2027 NFL Fifth-Year Option Tracker
May 1 marked the deadline for teams to decide on fifth-year options on 2023 first-rounders. The 2020 CBA revamped the option structure and made them fully guaranteed, rather than guaranteed for injury only. Meanwhile, fifth-year option salaries are now determined by a blend of performance- and usage-based benchmarks:
- Two-time Pro Bowlers (excluding alternates) will earn the same as their position’s franchise tag
- One-time Pro Bowlers will earn the equivalent of the transition tag
- Players who achieve any of the following will receive the average of the third-20th top salaries at their position:
- At least a 75% snap rate in two of their first three seasons
- A 75% snap average across all three seasons
- At least 50% in each of first three seasons
- Players who do not hit any of those benchmarks will receive the average of the third-25th top salaries at their position
PFR’s Offseason Outlook series examined each of these decisions in-depth. Twenty-two options were exercised this year. Here is how each team with an option decision proceeded with 2023 first-round contracts:
- QB Bryce Young, Panthers ($25.9MM): Exercised
- QB C.J. Stroud, Texans ($25.9MM): Exercised
- DE Will Anderson Jr., Texans ($21.51MM): Exercised
- QB Anthony Richardson, Colts ($22.48MM): Declined
- CB Devon Witherspoon, Seahawks ($21.16MM): Exercised
- LT Paris Johnson Jr., Cardinals ($19.07MM): Exercised
- DE Tyree Wilson, Saints ($14.48MM): Declined
- RB Bijan Robinson, Falcons ($11.32MM): Exercised
- DT Jalen Carter, Eagles ($27.13MM): Exercised
- RT Darnell Wright, Bears ($19.07MM): Exercised
- G Peter Skoronski, Titans ($19.07MM): Exercised
- RB Jahmyr Gibbs, Lions ($14.29MM): Exercised
- LB Lukas Van Ness, Packers ($13.75MM): Exercised
- LT Broderick Jones, Steelers ($19.07MM): Declined
- DE Will McDonald, Jets ($13.75MM): Exercised
- CB Emmanuel Forbes, Rams ($12.63MM): Declined
- CB Christian Gonzalez, Patriots ($18.12MM): Exercised
- LB Jack Campbell, Lions ($21.93MM): Declined
- DL Calijah Kancey, Buccaneers ($14.48MM): Exercised
- WR Jaxon Smith-Njigba, Seahawks ($23.85MM): Exercised
- WR Quentin Johnston, Chargers ($18MM): Exercised
- WR Zay Flowers, Ravens ($27.3MM): Exercised
- WR Jordan Addison, Vikings ($18MM): Exercised
- CB Deonte Banks, Giants ($12.63MM): Declined
- TE Dalton Kincaid, Bills ($8.16MM): Exercised
- DT Mazi Smith, Jets ($13.93MM): Declined
- RT Anton Harrison, Jaguars ($19.07MM): Exercised
- DE Myles Murphy, Bengals ($14.48MM): Declined
- DT Bryan Bresee, Saints ($13.93MM): Exercised
- LB Nolan Smith, Eagles ($13.75MM): Exercised
- DE Felix Anudike-Uzomah, Chiefs ($14.48MM): Declined
Ravens Exercise WR Zay Flowers’ Fifth-Year Option
Last month, it was reported the Ravens were likely to pick up Zay Flowers‘ fifth-year option. To no surprise, Baltimore is following through on that in advance of the May 1 deadline.
Jeff Zrebiec of The Athletic reports the Flowers option has indeed been exercised. Baltimore’s top receiver is now under team control through at least 2027. Flowers is due to collect $27.3MM for that year, although a long-term contract being finalized could result in a higher compensation rate.
[RELATED: Fifth-Year Option Tracker]
An extension has long been seen as a team priority in this case, and it will be interesting to see if an agreement can be reached in the summer. Flowers, 25, is eyeing a long-term pact and a deal not far off the value of Jaxson Smith-Njigba‘s market-resetting extension could be in store. Flowers and Smith-Njigba were selected two picks apart from each other in 2023 and they share an agent.
On the heels of winning Offensive Player of the Year in 2025, Smith-Njigba secured $42.15MM in average annual value. It would come as a surprise if Flowers were to top or match that figure, but a pact placing him among the nine wideouts earning $30MM or more per year could be a target. As Zrebiec notes, Flowers ranks 10th in the NFL in terms of yards at the WR position over the course of his three-year career.
The Boston College product has been a focal point on offense since arrival, drawing at least 108 targets every year to date. Flowers has seen his overall production increase with each passing season, and his 1,211 yards in 2025 set a new franchise record for a single campaign. The two-time Pro Bowler will be expected to remain a key presence for years to come, particularly if a long-term agreement bringing about a significant raise winds up being worked out.
Flowers and Rashod Bateman are in position to lead the way at the receiver spot in 2026. Baltimore has not re-signed DeAndre Hopkins, however, while Tylan Wallace along with tight ends Isaiah Likely and Charlie Kolar departed in free agency. Bringing in multiple pass-catchers over the next few days will be something to watch for in the Ravens’ case as a result. Nevertheless, Flowers is assured of at least two more years in the fold with the strong possibility of more in the event of an extension being signed.
Ravens WR Zay Flowers Wants To Stay In Baltimore
The Ravens will exercise wide receiver Zay Flowers’ fifth-year option at some point before the May 1 deadline, a decision that will lock the 2023 first-rounder into a fully-guaranteed $27.3MM salary for the 2027 season. That buys the parties more time to hammer out a long-term deal, and Baltimore already has expressed interest in an extension.
The interest is mutual. When speaking to reporters earlier this month (video link via ESPN’s Jamison Hensley), Flowers said he does not want to play anywhere other than Baltimore. He was asked specifically about the four-year, $168.6MM pact that draftmate Jaxon Smith-Njigba recently signed with the Seahawks, and he replied by offering congratulations to JSN while noting he is not focused on his own contract. As players often do, Flowers said he will allow his agents to handle extension conversations while he focuses on training and preparing for the season.
Smith-Njigba, who was selected two picks before Flowers in the 2023 draft, raised the bar even higher for a receiver market that continues to explode. Presumably, Flowers will not be able to match the Seattle standout’s $42.15MM average annual value, and Rams WR Puka Nacua – a 2023 fifth-rounder who is now entering a platform year since he does not have a fifth-year option – likely has more earning power as well. Still, Jeff Zrebiec of The Athletic (subscription required) recently predicted Flowers would not be too far behind his elite peers in terms of contract value.
The Ravens, who lost center Tyler Linderbaum to the Raiders this offseason, do not want to let the best homegrown wideout in franchise history sniff the open market. Flowers’ close relationship with quarterback Lamar Jackson, along with his work ethic and durability, also help his cause.
Then, of course, there is the on-field production to consider. The Boston College product has averaged 80 catches for 1,135 yards over the last two seasons, both of which ended with Pro Bowl nods. In 2025, Flowers ranked seventh in receiving yards, 11th in catches, and 14th in yards per target. His 2.53 yards per route run trailed only Nacua and Smith-Njigba among wide receivers. Those numbers become more impressive when considered in the context of the Ravens’ run-heavy operation.
It is unclear if contract talks have commenced as of the time of this writing. Even if he cannot reasonably expect to set a WR record when he ultimately secures his second NFL contract, the market for his position will still give the WIN Sports Group client a chance to break the bank.
Ravens Want To Extend WR Zay Flowers
The NFL’s wide receiver market has exploded in the last few years. Nine players now make more than $30MM per year, topped by Jaxon Smith-Njigba, who officially signed his $42.15 AAV deal with the Seahawks on Wednesday.
The next receiver to cash in might be the player who was drafted two slots after Smith-Njigba in the first round of the 2023 draft: Ravens Pro Bowler Zay Flowers. Picking up the 25-year-old’s fifth-year option – projected by OverTheCap to be $27.3MM – is considered a “formality,” according to Jeff Zrebiec of The Athletic, with Baltimore already looking forward to an extension.
Locking Flowers into a long-term deal this offseason offers a number of benefits. First and most obvious is the production, which has ascended in volume and efficiency across each of his first three years in the NFL. In 2025, Flowers ranked seventh in receiving yards, 11th in catches, and 14th in yards per target. His 2.53 yards per route run trailed only Puka Nacua and Smith-Njigba among wide receivers, per Pro Football Focus (subscription required).
Another obvious positive is contract control. As Zrebiec notes, an early extension guarantees that Flowers does not get anywhere near free agency where other teams can lure him away with eye-popping sums of money, as the Raiders did with Tyler Linderbaum this year.
That control also has a significant financial impact. Just look to Kyle Hamilton‘s extension last summer as an example. He received a $25.1MM AAV, but he still had two years remaining on his rookie deal (including his fifth-year option). That resulted in an overall contract of six years and $121.8MM ($20.3MM per year).
Assuming that the Ravens pick up Flowers’ fifth-year option, he will be owed $31.7MM over the next two years. He has not produced at the same level as Smith-Njigba or Ja’Marr Chase, the only two receivers earning $40MM per year, nor Nacua, who will likely join them this year. But a four year extension worth $35MM annually – a top-five mark for the position – would extend Flowers’ deal to $171.7MM over six years (28.6MM per year).
Flowers’ agent and the Ravens’ front office will haggle over the exact numbers, but that estimate illustrates the urgency and upside of agreeing on an extension this year.
Ravens Likely To Pick Up Zay Flowers’ 5th-Year Option
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.
Ravens Rumors: Jackson, Flowers, Armour-Davis, Mitchell
We mentioned recently that, following the extension of wide receiver Rashod Bateman, an extension for quarterback Lamar Jackson would be at the forefront of the Ravens’ priorities for the remainder of the offseason. Well, according to Ian Rapoport of NFL Network, the plan was always for the two-time MVP to get a revised deal around this time. 
Though Jackson became the highest-paid player in NFL history only two years ago, so many other quarterbacks have gotten new deals that he currently sits at 10th in the league in average annual value. Jackson and the team anticipated the inflating contract values when they formed his first extension, putting obscene cap hits starting in the third year of his contract to force both parties to return to the table. Jackson’s $43.5MM cap hit in 2025 in the fourth highest in the NFL this year. That cap hit jumps to $74.5MM in 2026 and 2027, giving him the third highest and highest cap hits in those respective years.
A return to the table would benefit both parties as a new contract would likely mean a raise for Jackson and some short-term cap savings for Baltimore. If Jackson once again becomes the highest-paid quarterback (per AAV) in the league, he will become the first player in NFL history to eclipse $60MM per year, and according to Rapoport, head coach John Harbaugh seemed to acknowledge at league meetings that Jackson could certainly be bound for that as of yet uncharted territory.
Rapoport predicts, too, that, paired with Bateman’s extension, the cap relief of a Jackson extension could help the team with another extension that’s likely on the docket for tight end Isaiah Likely.
Here are a few other rumors coming out of Charm City:
- After an impressive sophomore campaign that earned him the honor of being the Ravens’ first Pro Bowl wide receiver in franchise history, Zay Flowers second season came to an early end with a knee sprain in the regular season finale. The injury held him out of the team’s two playoff contests but, luckily, didn’t require surgery. According to ESPN’s Jamison Hensley, Flowers’ knee is already 100 percent. “No limits,” the 24-year-old told the media. As Jackson’s favorite target in 2024, Flowers became just the 10th receiver or tight end in franchise history to catch for 1,000 yards in a single season. Back to full health, he’ll look to become just the second to do so in back-to-back seasons (Derrick Mason did so in three straight years from 2007-09). A big part of that will be Flowers’ ability to reconnect with Jackson, something he began doing as soon as he completed his rehabilitation. Aside from the regular offseason practices in Baltimore, Flowers and Jackson have been working together in private workouts in Florida.
- Since getting drafted in the fourth-round of 2022, cornerback Jalyn Armour-Davis has had a disappointing start to his career. It seems as if offseason rumors pump him up every summer just for injuries to curtail his success in the fall. In three years, he’s only played in 19 games, and with a deeper cornerbacks group in 2025, his path to playing time has grown even longer. According to Jeff Zrebiec of The Athletic, Armour-Davis could find time as a safety. Defensive coordinator Zach Orr is reportedly cross-training the 25-year-old, and he’s seen as one of the smartest defensive backs in the building. If this experiment fails to pay dividends, though, Armour-Davis’ continued struggles to make an impact could result in his getting waived.
- After a torn ACL ended an impressive rookie campaign in 2023, running back Keaton Mitchell had to wait until Week 10 to debut in his sophomore season, at which point it was difficult to work him into the offense. The team did find some special teams use for him as a kickoff returner in 2024, though, and per Zrebiec, Mitchell wants to be the primary returner for the team this year, as well. Mitchell should still be able to find some time in the offense in 2025; Derrick Henry will be the primary ball carrier, while Justice Hill functions as a third-down, receiving back, but Mitchell’s incredible speed will continue to be an excellent complement to both rushers. With fewer playing opportunities available on offense, though, Mitchell will look to utilize that speed in the open field on kickoff returns.
Ravens WR Zay Flowers Changes Agents
According to ESPN’s Adam Schefter, Ravens star wide receiver Zay Flowers is signing with WIN Sports Group, a new agency recently launched by Patrick Whitesell, the former co-founder and executive chairman of Endeavor (formerly William Morris Endeavor).
Ironically, Flowers is leaving Loyalty Above All (LAA) and its founder and CEO, Zac Hiller. The former Boston College standout was the first player represented by LAA to be selected in the first round.
Whitesell’s WIN client list includes Bengals quarterback Joe Burrow, Vikings wide receiver Justin Jefferson, and 49ers defense end Nick Bosa. All three set records for their positions with their second contracts.
Flowers’ production in his first two years doesn’t merit that kind of raise, and he isn’t extension-eligible until next offseason, when the Ravens will also have to make a decision on his fifth-year option for the 2027 season. His 2024 Pro Bowl nod means that his fifth-year option will be equivalent to the 2026 transition tag, projected to be $24.7MM by OverTheCap. Another original-ballot Pro Bowl would raise his 2027 salary to the equivalent of the 2026 franchise tag, which is expected to eclipse $28MM.
The Ravens want to sign Lamar Jackson to another extension, which would lower his $74.5MM cap hits in 2026 and 2027. That would allow them to afford a fifth-year option and a potential long-term extension for Flowers while also retaining 2022 first-rounders Kyle Hamilton and Tyler Linderbaum.
NFL Injury Notes: Hurts, Rapp, Elliss, Flowers
Jalen Hurts‘ knee has been a talking point during the week after it was injured during the Eagles’ divisional round victory. The team will have its franchise quarterback in place tomorrow, although his mobility will remain something to monitor.
Hurts made progress in practice over the past few days, and he was listed as a full participant. He does not carry a designation heading into Sunday, confirmation that he will be in the lineup for the NFC title game. The two-time Pro Bowler did say, however, that he anticipates he will wear a knee brace tomorrow (h/t Michael David Smith of Pro Football Talk).
Philadelphia’s offense has continued to rely heavily on running back Saquon Barkley through the first two rounds of the playoffs. He has racked up 355 scrimmage yards to date in the postseason, and he will no doubt be a focal point against the Commanders tomorrow. Nevertheless, Hurts’ mobility will important to watch given his capabilities as a rusher and his significance to the ‘Philly Shove’ in short yardage and goal line situations.
Here are some other injury notes from around the NFL:
- Regarding tomorrow’s other conference title game, the Bills will be shorthanded in the secondary. Safety Taylor Rapp exited last week’s win over the Ravens with a hip injury, and he has not practiced since. Head coach Sean McDermott ruled Rapp out yesterday. As a result, second-round rookie Cole Bishop – who handled a part-time role on defense during the regular season – is in line to start.
- The Broncos were the first team to be eliminated from the postseason by the Bills, and their defense was dealt an injury blow in the process. Rookie edge rusher Jonah Elliss suffered a fractured scapula bone in his right shoulder during the loss to Buffalo, as detailed by Chris Tomasson of the Denver Gazette. Elliss, the Broncos’ third-rounder in last year’s draft, had an impressive debut campaign with five sacks despite only logging a 38% defensive snap share. Tomasson writes he is expected to be fully recovered in time for offseason workouts in April, so a clean bill of health for the 2025 campaign should come to pass.
- Zay Flowers suffered a knee sprain in Week 18, and it kept him out of the wild-card and divisional rounds. Ravens head coach John Harbaugh said after Baltimore’s season-ending defeat (via The Athletic’s Jeff Zrebiec) the second-year wideout could have been in play for this week had the team advanced to the AFC title game (subscription required). More notably, Harbaugh added surgery may be required during the offseason on the affected knee. After an encouraging rookie season, Flowers topped 1,000 receiving yards and earned a Pro Bowl nod. His health for 2025 will of course be of great importance to the Ravens.
Ravens Rule Out WR Zay Flowers For Wild-Card Game
JANUARY 9: Flowers has not practiced all week, and Harbaugh ruled out his top wide receiver for the Steelers rubber match. This will be Flowers’ first missed game this season and his first injury-driven absence as a pro.
JANUARY 7: The Ravens are favored to beat the rival Steelers during their upcoming wild-card game, but Baltimore may be shorthanded on offense. Wideout Zay Flowers is dealing with a knee injury and his availability for this week is a question mark as a result.
Flowers went down during the Ravens’ Week 18 win against the Browns. The team’s starters played most of the game, one in which a win was required to clinch top spot in the AFC North. Initial testing indicated a knee sprain, per Fox Sports’ Jordan Schultz. That pointed to a week-to-week timeline, although more recently head coach John Harbaugh has indicated Flowers is day-to-day at this point.
Harbaugh noted (via Jeff Zrebiec of The Athletic) Flowers is attempting to recover in time to play on Saturday, declining to confirm if the injury in question is in fact a sprain. In any case, missing the second-year wideout would be a major development for the Ravens given his importance to the team’s passing attack. Flowers set a franchise rookie record with 858 yards last year, leading to high expectations for 2024. With a 74-1,059-4 regular season statline, it is safe to say he met them.
The Ravens have enjoyed a strong season on offense this year, and the play of quarterback Lamar Jackson and running back Derrick Henry have of course played a key role in that regard. Flowers has topped the WR depth chart during the year, though, and his absence would create a notable vacancy. Fellow former first-round pick Rashod Bateman would see an uptick in targets if Flowers were to miss Saturday’s game; Bateman played all 17 games in a season for the first time in his career in 2024, posting career highs in yards (756) and touchdowns (nine). Baltimore – having moved on from trade acquisition Diontae Johnson – also has Nelson Agholor, Tylan Wallace and fourth-round rookie Devontez Walker at the WR spot.
Since Harbaugh added Flowers’ ailment is not seen as season-ending, the possibility remains he will be back to full strength in time for the divisional round provided the Ravens advance. For now, though, he could be sidelined as Baltimore looks to beat Pittsburgh for the second time this year.
Looking At Pro Bowl Rosters’ Impact On Fifth-Year Option Statuses
The NFL unveiled the Pro Bowl rosters Thursday. While superstars and veterans tied to big-ticket contracts headline the AFC and NFC squads, rookie-contract players are part of both sides for an event no longer featuring an actual all-star game.
While the Pro Bowl’s prestige peak occurred decades ago, the 2020 CBA still ties invites to players’ value. Players selected to the Pro Bowl on the original ballot (non-alternates) will see their fifth-year option prices change. The 2025 offseason will be the fifth year in which players will see their option values determined partially by Pro Bowl recognition, but Thursday’s results will impact the 2026 and 2027 fifth-year option outcomes as well.
Players who receive two Pro Bowl invites during their first three seasons skyrocket to the top of the four-tiered fifth-year option hierarchy, which will feature a value that matches the amount of that year’s franchise tag at each position. Players who draw one original-ballot invite during their first three seasons will be tied to the second option tier, which matches the transition tag value at that position.
This only applies to former first-round picks, as no other rookie contracts include a fifth-year option. With that in mind, here are the players from the 2022, ’23 and ’24 first rounds to be invited to the Pro Bowl. Here are the ex-first-rounders who changed their option statuses this week:
2022 draft:
- S Kyle Hamilton, Baltimore Ravens
- C Tyler Linderbaum, Baltimore Ravens
- G Tyler Smith, Dallas Cowboys
- CB Derek Stingley, Houston Texans
Baltimore’s two-first-rounder 2022 draft, made possible thanks to the Marquise Brown trade, produced two Pro Bowlers. This marks the second Pro Bowl for both Hamilton and Linderbaum, bringing both players to the top fifth-year option tier. For Linderbaum, that will inflate his price to that of the offensive line franchise tag number, since all O-lineman are grouped together under this formula. That will make a fifth-year option call trickier for the Ravens, who will certainly pick up Hamilton’s by the May deadline.
This is Stingley’s first Pro Bowl, which will push the former No. 3 overall pick’s 2026 option price into the second tier among corners. Patrick Surtain‘s four-year, $96MM extension raised the bar at the position this summer, and the Texans will be able to negotiate with their top corner beginning later this month. This is Smith’s first Pro Bowl nod as well; he was named an alternate to the 2023 event.
2023 draft:
- DT Jalen Carter, Philadelphia Eagles
- WR Zay Flowers, Baltimore Ravens
- RB Jahmyr Gibbs, Detroit Lions
- CB Devon Witherspoon, Seattle Seahawks
While Thursday’s announcement crystalized the value of the 2022 first-rounders with regards to the fifth-year option, the ’23 Round 1 crop still has more time. Witherspoon has landed in the Pro Bowl a second time, locking the former No. 5 overall pick into the top echelon of the CB option structure.
Conversely, this is the first original-ballot Pro Bowl for Carter, Flowers and Gibbs. The Lions running back was an alternate last season. The trio’s 2025 showings will determine if they can join Witherspoon on the highest level of the 2026 option hierarchy.
2024 draft:
- TE Brock Bowers, Las Vegas Raiders
- QB Jayden Daniels, Washington Commanders
- OLB Jared Verse, Los Angeles Rams
The NFL’s top rookies have begun to raise their values. Although the Commanders, Raiders and Rams do not have to make option calls on this trio until May 2027, each player has already secured at least second-tier status for when that time comes. They are unlikely to stay on that level. Daniels is on track to claim Offensive Rookie of the Year honors, while Bowers has already broken Mike Ditka‘s longstanding record for tight end yardage by a rookie. Verse, the first Rams first-round pick since Jared Goff, is on track for Defensive Rookie of the Year acclaim.