True or False: All first round picks receive a 5th year option.

The statement that all first-round picks receive a 5th year option is accurate. Under the current Collective Bargaining Agreement (CBA), NFL teams have the ability to exercise a fifth-year option for first-round draft picks. This option allows the team to extend the player's rookie contract by an additional year, which can be particularly beneficial for teams that want to keep a young talent at a controlled cost.

The fifth-year option is a valuable aspect of the rookie contract structure as it provides teams with more flexibility regarding player contracts. However, this option is not typically available for second-round picks or later picks, which is why it's specific to first-round selections. The decision to exercise this option depends on various factors, including the player's performance, potential, and the team's salary cap considerations, but all first-round picks are eligible for it. This rule creates consistency across the league for the handling of first-round talent, ensuring that these players have the opportunity to showcase their skills for an additional year in their franchise.