10:25pm: Mike Florio of NBC Sports delivered some details on Slater’s new record-setting contract. Of the $92MM in guaranteed money, $29MM comes in the form of his signing bonus. His base salaries in 2025 ($2MM) and 2026 ($11MM) are fully guaranteed, as are the $7MM roster bonuses in each year. His base salaries for the remaining years are $26MM in 2027 (guaranteed for injury at signing and fully guaranteed in March 2026), $23.29MM in 2028 ($10MM guaranteed for injury at signing and fully guaranteed in March 2027), and $20.75MM in 2029. He can also receive a $7MM roster bonus in 2029, giving Los Angeles incentive to let him play out the final year of the deal.
The deal is structured in a way that rewards Slater with the largest one-year, two-year, and four-year cash flows for an offensive lineman in NFL history. Daniel Popper of The Athletic adds that Slater’s cap hits as a result of the new contract will be $14.8MM in 2025, $23.8MM in 2026, $31.8MM in 2027, $29.09MM in 2028, and $33.55MM in 2029.
1:03pm: Rashawn Slater will not enter the 2025 campaign as a pending free agent. Talks on a Chargers extension produced an agreement Sunday.
ESPN’s Adam Schefter reports team and player have agreed to a four-year, $114MM extension. This monster pact – which is now official – includes $92MM guaranteed and makes Slater the highest-paid offensive linemen in NFL history. As a result of this pact, he is on the books with Los Angeles through 2029.
Given the Chargers’ decision to pick up Slater’s fifth-year option last spring, he was on track to collect $19.04MM in 2025. A mutual interest has long existed for a multi-year pact to be worked out, however, and after skipping OTAs the former No. 13 pick attended mandatory minicamp. Expecting to land an extension in time for Week 1, Slater was also present for the start of training camp this month. Per NFL Network’s Ian Rapoport, Slater sat out early practices while the agreement was finalized.
When Penei Sewell inked his Lions extension last offseason, he moved the bar to $28MM in average annual value. Tristan Wirfs narrowly surpassed that mark on his second Buccaneers contract, and Slater has now moved to the top of the pecking order. The 26-year-old’s AAV of $28.5MM is a new watermark for offensive linemen, and his guarantee figure – which will come into greater focus when the full structure of this pact is known, of course – far outpaces the other top earners along the O-line.
Slater…