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The way I understand it (basically PFTs take) is that Bosa wants a fairly standard 3rd overall contract. The Chargers don't want to set any precedents on deferrals and offset language that they've never done before (not since the new 2011 rules, anyway), but the Chargers have never even picked in the top 10 since 2011, so their precedents are only for much lower picks.
Yup, that's an accurate summary. Since 2011, the Chargers have drafted 18th, 18th, 11th, 25th, 15th, and now 3rd. So when they say they're offering an objectively better contract than they've offered to any other pick under the new CBA, they're making a pretty disingenuous claim because none of their previous picks are actual comps for where he was drafted.