The Carolina Panthers drafted Kelvin Benjamin in the first round of the 2014 NFL Draft, making him eligible to receive a fifth-year option on his rookie deal. On Friday, team general manager Dave Gettleman announced his intention to pick up that option, which will pay the receiver roughly $8 million for the 2018 season.
Dave Gettleman says Panthers will pick up Kelvin Benjamin's 5th-yr option for 2018. Should be around $8M.
— Joe Person (@josephperson) March 24, 2017
Benjamin burst onto the scene as a rookie with an outstanding first campaign, catching 73 passes for 1,008 yards and nine touchdowns. Unfortunately an ACL injury cost him his entire 2015 season, though he did come back fairly strong this past season. In 2016, Benjamin caught 63 passes for 941 yards and seven touchdowns.
The $8 million he’ll receive in 2018 will account for more than he earned in his first four seasons combined.
The former Florida State star has a base salary of just $1 million this upcoming season, will be paid an additional $973,500 in signing bonus money and has $465,125 tied up in a roster bonus, making his total pay-out for the 2017 season just over $2.4 million.