ESPN has announced that New York Giants star wide receiver Odell Beckham Jr. signed a massive five-year, $95 million contract extension on Monday (August 27). The New York Giants called the deal "lucrative," but did not disclose the actual figure.

Beckham had skipped the Giants' planned team activities last May and didn't say why. However, Adam Schefter of ESPN said his absence was tied to his desire for a new contract. Giants co-owner John Mara had said that keeping Beckham as a Giant was a priority.

Beckham plans to be a Giant for life

Bleacher Report has said that Beckham has also said that he wanted to stay in New York for a long time.

OBJ is a three-time Pro Bowl pick and the 2014 Offensive Rookie of the Year. Beckham has recorded 43 career games, making 288 catches for 4,122 yards and recorded 35 touchdowns.

OBJ is set to receive a maximum $95 million over the length of the deal, with $65 million in guaranteed money. OBJ is receiving $41 million at signing. For the first three years of the deal, Beckham will receive $60 million. This new deal is a record signing, putting him above Pittsburgh Steelers wide receiver Antonio Brown's contract and even Tampa Bay Buccaneers' receiver Mike Evans $55 million in total guarantees. Giants general manager Dave Gettleman spoke out about the deal and said he was pleased the deal was done and that it was a fair deal.

Beckham making a comeback in 2018

Beckham was a powerhouse for the Giants in 2017, before suffering a season-ending injury.

In four games he secured 25 passes for 302 yards and scored three touchdowns in four games. Beckham has been successful, despite some off-field controversies. Just a week before the Giants lost to the Green Bay Packers during the 2017 playoffs, Beckham and a group of his teammates went on a boat trip.

Beckham could return to the field for the season opener against the Jacksonville Jaguars. Beckham had said that getting a deal done would be just a matter of time. The Giants front office acknowledged Beckham's change of attitude as the reason for the new deal. Beckham has also said that going through the recovery process from his injuries gave him a new view on life and his career. Rumors of a possible trade between the Giants and the Rams [VIDEO] had been swirling and others wondered whether Giants owners John Mara and Steve Tisch wanted to spend a lot of money on a controversial player. Fans are hoping to see Beckham explode even more on the field this season.