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Chargers Rumors: Travis Benjamin Agrees to New Contract with $5.5M Signing Bonus

The Los Angeles Chargers and wide receiver Travis Benjamin reportedly came to terms on a one-year contract extension through 2020 on Tuesday.

According to ESPN's Field Yates, the deal includes a $5.5 million signing bonus and will drop Benjamin's 2019 base salary from $5.25 million to $1 million. The move will open $2.75 million in salary cap space.

The 29-year-old Benjamin is set to enter his fourth season with the Chargers after a four-year stint with the Cleveland Browns to begin his career.

This article will be updated to provide more information on this story as it becomes available.