Giants, Odell Beckham Jr. finalize massive five-year contract extension

Getty Images

Getty Images

Beckham felt getting a new deal would be just a matter of time. He won't have to.

Odell Beckham Jnr has made history, becoming the highest paid wide receiver in National Football League history after signing a new $95million (£74m) contract extension with the New York Giants. He will also average roughly $20 million per season over the first three years of the extension. The talented and mercurial pass catcher signed a five-year, $95 million contract with 65 million of those dollars guaranteed. The team later made the deal official.

In his first three years in the NFL, Odell Beckham Jr. has reached at least 90 catches, 1,300 yards, and 10 touchdowns. To make him the highest paid receiver, he needed a guaranteed package of more than the $55 million commandeered by Tampa Bay's Mike Evans and/or an average annual salary north of the $17 million figure commanded by Pittsburgh's Antonio Brown.

Beckham, who missed most of last season with a broken left ankle, was scheduled to make $8.4M ($A11.5M) in the final year of his rookie contract.

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Brown is now under contract through the 2021 but after today's news it is highly unlikely he sees the end of it in its current iteration.

Beckham's Giants teammates were happy for him too: fellow receiver Sterling Shepard posted an Instagram story of the two of them dancing to The O'Jays classic "For the Love of Money".

So perhaps it's no surprise that Beckham is making history once again.

The deal opens the door for Beckham to make a return to the field for the September 9 season opener against the Jacksonville Jaguars.

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