The Buccaneers exercised Hargreaves' fifth-year team option Wednesday, Scott Smith of the team's official site reports.

Under the terms of the current Collective Bargaining Agreement, all teams must decide by May 3 whether they'll pick up the fifth-year option on a rookie contract the offseason before the player's fourth NFL campaign begins. Though the 2016 first-round pick has struggled with both injuries and inconsistent play through his first three years in the NFL, the Buccaneers recognized enough upside in the 23-year-old to keep him in the fold through 2020. New coach Bruce Arians is hopeful that Hargreaves' successful college track record while playing in press coverage will make him an ideal fit in coordinator Todd Bowles' scheme.

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