NFL fifth-year option tracker: Deadline arriving for decisions on 2023 draft class

May 1, 2026 was the deadline for NFL teams to exercise fifth-year contract options on first-round picks from the 2023 draft class, with 9 players having their options declined. First-round picks sign four-year rookie deals, with teams holding a fifth-year option for the 2027 season, the value of which is determined by position, performance, and availability. As an example, quarterback Bryce Young, the No. 1 overall pick in 2023, had a projected fifth-year option worth $25.9 million — more than double his Year 4 salary of $12.1 million.