Don Deal: As a notable player, valued at $750 million, has agreed to sign a great contract with the Baltimore Ravens.
Although there were some hiccups in the great quarterback’s contract negotiations with the Ravens, Lamar Jackson eventually received his compensation. And in 2023, he fulfilled his new agreement.
Following a fantastic season, the 27-year-old, who took home the NFL MVP trophy in 2019, is the clear favorite to win it again. With 3,678 passing yards and 24 passing touchdowns, along with 821 yards and five ground touchdowns, Jackson guided Baltimore to the top seed in the AFC.
In his first two seasons as a starter, he won double digits in wins and received his first MVP award. But his next two seasons were marred by injuries.
In 2021, Jackson missed five games (four due to an ankle injury and one due to illness), and the Ravens were unable to make it to the postseason. A knee ailment kept him out of six games in 2022, including a playoff loss in the first round.
Baltimore gave its star quarterback a non-exclusive franchise tag after the 2022 campaign to give the parties more time to work out a new deal. In the event that no agreement was reached, Jackson would have been subject to the $32.4 million, one-year franchise tag in 2023 before becoming eligible for unrestricted free agency in 2024.
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Fortunately for Ravens supporters, Jackson proved his worth right away by signing a massive contract deal prior to the season.
Details of Lamar Jackson’s contract
Jackson inked a five-year, $260 million deal with total guarantees of $185 million before the 2023 season began. With Patrick Mahomes, Joe Burrow, and Justin Herbert as his three fellow elite quarterbacks, he is now the fourth-highest-paid athlete in the NFL.
Only Burrow and Herbert are higher in the NFL than his $52 million yearly average value.
After four years and $208 million in his contract, Jackson may be able to get out of it. In addition, he is protected against trades in full and from franchise tag expiration after 2027.
Year, Age, Cash AAV
$56.3 million in 2024–2027
2025–28: $52 million
2026–29, $52 million
$52 million in 2027–30 and $2028–31 UFA
