It’s incredible to consider that NFL players can be given a 5th year option after their rookie contract has ended. Through this option, young players who have been successful in their first four years can get an insurance policy that grants them an extra year of protection in case something goes wrong. This usually comes with a team option for a fifth year, where they can be kept on the team for another year of salary. When I found out about the 5th year option, I was surprised!
I immediately began to think of the many players that could benefit from this, especially young players who have had success early in their rookie contracts. I can think of several young stars, including Patrick Mahomes, Saquon Barkley, and Khalil Mack, who could easily fit into this scenario. However, it’s important to note that the 5th year option is not without its risks.
First, the player can find himself in a situation where he’s stuck with a team who doesn’t believe in him. If they don’t think he’s worth the 5th year option, the player can be orphaned and left to find a new team when his rookie contract expires. Also, if a player opts in to the 5th year, the team can expect the player to give his all in the final year of the contract as well. This may lead to a situation where a team can force a player to cut back his production in order to keep his job.
Another potential risk is the financial side of a 5th year option. Teams don’t have to pay the standard part of the salary for a fifth year, meaning they’re taking a risk that the player won’t reach his fifth season — or the free agency — and be worth the salary they are paying. This can potentially bind players to teams for longer than they might want, and can delay their progress and development.
Of course, with these potential risks come the rewards. The 5th year option gives teams certainty and players stability and security. Players are also able to receive better deals and benefits associated with contracts when they opt into the 5th year option. Additionally, a 5th year option is a great opportunity for a player to show his team what he can do and show them why he deserves a long-term deal with the team.
Overall, I believe that the 5th year option is a great way for teams and players to benefit mutually. Players get to stay with their teams a little longer, and teams get another year of a player in their systems. Though this option does come with some risk, I think it’s worth it and is a useful tool for both sides to utilize.