NFL fifth-year option tracker: Which 2020 draft picks have had options picked up, declined?
NFL fifth-year option tracker: Which 2020 draft picks have had options picked up, declined?
Which 2020 NFL Draft picks have had 5th-year options picked up, declined?

If there's anything NFL teams love, it's options.

The deadline for teams to exercise or decline the fifth-year option for the 2020 NFL Draft class is Tuesday, May 2. Already, some teams have made some easy decisions; Joe Burrow and Justin Herbert had their options picked up well before the deadline, but all eyes will be set on another quarterback this cycle.

With the Packers moving on from Aaron Rodgers this offseason, it's all-systems-go for Jordan Love in the captain's chair in Green Bay. On May 2, fifth-year option deadline day, the Packers signed Love to one-year contract extension, keeping him in Green Bay through 2024. 

That said, Love's new deal is something of a compromise. He can earn more money on the extension, but it's less guaranteed money for the Packers. Love's new deal solves one of the last remaining mysteries of this year's fifth-year option tracker.

MORE: Grading all 32 NFL Draft classes, from best (Steelers) to worst (Jets)

Here's how the others shape out:

NFL fifth-year option tracker 2023

Of the quarterbacks taken in the 2020 NFL Draft, three of them have had their options picked up: Joe Burrow (Bengals), Tua Tagovailoa (Dolphins) and Justin Herbert (Chargers) are all locked in for 2024, while Jordan Love signed an extension to keep him in Green Bay.

Here's how the options have been exercised:

Pick in 2020 Player Position Team Exercised? Value
1 Joe Burrow QB Cincinnati Bengals Yes $29.5 million
2 Chase Young DE Washington Redskins No
31 Jeff Okudah CB Atlanta Falcons (Detroit Lions)
4 Andrew Thomas T New York Giants Yes $14.175 million
5 Tua Tagovailoa QB Miami Dolphins Yes $23.17 million
6 Justin Herbert QB Los Angeles Chargers Yes $29.5 million
7 Derrick Brown DT Carolina Panthers Yes $11.665 million
8 Isaiah Simmons LB Arizona Cardinals No
9 C.J. Henderson CB Carolina Panthers (Jacksonville Jaguars) No
10 Jedrick Wills T Cleveland Browns Yes $14.175 million
11 Mekhi Becton T New York Jets
122 Henry Ruggs III WR Las Vegas Raiders
13 Tristan Wirfs T Tampa Bay Buccaneers Yes $18.24 million
14 Javon Kinlaw DT San Francisco 49ers No
15 Jerry Jeudy WR Denver Broncos Yes $12.987 million
16 A.J. Terrell CB Atlanta Falcons Yes $12.344 million
17 CeeDee Lamb WR Dallas Cowboys Yes $17.9 million
18 Austin Jackson T Miami Dolphins
193 Damon Arnette CB Las Vegas Raiders
20 K'Lavon Chaisson OLB Jacksonville Jaguars No
21 Jalen Reagor WR Minnesota Vikings (Philadelphia Eagles) No
22 Justin Jefferson WR Minnesota Vikings Yes $19.7 million
23 Kenneth Murray LB Los Angeles Chargers from Patriots No
24 Cesar Ruiz C/G New Orleans Saints No
25 Brandon Aiyuk WR San Francisco 49ers Yes $14.1 million
264 Jordan Love QB Green Bay Packers No
27 Jordyn Brooks LB Seattle Seahawks
28 Patrick Queen LB Baltimore Ravens No
295 Isaiah Wilson T Free agent (Tennessee Titans)
30 Noah Igbinoghene CB Miami Dolphins
316 Jeff Gladney CB San Francisco 49ers (Minnesota Vikings)
32 Clyde Edwards-Helaire RB Kansas City Chiefs No

1Jeff Okudah is ineligible for a fifth-year option, due to trade financials from the Lions to the Falcons

2Henry Ruggs III was released following his role in a fatal car crash in 2021.

3Arnette is currently a free agent.

4Love was signed to a one-year contract extension, negating the fifth-year option.

5Wilson is currently a free agent.

6Gladney was killed in a car crash in 2022.

What is the NFL fifth-year option?

Players who are selected in the first round of the NFL Draft sign four-year rookie contracts with a team option for a fifth year built into the pact. Teams must decide on to pick of a player's fifth-year option following the end of the player's third season but before May 3 of the following league year.

The option formula takes into account prior performance, cap situation, Pro Bowl appearances, position salaries and snap count. The fifth-year option is guaranteed and also guarantees the fourth-year option base salary.

Even if a fifth-year option is not exercised, players have the opportunity to negotiate long-term extensions with their team throughout the 2023 season before hitting free agency.

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