12-26-2021, 08:57 PM
(12-26-2021, 08:56 PM)michaelsean Wrote: I always thought first round were four years with a club option for a fifth.
Looked it up....
Quote:Draft pick contracts can't be renegotiated until the conclusion of a player's third NFL regular season. This means the earliest Thomas' deal can be redone is in January 2023.
Teams have an option for a fifth year with first-round picks that must be exercised after the third year of the deal. The period for exercising fifth-year options begins after a player's third NFL regular season ends (Jan. 10, 2022 with the 2019 first-round picks). These options must be picked up prior to May 3.
The new CBA changed how fifth year options operate. The fifth year salary is fully guaranteed when the option is exercised. A player's fourth year base salary becomes fully guaranteed when the option year is picked up if it wasn't already.