We have an update on the Chargers and Joey Bosa, and it is not a positive one. The Chargers proposed to Bosa what they made clear is their best offer, a source tells Michael Gehlken of U-T San Diego (on Twitter). That offer was declined and subsequently pulled by San Diego. Two sides remain very far apart as the season opener creeps ever closer. The Chargers offer to Bosa included the second most Year 1 cash behind only Carson Wentz, Ian Rapoport of NFL.com tweets.
The contract stalemate between San Diego and Bosa is centered around offset language and payout structure, as Bosa and his camp want the entirety of his ~$17MM signing bonus to be paid in 2016. San Diego, meanwhile, prefers to pay a “significant portion” of the bonus next March. The Chargers’ offer to Bosa is reportedly similar in nature to the deal agreed to between the Cowboys and fourth overall pick Ezekiel Elliott. Elliott will receive roughly 61% of his signing bonus during this calendar year, so using the same structure, San Diego wants to delay the payout of about $6.6MM of Bosa’s signing bonus until next March.
The deadline for the Chargers to trade Bosa’s draft rights have come and gone. If Bosa does not sign by the Tuesday after Week 10, he will be ineligible to play this season. In that event, the Ohio State product can re-enter the draft pool for 2017, though it’s unlikely that he’ll go No. 3 or higher.
Photo courtesy of PFR on Instagram.