All players selected in the first round of the NFL draft sign four-year contracts with a team option for a fifth season. After the player finishes his third year in the league, clubs must decide if they want to exercise the option.

Fifth-Year Option Deadline

This year’s deadline for clubs to exercise the option was Tuesday, May 2.

Under the new CBA signed in 2020, the option is fully guaranteed once exercised (previously it was only guaranteed for injury).

Four Tiers of Salary

1. Multiple Pro Bowls: Players who made more than two Pro Bowls on the original ballot (not alternate) will have their fifth-year base salary equal to the franchise-tag tender at their position.

2. One Pro Bowl: Players who made one Pro Bowl on the original ballot (not alternate) have their fifth-year base salary equal to the transition tag at their position.

3. Playing time: These players didn’t make a Pro Bowl, but their snap counts during their first three seasons meet one of the following three requirements: a) 75 percent or greater in two of their first three seasons b) an average of 75 percent or greater over all three seasons. c) 50 percent or greater over all three seasons. These players will have their fifth-year base salary calculated from the average of the 3rd- to 25th-highest salaries at their position over the past five seasons.

4. Basic: Players who do not meet any of the requirements above will have their fifth-year base salary calculated from the average of the 3rd- to 25th-highest salaries at their position over the past five seasons.

Fifth-Year Option Tracker

Here’s a look at the players selected in the first round of the 2020 NFL Draft, their fifth-year option totals and whether their clubs picked up or declined their options (number in front of name represents player's overall drafting slot):

Quarterbacks

1. Joe Burrow, Cincinnati Bengals: $29,504,000 (one Pro Bowl)

UPDATE: The Bengals picked up Burrow's option on April 25.

5. Tua Tagovailoa, Miami Dolphins: $23,171,000 (playing time)

UPDATE: The Dolphins picked up Tagovailoa's option on March 10.

6. Justin Herbert, Los Angeles Chargers: $29,504,000 (one Pro Bowl)

UPDATE: The Chargers picked up Herbert's option on April 28. 

26. Jordan Love, Green Bay Packers: $20,272,000 (basic)

UPDATE: The Packers signed Love to a 1-year, $22.5M extension on May 2, with $13.5M fully guaranteed. 

Running Backs

32. Clyde Edwards-Helaire, Kansas City Chiefs: $5,461,000 (basic)

UPDATE: The Chiefs declined Edwards-Helaire's option as of May 2.

Wide Receivers

15. Jerry Jeudy, Denver Broncos: $12,987,000 (basic)

UPDATE: The Broncos picked up Jeudy's option on May 1.

17. CeeDee Lamb, Dallas Cowboys: $17,991,000 (one Pro Bowl)

UPDATE: The Cowboys picked up Lamb's option on April 20.

21. Jalen Reagor, Vikings: $12,987,000 (basic)

UPDATE: The Vikings declined Reagor's option on May 2

22. Justin Jefferson, Minnesota Vikings: $19,743,000 (multiple Pro Bowls)

UPDATE: The Vikings picked up Jefferson's option on April 25. 

25. Brandon Aiyuk, San Francisco 49ers: $14,124,000 (playing time)

UPDATE: The 49ers picked up Aiyuk's option on April 28. 

Offensive Tackles

4. Andrew Thomas, New York Giants: $14,175,000 (playing time)

UPDATE: The Giants picked up Thomas' option on May 2. 

10. Jedrick Wills, Cleveland Browns: $14,175,000 (playing time)

UPDATE: The Browns picked up Wills' option on May 1.

11. Mekhi Becton, New York Jets: $13,565,000 (basic)

UPDATE: The Jets declined Becton's option on May 2. 

13. Tristan Wirfs, Tampa Bay Buccaneers: $18,244,000 (multiple Pro Bowls)

UPDATE: The Buccaneers picked up Wirf's option on April 26.

18. Austin Jackson, Dolphins: $14,175,000 (playing time)

UPDATE: The Dolphins declined Jackson's option on May 2. 

Centers

24. Cesar Ruiz, New Orleans Saints: $14,175,000 (playing time)

UPDATE: The Saints declined Ruiz's option on May 1.

Defensive Ends

2. Chase Young, Washington Commanders: $17,452,000 (one Pro Bowl)

UPDATE: The Commanders declined Young's option on April 26. 

20. K'Lavon Chaisson, Jacksonville Jaguars: $12,141,000 (basic)

UPDATE: The Jaguars declined Chaisson's option on May 1.

Defensive Tackles

7. Derrick Brown, Carolina Panthers: $11,665,000 (playing time)

UPDATE: The Panthers picked up Brown's option on May 1.

14. Javon Kinlaw, 49ers: $10,455,000 (basic)

UPDATE: The 49ers declined Kinlaw's option on April 28.

Linebackers

8. Isaiah Simmons, Arizona Cardinals: $12,722,000 (playing time)

UPDATE: The Cardinals declined Simmons' option on May 1.

23. Kenneth Murray, Chargers: $11,727,000 (basic)

UPDATE: The Chargers declined Murray's option on April 28.

27. Jordyn Brooks, Seattle Seahawks: $12,722,000 (playing time)

UPDATE: The Seahawks declined Brooks' option on May 1. 

28. Patrick Queen, Baltimore Ravens: $12,722,000 (playing time)

UPDATE: The Ravens declined Queen's option on May. 1.

Cornerbacks

3. Jeff Okudah, Atlanta Falcons: $11,514,000 (basic)

UPDATE: Okudah no longer is eligible, NFL Media reported, because the Lions agreed to pay a portion of his salary to facilitate his trade to the Falcons.

9. C.J. Henderson, Panthers: $11,514,000 (basic)

UPDATE: The Panthers declined Henderson's option on May 1.

16. A.J. Terrell, Atlanta Falcons: $12,344,000 (playing time)

UPDATE: The Falcons picked up Terrell's option on April 28.

30. Noah Igbinoghene, Dolphins: $11,514,000 (basic)

UPDATE: The Dolphins declined Igbinoghene's option on May 2.