Williams signed a six-year, $138.06 million extension after being traded to the 49ers from Washington in 2020. Last year, this contract was restructured, converting $18.23 million of his base salary for 2023 into a $30 million signing bonus proration through 2027 (still on the hook), freeing up nearly $15 million in salary cap space for the team.
The 36-year-old 11-time Pro Bowler is set to bank $20.8 million in 2024 and $23.35 million in 2025. However, all of the guaranteed money has already been paid out, and several offensive tackles have eclipsed him in terms of average annual earnings.
Williams is most likely looking at the four-year, $112 million agreement that the Detroit Lions handed out to offensive tackle Penei Sewell in April as the benchmark. Even though he just turned 36 years old, he still believes he's the best offensive lineman in the league and wants the same treatment as Christian McCaffrey, who was made the highest-paid running back recently.
The 49ers must work things out with Williams because he is their most valued player, maybe more so than starting quarterback Brock Purdy. Without Williams, the 49ers' offensive line would be mediocre at best, limiting their offensive capabilities. They are 3-6 without Williams since 2020.
Williams' contract squabble comes in the midst of the ongoing saga with Aiyuk, who is entering the final year of his rookie contract and has been looking for a hefty extension all offseason.