(Photo : Patrick Smith/Getty Images) BALTIMORE, MARYLAND – Quarterback Lamar Jackson (#8) of the Baltimore Ravens rushes for a landing in opposition to the Houston Texans throughout the second quarter within the AFC Divisional Playoff sport at M&T Bank Stadium on January 20, 2024 in Baltimore, Maryland.
Baltimore Ravens star Lamar Jackson is among the greatest quarterbacks within the league in the present day, and he has been handsomely rewarded financially due to it.
The 27-year-old signal-caller was chosen by the Ravens within the first spherical of the 2018 NFL Draft with the thirty second general choose after three seasons of school soccer with the Louisville Cardinals.
Since then, he has served because the franchise participant for Baltimore, reaching notable accolades akin to successful the 2019 NFL Most Valuable Player award unanimously after main the league in passing touchdowns throughout a standout season.
Additionally, Jackson has been chosen to the Pro Bowl 3 times and earned First Team All-Pro honors in 2019 and 2023.
Let’s have a look at Lamar Jackson’s contract particulars, profession earnings, and wage.
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Lamar Jackson Contract: $260 million
Before the 2023 NFL season, Jackson and the Ravens agreed on a five-year contract extension valued at $260 million, together with $185 million in assured cash.
The deal ended months of extended negotiations between the 2 events, through which the sign caller represented himself with no need an agent.
At its signing, it stood because the richest contract in NFL historical past on a per-year foundation. However, it was later barely surpassed by fellow quarterbacks Justin Herbert of the Los Angeles Chargers and Joe Burrow of the Cincinnati Bengals. Despite this, Jackson’s deal stays the fourth largest in NFL historical past.
Lamar Jackson Career Earnings
By the conclusion of the 2023 NFL season, it’s anticipated that Jackson may have earned $112.7 million in NFL wage over his preliminary six seasons within the league, as reported by Spotrac.
This determine excludes extra earnings from off-field ventures akin to endorsements and partnerships. Additionally, it doesn’t consider deductions for taxes, agent charges, and different enterprise bills.
Looking forward to the remaining years of his substantial contract, Jackson is projected to build up $292.7 million in profession earnings by the top of his contract after the 2027 NFL season, assuming he stays wholesome and fulfills particular incentives.
Once his subsequent contract is negotiated, Jackson could be both 30 or 31 years outdated, positioning him for an additional profitable deal throughout the prime years of his profession.
Lamar Jackson Salary 2023
Jackson is poised to obtain an unlimited $80 million within the ongoing 2023 NFL season, establishing him because the highest-paid participant in all the league this marketing campaign, based on Front Office Sports.
With that quantity, he’s anticipated to make the following version of enterprise and monetary journal Forbes‘ checklist of the highest-paid athletes on the earth.
A good portion of this sum is attributed to a groundbreaking $72.5 million signing bonus granted to him by the Ravens, which is the most important signing bonus in NFL historical past. His base wage for the season quantities to $7.5 million.
His complete compensation is a steep improve from what he earned in 2022, which was $23 million, all in base wage.
For the 2024 season, the two-time First Team All-Pro choice will take dwelling $32.5 million, comprising a $14.25 million base wage, $17.5 million choice bonus and a $750,000 roster bonus.
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