503,584 $2,423,190 $10,920,000 - $68,209 $75,588,155
1 $627,500 $3,300,000 - $4,045,000 - - $7,972,500
1 $627,500 - - - - - $627,500

Injuries

Year Weeks Reason
2021 LAC 14 - 14 COVID-19
2021 LAC 16 - 16 COVID-19
2023 LAC 4 - 18 Knee (ACL)
  • Nov 05, 2024 Traded to Pittsburgh (PIT) from New York (NYJ) for 2025 5th round pick
  • Mar 19, 2024 Signed a 1 year $10 million contract with New York (NYJ)
  • Mar 13, 2024 Released by Los Angeles (LAC), clearing $20 million of cap
  • Mar 09, 2023 Converted $10.92M of 2023 salary into signing bonus, clearing $5.46M of cap with Los Angeles (LAC)
  • Mar 08, 2022 Signed a contract extension with Los Angeles (LAC)
  • Apr 30, 2020 Los Angeles (LAC) exercised a $15.68M 5th year option for 2021
  • May 11, 2017 Signed a 4 year $19.7 million contract with Los Angeles (LAC)
  • Apr 27, 2017 Drafted by Los Angeles (LAC): Round 1 (#7 overall)
Year Team GP GS Snaps Snaps% Rec Receptions Rec Yards Rec Touchdowns Fum
2024 PIT 10 3 310 48.10 13 198 1 0
2023 LAC 3 3 167 77.70 19 249 1 0
2022 LAC 13 13 703 59.00 63 895 4 0
2021 LAC 16 14 896 74.90 76 1,146 9 0
2020 LAC 15 11 799 68.10 48 756 5 0
2019 LAC 15 15 850 79.40 49 1,001 2 0
2018 LAC 16 5 622 62.40 43 664 10 0
2017 LAC 10 1 234 22.00 11 95 0 0

Calculated Market Value

$5.0M Avg. Annual Salary

Market Value

  • 1 years, $4,985,525
  • Avg. Salary: $4,985,525
  • NFL Rank: 435
  • WR Rank: 51

Current Contract

  • Free Agent: 2025
  • Avg. Salary: $10,000,000
  • NFL Rank: 229
  • WR Rank: 34

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Mike Williams to.

Player Length Value Avg. Salary Age When Signed
Noah Brown 1 $1,210,000 $1,210,000 28
Kendrick Bourne 3 $19,500,000 $6,500,000 28
Mack Hollins 1 $2,600,000 $2,600,000 30
Robert Woods 2 $15,250,000 $7,625,000 30
Averages 2 $9,640,000 $4,483,750 29.0

Base Calculated Value

After adjusting the above contracts as if signed at Williams's current age (30), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
1 $5,830,000 $5,830,000

Statistical Comparisons

Now we'll compare our variables and Williams statistically over the two seasons prior to their signing. In this case we're analyzing: GP%, Rec Tgt/Gm, Rec/Gm, Rec Yds/Gm, Rec TD/Gm, YAC/GM, Drops/Gm, Rating

Player GP% Rec Tgt/Gm Rec/Gm Rec Yds/Gm Rec TD/Gm YAC/GM Drops/Gm Rating
Noah Brown
2022-2023
 76.47 4.92 2.92 43.15 0.19 13.35 0.35 66.90
Kendrick Bourne
2022-2023
 70.59 4.29 3.00 35.00 0.21 14.67 0.12 65.40
Mack Hollins
2022-2023
 88.24 4.13 2.50 31.37 0.13 8.83 0.13 64.20
Robert Woods
2021-2022
 76.47 6.15 3.77 41.65 0.23 14.15 0.31 71.85
Average 77.94 4.87 3.05 37.79 0.19 12.75 0.23 67.09
Mike Williams
2023-2024
 50.00 3.69 2.46 34.38 0.15 9.69 0.08 65.85
Pct Change -35.85 -24.23 -19.34 -9.02 -21.05 -24.00 65.22 -1.85
Median Prime % Change -20.20%
Average Prime % Change -8.77%

Calculated Market Value: Mike Williams

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
1 years, $4,985,525 $4,985,525

FEATURED PLAYER NEWS

News image
Potential NFL Market Resetters

As we head into the second half of the 2024 regular season, the time to start collecting potential offseason contract decisions begins now. Spotrac starts that process with a look at players who are trending toward signing a contract that would reset their respective position’s market.

TRANSACTIONS

Nov 05, 2024
Traded to Pittsburgh (PIT) from New York (NYJ) for 2025 5th round pick
Mar 19, 2024
Signed a 1 year $10 million contract with New York (NYJ)
Mar 13, 2024
Released by Los Angeles (LAC), clearing $20 million of cap
Mar 09, 2023
Converted $10.92M of 2023 salary into signing bonus, clearing $5.46M of cap with Los Angeles (LAC)
Mar 08, 2022
Signed a contract extension with Los Angeles (LAC)
Apr 30, 2020
Los Angeles (LAC) exercised a $15.68M 5th year option for 2021
May 11, 2017
Signed a 4 year $19.7 million contract with Los Angeles (LAC)
Apr 27, 2017
Drafted by Los Angeles (LAC): Round 1 (#7 overall)

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