Verizon is preparing to kick off its Black Friday deals when the carrier will offer the Samsung Galaxy S5 at a significant discount. The smartphone will be free when signing a new 2-year contract and after a $50 mail-in rebate.

With Black Friday upon us, you can bet that new deals and discounts on some of the most popular tech gifts this holiday season will continue to multiply. We've been reporting on the latest offers, which include the top 5 best Black Friday deals, discounted iPhone 6, Fitbit Activity Tracker bargains, and Amazon slashing the price of the HTC One M8 and LG G3 to the very low price of a penny.

While Amazon is offering the HTC One M8 and LG G3 for a penny, Verizon is planning to sell it for free when customers sign a new 2-year contract and after a $50 mail-in rebate. This is a great deal considering that Verizon is currently selling the flagship smartphone online and in its retail store for $199 with contract.

The Samsung Galaxy S5 boasts a 5.1-inch 1920 x 1080 Full HD Super AMOLED display with a pixel density of 432 pixels per inch (ppi). The smartphone ships with Android 4.4 KitKat and as we reported, Samsung is already well on its way to releasing an update to Android 5.0 Lollipop for the Galaxy S5. The handset includes 16 GB of internal storage and a microSD expansion slot that will support up to 128-GB microSD cards.

Samsung has packed in a high-end 16-megapixel rear camera with phase detection, autofocus, LED flash, that supports 2160p at 30fps, and has a 2-megapixel front-facing camera. The smartphone is powered by a 2.5-GHz quad-core Qualcomm Snapdragon 801 processor, Adreno 330 GPU (graphics processing unit), and 2 GB of RAM. Its removable 2,800 mAh battery will provide up to 27 hours of usage time and 480 hours of standby time.

The Samsung Galaxy S5 is IP67 certified dust and water-resistant, includes a fingerprint scanner to unlock the smartphone and authorize PayPal purchases, and a heart rate sensor below its rear camera.

If you're interested in picking up the Verizon Samsung Galaxy S5 for free (after rebate), you'll need to act quickly because Verizon is only offering this deal on Black Friday.

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