Mike Williams and Tampa Bay Buccaneers Agree on 5-Year Contract Extension

Tampa Bay Buccaneers wide receiver Mike Williams has been a consistent contributor over the past three seasons, and on Wednesday the team rewarded him with a five-year extension through the 2018 season, according to the Bucs' Twitter account. 

UPDATE: Wednesday, July 24, at 11:15 a.m. ET by Brandon Galvin

The Tampa Bay Times' Rick Stroud has the latest from Mike Williams' press conference: 

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Since Williams was already under contract for the upcoming season, the signing ensures that he will be a Buc for the next six seasons barring a trade or release.

According to Roy Cummings of the Tampa Tribune, Williams' six-year deal is worth a total of $40.25 million.

ESPN's Andrew Brandt later reported additional details on Williams' contract:

After a subpar 2011 campaign, Williams bounced back in a big way last season. With Vincent Jackson pulling attention away from him, Williams got back to his rookie form as he reeled in 63 passes for 996 yards and nine touchdowns.

As quarterback Josh Freeman continues to develop, the Bucs are obviously hopeful that Williams will as well. The 6'2" pass-catcher out of Syracuse burst onto the scene as a rookie in 2010 as a fourth-round pick, but he's now being paid like a top-level receiver.

With Williams in place for the foreseeable future, the Buccaneers now appear to have a formidable offense that can grow as a unit. Not only should the passing game thrive thanks to Williams, Jackson and Freeman, but running back Doug Martin also promises to become one of the top ball-carriers in the league if he isn't already.

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