NewsBite

New York Giants sign star Odell Beckham Jr breaks wide receiver contract record

THE New York Giants and Odell Beckham have agreed to a five-year contract extension that will make the flashy star the highest-paid wide receiver in NFL history.

New York Giants receiver Odell Beckham Jr., walks on the field at the Detroit Lions football training facility, Tuesday, Aug. 14, 2018, in Allen Park, Mich. (AP Photo/Carlos Osorio)
New York Giants receiver Odell Beckham Jr., walks on the field at the Detroit Lions football training facility, Tuesday, Aug. 14, 2018, in Allen Park, Mich. (AP Photo/Carlos Osorio)

THE New York Giants and Odell Beckham have agreed to a five-year extension worth up to $130 million to make him the highest-paid wide receiver in NFL history.

Reports claim the deal is worth $123 million in base value, with an additional $7 million available through incentives.

The contract includes $89 million guaranteed for injury and $56 million fully guaranteed at signing.

New York Giants receiver Odell Beckham Jr., has signed a massive new contract. Picture: AP Photo
New York Giants receiver Odell Beckham Jr., has signed a massive new contract. Picture: AP Photo

According to NFL Network, the deal averages $27.5 million over the first three seasons.

The annual average ($26 million) and guaranteed money are both records among wide receivers, eclipsing Antonio Brown ($23 million annually) and Mike Evans ($74 million guarantee), respectively.

Fellow Giants wideouts Sterling Shepard and Roger Lewis each posted videos on social media of Beckham and teammates dancing in celebration in the Giants’ locker room.

Beckham, 25, was scheduled to make just under $8.5 million in 2018, on the fifth-year option of his rookie contract.

The sides opened negotiations in late July and have steadily made progress since. Beckham has routinely told reporters he expected the situation to work itself out.

A first-round pick in 2014, Beckham racked up 288 catches for 4,122 yards and 35 scores through his first three seasons, all Pro Bowl campaigns. He collected 25 grabs for 302 yards and three touchdowns in four games last season before suffering a season-ending broken ankle.

Beckham has yet to play this pre-season, but he is expected to be fully ready for the September 9 regular-season opener against the Jacksonville Jaguars.

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.dailytelegraph.com.au/sport/us-sports/new-york-giants-sign-star-odell-beckham-jr-breaks-wide-receiver-contract-record/news-story/a1de0d2a1cfb010169adaabb800a1b86