Sources: Chargers insured injured Slater's deal

Once Rashawn Slater 's $114 million contract was signed, the Los Angeles Chargers purchased an insurance policy on it that now is expected to earn them a salary cap credit of at least $9 million and possibly more next season, sources told ESPN on Monday.

Slater suffered a torn patella tendon last week that required surgery and ended his season.

It was, as coach Jim Harbaugh described, a "gut punch" for the franchise, but the insurance policy brings a small consolation.

Editor's Picks Chargers' Slater done for year with patellar tear 3d Kris Rhim NFL teams sometimes try to protect themselves on larger contracts, but often they don't.

The Chargers did on the deal that made Slater the highest-paid offensive lineman in NFL history -- and it will have cash and cap implications in 2026.

Slater's deal included a $29 million signing bonus, a $7 million roster bonus and a $2 milllon base salary.

The Chargers have insurance on the roster bonus and salary, along with $27 million of the signing bonus.

The Chargers also took out a similar policy on quarterback Justin Herbert 's five-year $262.5 million contract extension signed in July 2023.

The Chargers are hardly the first team to try to protect themselves against a significant contract.

The Chiefs took out a similar policy dare they signed Patrick Mahomes to a $450 million contract that included $140 million in guaranteed money.

ESPN's Kris Rhim contributed to this report..

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