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Source: Chargers release Mike Williams, save $20M on salary cap

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The Los Angeles Chargers released wide receiver Mike Williams, a source told Adam Schefter on Wednesday.

The move saves the Chargers $20 million this year while incurring a dead money charge of $12.46 million. League rules require the Chargers to be under the league's $255.4 million salary cap by 4 p.m. ET Wednesday. Williams' release makes them salary cap compliant.

The Chargers selected Williams with the No. 7 pick in the 2017 NFL draft.