Completely false, mike deserve at least 7.5 mil a year. if these productive receiver's can be found by the dozen in every draft why have it taken us 10 years to find one in mike williams? there are not any #2 wr in the league that has the hands, body control, hand/eye coordination and height as williams. PAY THE MAN NOW!
As far as # 2's go, he's clearly behind Roddy White, who ever you want to call the #2 of Cruz/Nicks,
You could throw him in a hat with Eric Decker, Torrey Smith, Antonio Brown, Nelson/Cobb/Jones (who ever you want to call #2), DeSean Jackson, Miles Austin, Michael Floyd, Golden Tate, Josh Morgan, etc, etc. I think Mike is a good 2nd receiver. Probably somewhere between 30 and 45 overall (imo).
My point is the difference between the 35th best receiver in the nfl and the 60th is not worth 3-4 mil per year (especially when that guy is your #2).