The second is Williamson’s current contract and the leverage New Orleans loses if an extension is signed. Williamson’s $39.4 million contract ($7.9 million protected) for next season is guaranteed July 15. The following two seasons ($42.2 million and $44.9 million) remain non-guaranteed. If Williamson does sign a two-year $128.4 million extension, his original contract will become fully guaranteed. What to expect: No extension, and Williamson enters free agency in 2028.