CHARLOTTE, N.C. – Kelvin Benjamin will be a Panther for at least two more seasons it seems.

According to a report from ESPN’s Adam Schefter, the Panthers have exercised their fifth-year option for the wide receiver, which will pay him over $8 million in 2018. In March, general manager Dave Gettleman told the Charlotte Observer the team planned to pick up Benjamin's option. 

The team made the news official a little after 3 p.m. Tuesday. 

Ron Rivera confirmed a report that Benjamin arrived overweight for the team’s voluntary workouts.

“We have talked about what he has to do and he’s done a great job with it,” said Rivera. “Am I concerned? Yes, because he is heavy. I will admit that right now. But is he working hard? Yes he is.”

RELATED: Rivera: Benjamin 'a little heavy,' working to lose weight

Rivera disputed that Benjamin’s weight reached 280 pounds during a media availability.

Benjamin, who was drafted in the first round of the 2014 draft by Carolina, has 136 career receptions for 1,949 yards and 16 touchdowns. After missing all of 2015 with a knee injury, Benjamin started all 16 games for the Panthers last season.