The NFL released the official figures for the fifth-year options of players selected in the first round of the 2023 draft. Teams now have until May 1 to decide on those options for the 2027 season.
The most expensive fifth-year option from the 2023 draft class does not belong to a quarterback, as none of the three selected in the first four picks – Bryce Young, C.J. Stroud, and Anthony Richardson – reached one Pro Bowl in their first three seasons. Young and Stroud only met the playtime requirements for the second-tier option, which comes in at $25.9MM for quarterbacks. Richardson did not even get that far, but his $22.5MM will still be a non-starter for the Colts.
Instead, Ravens wide receiver Zay Flowers has the NFL’s highest price tag for his 2027 option. Pro Bowl nods in each of the last two seasons pushed him into the highest tier, but the Ravens are still expected to pick up his $27.3MM fifth-year option, per ESPN’s Dan Graziano. At the moment, that would be the 13th-highest AAV of any wide receiver, though more are sure to eclipse that figure in the meantime.
Flowers is arguably already worth almost $30MM per year. After strong performances in his first two seasons, he exploded in 2025 and ranked seventh in the NFL with 1,211 receiving yards and 11th with 86 receptions. He also recorded career-highs in yards per target (10.3) and passer rating when targeted (112.6). Flowers did all this despite missing Lamar Jackson for more than four games and the rest of the offense putting up their worst performance in years.
Currently, the receiver market tops out at Ja’Marr Chase‘s $40.25MM per year with seven other making between $30MM and $35MM annually. That will briefly drop to six once the 49ers part ways with Brandon Aiyuk but should soon shoot back up as players like Drake London, Chris Olave, and George Pickens sign long-term deals. By the time 2027 rolls around, $27.3MM will look like a steal for Flowers, especially if he takes another step forward under new offensive coordinator Declan Doyle.
Flowers’ fifth-year option will also establish a solid floor for a long-term extension, as players rarely sign long-term deals with a lower AAV then their fifth-year option. However, it also limits the amount Flowers can earn in the next two years to a little less than $30MM, including his 2026 salary. The Ravens can offer him a much stronger two-year cash flow with an extension later this offseason, and the money up front might incentivize him to make a deal.
The Ravens are typically a deadline team, so do not an expect an official announcement on Flowers’ fifth-year option until after the draft.