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July 24, 2013 @ 7:04 am
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Bucs And Williams Agree On New Six-Year, $40.25 Deal

Written by Mark
Cook
Mark Cook

Mark
Cook

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The Buccaneers announced on Wednesday they have signed WR Mike Williams to a new six-year, $40.25 million dollar contract, locking up the Bucs second-leading receiver and avoiding any possible distraction with camp opening on Thursday.
What had the potential to become a distraction during the upcoming Buccaneers training camp was averted on Wednesday when Tampa Bay announced a new six-year, $40.25 million with wide receiver Mike Williams.

Williams and agent Hadley Engelhard have been is discussions with the Buccaneers since the end of last season on a new deal after Williams posted an excellent 2012, one in which saw the former Syracuse star fall just four yards short of 1,000 yards receiving.

Bucs general manager Mark Dominik talked about the signing.

We are pleased to have Mike signed to a long-term contract that ensures he will continue to be part of the exciting young core of players we are building around,” Dominik said. “Mike has earned this contract through his hard work and production the past three seasons and we are looking forward to seeing him continue that career development as a Buccaneer.”

Williams (6-2, 212) joined the Buccaneers as a fourth-round (101st overall) selection in the 2010 NFL Draft. He has started 47-of-48 games for the Buccaneers, recording 193 receptions for 2,731 yards (14.2 avg.) and 23 touchdowns during his first three years in the league.

Williams, 26, enters his fifth season as one of the most productive wide receivers of the 2010 draft class, ranking second in catches (193), yards (2,731) and touchdowns (23), behind only Dez Bryant (200-2,871-27).

As a rookie, Williams burst onto the scene with an impressive campaign, starting 16 games and leading all rookie receivers in the league in receiving yards (964), receptions (65) and touchdowns (11). For his efforts, he was named to The Sporting News NFL All-Rookie Team and the PFW/PFWA All-Rookie Team, as well as finishing second in voting for AP Offensive Rookie of the Year.

Most recently, in 2012, Williams finished the year recording 63 catches for 996 yards (15.8 avg.) and a team-leading nine receiving touchdowns, playing alongside then-newly acquired free agent teammate Vincent Jackson.

The Buccaneers have an 11 a.m. news conference scheduled for today to discuss the contract.

Last modified on Wednesday, 24 July 2013 12:45
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COMMENTS

  • avatar

    Mike Williams is a stud. And I'm happy he's locked in. Gotta keep the nucleus in place and if he wasn't signed most of u would be complaining anyway. Dom is the man and he's been very buc friendly when it comes to contracts. Even Revis' contract is in the bucs favor. So chill.
  • avatar


    I know I am one of very few, but this was a very high amount to pay for your 2nd wide receiver. We are definitely going to have severe salary cap issues in two-three years. I am glad we signed him, but not at this price. We way over paid for him. Just my opinion.
  • avatar


    Horse- I totally agree.
  • avatar

    Horse- Worrying about our salary cap keeps me up at nights I'm writing Dom for a team payroll breakdown so I can figure this thing out, lol Ok, just kidding with ya buddy just be glad this team is devoted in keeping its core players and signing the players that can help us win and leave the salary cap to the real GM's
  • avatar


    Just what I was hoping for. Great work, DOM! Now Williams needs to get at least a thousand yards this year!
  • avatar


    me too JG - it's something to keep me busy in the excruciatingly long off-season....once the games start I'll forget about salary cap worries and just cheer, but until then I need something to keep me entertained and projecting salary cap scenarios is what does it for me....
  • avatar

    No problem Eastendboy it makes good "water cooler" convo at least
  • avatar

    This is outstanding news I like Mike Williams alot as he will be a tremendous #2 guy for us probably the best #2 we ever had. I love how we all like to play gm's with our calculators like we are writing the checks for this team I get a kick out of it personally.
  • avatar


    Since there is some question about the contract term, I offer this as a reminder because I know my PR brethren know that there are no guaranteed player contracts in the NFL. There is guaranteed money, but no guaranteed contracts. So the contract term is of little consequence beyond the guaranteed money. If Mike gets a 2 year guarantee, it simply means he is owed 13.4mil if the Bucs cut him tomorrow. And if there is offset language, the Bucs are only on the hook for the difference between 13.4 and his new contract with another team. The term only benefits the Bucs for as long as they want to keep him because he cannot sign with another team! Mike is only assured of his guaranteed money that is if he doesn't pull an Eric Wright Boner which nobody expects!
  • avatar


    All well understood and taken macabee - but I think the real issue is one of salary cap consequences while he is a member of the team...and that figure appears to be $6.7m for each season for the next six years - of course you are correct that the Bucs could cut him before the start of any season and not owe him the remainder of the contract, but I think that was less the issue than what his cap number would be (i.e., $6.7m or $8m) as the team finds itself starting to bump up against the cap limit. That "extra" $1.3m in cap space will be very important in managing the total cap number for teh team going forward.
  • avatar


    I think the 5 year/6 year confusion is that some report it as a 5-year extension of his one year remaining, while others report it is a new 6-year deal....either way it would be $6.7m per season through the 2018 season...nice job Dom and nice job Mike...win-win if I ever saw one !!!!
  • avatar


    Congrats MW, you have shown you are worth every penny. You came in with questions about your character, and proved everyone wrong. Your strong work ethic and humble attitude has lead to your success and I wish you the best going forward in your career. GO BUCS!!!!!!!
  • avatar


    This was the obvious move to re-sign him. This was a very fair contract for both sides. This will make training camp more enjoyable to watch without that dark cloud hanging over field.
  • avatar

    I'm hearing a five year contract??????? Which is it? Adam Schefter and NFL Network reported that. That would be a difference of almost 2 million a year. I love MW but not worth Cruz money.
  • avatar


    savinlife, it's a 5 year extension of the current contract which has 1 year remaining making it a 6 year contract. The 40.2mil is paid over the 6 years averaging 6.7mil a year! Details to follow!
  • avatar


    Much better deal than paying him the $8M+/yr the message boarders wanted him to be paid in the last discussion thread on this. Sounds like a good deal for both sides. Likely very little signing bonus and lots guaranteed - the usual offer from MD!
  • avatar


    Congratulations to MW!
  • avatar

    Great news!! Mike Williams has been amazing and I definitely think he is worth what they paid him! What a great example of a guy making the most of his opportunity after answering all the question marks about his maturity by being a model Buccaneer! Hopefully, his focus will remain sharp and he has a 100 catch season!
  • avatar


    This is Great news! Williams can now focus on the upcoming season. GO BUCS!
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