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Chargers: No. 3 overall pick Joey Bosa rejects latest contract offer

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Posted at 11:17 AM, Aug 24, 2016
and last updated 2016-08-24 16:26:58-04

Joey Bosa, the Chargers' 2016 first-round draft pick (No. 3 overall), has rejected the team's latest contract offer, the team announced Wednesday.

The team released this statement regarding Bosa and contract negotiations:

"Our contract discussions and offers to the representatives of Joey Bosa have been both fair and structurally consistent with the contracts of every other Chargers player.

Our offer included:

-- An initial signing bonus payment that is larger than any player in the League has received in the last two drafts.

-- More money in this calendar year than every player in this year’s draft except one (QB Carson Wentz).

-- The largest payment and the highest percentage of signing bonus received in the first calendar year of any Chargers’ first-round selection since the inception of the current Collective Bargaining Agreement (2011).

We gave Joey's representatives our best offer last night, which was rejected today. The offer that we extended was for Joey to contribute during all 16 games and beyond. Joey's ability to contribute for an entire rookie season has now been jeopardized by the valuable time he has missed with his coaches and his teammates. Since Joey will not report at this time, his ability to produce not just early in the season, but throughout the entire season, has been negatively impacted.

As a result, we will restructure our offer since Joey will be unable to contribute for the full 16 game season without the adequate time on the practice field, in the classroom, and in preseason games."