The contract includes a guaranteed $65m and an average $20m over the first three seasons for the star player.

"I'm just so happy that it is finally done now," Beckham said.

The Giants added: "Our sensational and record-breaking wide receiver has signed a lucrative contract extension."

He suffered a season-ending broken ankle in October 2017 but is expected to be fit for the first game of the new NFL season against Jacksonville Jaguars on 9 September.

In February 2018, quarterback Jimmy Garoppolo became the highest paid NFL player in history after signing a contract worth $137.5m (£106.6m) with the San Francisco 49ers.