Mike Williams signed a five-year extension on Wednesday (USA Today Sports Images)
Williams was scheduled to earn $630,000 in 2013, the fourth and final season of his rookie contract. "Shutdown Corner" noted in our "Salary Cap Outlook" series that extending his contract was certainly high on the Buccaneers' "to-do" list.
According to reports, the overall value of the now six-year contract is $40.25 million.
"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," said Buccaneers general manager Mark Dominik. "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."
Since his rookie season, Williams has been a full-time starter for the Buccaneers, bursting on the NFL scene with 65 receptions for 964 yards and 11 touchdowns as a rookie. In 2011, Williams caught 65 passes, but had a bit of a sophomore slump with just 771 receiving yards and three touchdowns. With the Buccaneers going out and signing a true No. 1 receiver in Vincent Jackson, Williams rebounded with 63 receptions for 996 yards and nine touchdowns.
Overall, Williams has 193 receptions for 2,731 yards and 23 touchdowns. Williams is tied for sixth on the Buccaneers' all-time receiving touchdowns list and is just 11 touchdowns behind Jimmie Giles for the top spot.
Related coverage on Yahoo! Sports:
• Report: Prosecutors zeroing in on Aaron Hernandez for 2012 killings
• Pressure is on like never before for Ravens QB Joe Flacco
• Titans rookie helps save family from burning car
- Sports & Recreation
- American Football
- Tampa Bay Buccaneers