It's a bigger contract than I thought it would be but regardless it's good to know Woody will be a Ram for another 4 years. It means that their starting 3 WRs are all under contract for another 4 years. Great news, because by doing it now the Rams were anticipating the market for WRs to explode in the near future (2022) so the signed him now to an affordable contract. What this does if anything seem to signal is that Johnson, Ebukam and Everett are gone next year. That said Ebukam's position seems to have been eliminated in Staley's scheme, and they already have replacements for Johnson and Everett.
It's clear that Snead is locking down his core roster which is a good thing.