"I'm very relieved it got done early," Bosa told reporters Monday. "It definitely came together a little faster than I expected. Once things were figured out with the Players Association (camp rules, return to play) it took a week."
Per ESPN's Adam Schefter, Bosa and the Chargers agreed to a five-year, $135 million deal, with his $102 million in guaranteed money setting a record for a defensive player.
The two-time Pro Bowler reflected on the factors that might have impacted his contract discussions with the Chargers:
The Cleveland Browns set the market for an elite young pass-rusher when they handed a five-year, $125 million extension with Myles Garrett. That gave Bosa's representatives something with which to work when figuring out the total value of his contract.
As Bosa said, Los Angeles might also have wanted to avoid the kind of prolonged standoff like the one that centered around his rookie deal. ESPN's Jim Trotter argued at the time the team was coming out the worst as it haggled over the finer details of his contract.
Bosa had earned a pay raise as he prepared for free agency in 2021. He has 40 sacks and 53 tackles for loss through 51 games with the Chargers.
The 25-year-old had an easy decision in terms of his extension based on his total and guaranteed money. His $27 million average salary is also the highest for a defensive player, per Spotrac, eclipsing Garrett's $25 million average salary.
The Chargers couldn't exactly afford to risk putting themselves in a position where they could risk alienating one of their best players. A franchise still trying to build a following in its home city needs to do everything it can to retain homegrown stars.
Combine all of those factors and it shouldn't have been a surprise Bosa committed his future to L.A. before hitting the open market.
The only question now is whether he can remain the highest earner in the Bosa family for much longer.
His younger brother Nick isn't eligible to free agency until 2023 at the earliest, but based on his production as a rookie (47 tackles, nine sacks, one interception and one forced fumble) he might be in line for a record-setting extension from the San Francisco 49ers when the time comes.