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With the deadline to decide on 5th-Year Options for 2021 1st round draft picks now passed, we'll dig out a few notable notes from the final results. Of Note: Any 5th-year option that has been exercised here immediately becomes fully guaranteed for the 2025 season. Any player who has had their option declined is now scheduled for unrestricted free agency next March (barring an extension or tag).
Related: NFL Draft Contract Tracker
Without question, the biggest takeaway from this class has to be the lack of success surrounding the QB class. Of the 5 quarterbacks selected in the 2021 1st Round, four have been both traded - and subsequently had their 2025 option salary declined. Only Trevor Lawrence, the #1 overall selection, saw his option exercised, guaranteeing him $25.664M in 2025.
Three players avoided the option decision by agreeing to contract extensions in recent weeks:
- OL Penei Sewell, 4 years, $112M
- WR DeVonta Smith, 3 years, $75M (Philly exercised the option as part of the extension)
- WR Rashod Bateman, 2 years, $12.8M (didn't qualify for an option due to lack of accrued service time)
In total, 18 players had their option exercised (including 2 that were exercised immediately prior to an extension), and 12 players had their option declined. 6 of the Top 10 draft picks were exercised (2 extended, 2 declined).
Odd Fun Fact: This is the 2nd straight offseason that the #2 & #3 overall selections had their 5th-year options declined (Zach Wilson/Trey Lane this year, Chase Young/Jeff Okudah last year).
2021 1st Round 5th-Year Option Decisions
PICK | PLAYER | TEAM | POS | OPTION | DECISION |
---|---|---|---|---|---|
1 | Trevor Lawrence | JAC | QB | $25,664,000 | Exercised |
2 | Zach Wilson | DEN | QB | $22,408,000 | Declined |
3 | Trey Lance | DAL | QB | $22,408,000 | Declined |
4 | Kyle Pitts | ATL | TE | $10,878,000 | Exercised |
5 | Ja'Marr Chase | CIN | WR | $21,816,000 | Exercised |
6 | Jaylen Waddle | MIA | WR | $15,591,000 | Exercised |
7 | Penei Sewell | DET | RT | $19,040,000 | Extended |
8 | Jaycee Horn | CAR | CB | $12,472,000 | Exercised |
9 | Patrick Surtain II | DEN | CB | $19,802,000 | Exercised |
10 | DeVonta Smith | PHI | WR | $15,591,000 | Extended |
11 | Justin Fields | PIT | QB | $25,664,000 | Declined |
12 | Micah Parsons | DAL | ILB | $21,324,000 | Exercised |
13 | Rashawn Slater | LAC | LT | $19,040,000 | Exercised |
14 | Alijah Vera-Tucker | NYJ | G | $15,313,000 | Exercised |
15 | Mac Jones | JAC | QB | $25,664,000 | Declined |
16 | Zaven Collins | ARI | LB | $13,251,000 | Declined |
17 | Alex Leatherwood | RT | N/A | ||
18 | Jaelan Phillips | MIA | DE | $13,251,000 | Exercised |
19 | Jamin Davis | WAS | LB | $14,483,000 | Declined |
20 | Kadarius Toney | KC | WR | $14,435,000 | Declined |
21 | Kwity Paye | IND | DE | $13,387,000 | Exercised |
22 | Caleb Farley | TEN | CB | $12,472,000 | Declined |
23 | Christian Darrisaw | MIN | T | $16,037,000 | Exercised |
24 | Najee Harris | PIT | RB | $6,790,000 | Declined |
25 | Travis Etienne | JAC | RB | $6,143,000 | Exercised |
26 | Greg Newsome | CLE | CB | $13,377,000 | Exercised |
27 | Rashod Bateman | BAL | WR | $14,435,000 | Extended |
28 | Payton Turner | NO | DE | $13,387,000 | Declined |
29 | Eric Stokes | GB | CB | $12,472,000 | Declined |
30 | Greg Rousseau | BUF | DE | $13,387,000 | Exercised |
31 | Odafe Oweh | BAL | OLB | $13,251,000 | Exercised |
32 | Joe Tryon | TB | OLB | $13,251,000 | Declined |