Here's the full memo on the price tags of fifth-year options for 2018 first-rounders. As we said, two Pro Bowls in first 3 years = Franchise tag; one Pro Bowl = transition tag.

Deadline to exercise options is May 3. Also, these are now FULLY guaranteed upon execution—big change. pic.twitter.com/vD5u92VSxF

— Albert Breer (@AlbertBreer) March 10, 2021