Good news, everyone. Michael Gehlken of UT San Diego reports via Twitter:
Chad Rinehart was brought in on a one-year deal last year and was a solid contributor to a vastly improved offensive line when he was healthy. This new two-year deal suggests that Tom Telesco and the Chargers front office believe Rinehart is a good enough player with a good enough chance to stay healthy that they're willing to bet on him being able to do so.
Continuity is more important along the offensive line than any position outside of quarterback and Rinehart isn't the sort of player who could ever represent addition by subtraction, so this move make a lot of sense. It will be interesting to see what kind of salary he was able to command after missing nearly one third of last season due to injury, but assuming the Chargers didn't overpay, this looks like a move Chargers fans can and should be happy to see.
Telesco seems to have clearly identified his best players that were due for free agency and systematically signed them to new deals in order of importance. Donald Butler, Darrell Stuckey and now Chad Rinehart are all capable of being key parts of a winning team. Thankfully, they'll get a chance to do it here in San Diego.