The New York Giants have until May 3 to exercise the superstar’s fifth-year option, a feature installed in the collective bargaining agreement between the players and owners in 2011. The option allows teams to extend the standard four-year rookie contracts of first round selections for additional year.
There’s no question that the Giants plan to do this, but don’t have to act until after the NFL Draft. Many teams have already extended the contracts of their eligible players. The Giants probably should have committed to OBJ by now but they have their own way of doing things.
Beckham will earn $1.