Schefter reported the reasoning despite nobody in Beckham's camp publicly confirming the motivation.
While OBJ has been mum about his rationale as well, he retweeted a link Tuesday of Schefter saying in an interview that Beckham shouldn't report to OTAs without a new deal in place, per Pat Leonard of the New York Daily News.
Art Stapleton of the Record reported Beckham isn't holding out and plans to be at Giants minicamp. This echoes what Beckham told NFL Network on May 25, when he said he would "for sure" attend Giants minicamp, per Schefter.
Uninterrupted also tweeted a video of Beckham catching passes on his own:
When asked about the possibility of a long-term contract with Beckham on Tuesday, Giants owner John Mara said they hadn't discussed one yet, but added, "Obviously we want him to be a Giant for the rest of his career," according to Art Stapleton of the Record.
Beckham has made headlines this offseason, as he reportedly skipped a day of OTAs to work out with former Cleveland Browns quarterback Johnny Manziel, as seen in this photo courtesy of SportsDay Cowboys:
He also inked the richest shoe deal ever by an NFL player, and it is expected to pay him $5 million per year, according to ESPN's Darren Rovell.
Beckham will make a base salary of just over $1.8 million in 2017, per Spotrac. He is set to make nearly $8.5 million in 2018 as part of his fifth-year team option before hitting free agency in 2019.
The 24-year-old wideout has had at least 90 catches, 1,300 yards and 10 touchdowns in each of his three NFL seasons, and he is a three-time Pro Bowler.