Lamar Jackson Contract

Last Modified Sep 4, 2024 08:15 GMT
Lamar Jackson Contract
Lamar Jackson during the AFC Divisional Playoffs


The two-time MVP Lamar Jackson (born on January 7, 1997, in Pompano Beach, Florida, USA) is an American football quarterback who currently plays for the Baltimore Ravens in the National Football League (NFL). Jackson attended Boynton Beach High School in Florida, where he played football as a quarterback. In his senior year, he threw for 3,545 yards and 36 touchdowns and carried for 1,571 yards and 25 touchdowns, winning him Florida's Mr. Football award.


Jackson attended the University of Louisville, where he played college football for the Louisville Cardinals. In 2016, his sophomore year, he had a breakout season, passing for 3,543 yards and 30 touchdowns and rushing for 1,571 yards and 21 touchdowns. He became the youngest player ever to win the Heisman Trophy, awarded to the best player in college football. The Maxwell Award, the Walter Camp Award, and the ACC Player of the Year were among the numerous honors that Jackson received.


Jackson started seven of his first eight games as a rookie in the NFL in 2018. In his second season, he emerged as one of the league's top quarterbacks, throwing for 3,127 yards and 36 touchdowns and rushing for 1,206 yards and seven touchdowns. He became the youngest quarterback to win the NFL MVP award and was also named to the Pro Bowl and First-Team All-Pro. Jackson has went on to win two-MVPs along with 3 appearances at pro bowl.


Lamar Jackson's Contract Breakdown

Lamar Jackson signed a 5-year deal worth $260 million. According to Spotrac, Lamar Jackson's current contract with the Baltimore Ravens includes a $72,500,000 signing bonus with a total guaranteed amount of $185,000,000. In the 2024 NFL season, the Ravens quarterback will earn a base salary of $14.25 million.


ContractSigning BonusAverage SalaryGTD at SignTotal GTD
5 yr(s) / $260,000,000$72,500,000$52,000,000$135,000,000$185,000,000



YearBase SalarySigning BonusOption BonusSigning ProrationOption Proration Cap HitDead CapYearly Cash
2023$7,500,000$72,500,000 $14,650,000 $22,150,000$135,000,000$80,000,000
2024$14,250,000 $17,500,000$14,650,000$3,500,000$32,400,000$113,850,000$31,750,000
2025$20,250,000 $22,500,000$14,650,000$8,000,000$43,650,000$101,450,000$43,500,000
2026$51,250,000 $14,650,000$8,000,000$74,650,000$57,800,000$52,000,000
2027$51,250,000 $14,650,000$8,000,000$74,650,000$35,150,000$52,000,000
2028- -$8,000,000$12,500,000$12,500,000
2029- -$4,500,000$4,500,000$4,500,000


How much is Lamar Jackson getting paid?

Lamar Jackson has an average annual salary of $52 million in his current contract with the Baltimore Ravens. The Ravens quarterback penned a new contract deal with the Baltimore Ravens in April 2023. In 2024, Jackson will earn a total salary of $31.75 million inclusive of base salary, signing proration and option bonuses. He would also start receiving $750k roster bonuses from 2025 till 2027.


How much money does Lamar Jackson make a minute?

Lamar Jackson earns around $99 per minute with an annual salary of $52 million.


How much of Lamar Jackson’s contract is guaranteed?

The total guaranteed amount of Lamar Jackson’s contract is $185 million.


What are the terms of Lamar Jackson’s contract?

As per the terms of Lamar Jackson’s contract, he signed a 5-year deal that fixates him with the Baltimore Ravens franchise until the end of the 2028 season. The contract guarantees him $185 million regardless of injuries or trade and has the potential of earning him $260 million.


The contract has been well drafted with various terms to it to ensure that the Ravens and Jackson are optimally satisfied with the deal. Some of these terms include:

  1. $135 million would be guaranteed at the time of signing

  2. As of 2024, there would be a 90-man roster bonus amounting to $750,000

  3. The 2025 salary would fully guarantee the 5th league day of 2024

  4. In 2028 and 2029, the last league day of 2027 would be deemed void

  5. There is a full no-trade clause which protects Jackson from being traded against his consent

  6. Post-2027, there would be a no-tag clause


Lamar Jackson Contract History

Lamar had signed two contracts before getting the mega extension with the Ravens. After his 4-year rookie contract was up, Baltimore franchise tagged him in 2023.


YearContractSigning BonusAverage SalaryGTD at SignTotal GTD
2018 - 20224 yr(s) / $9,471,648$4,968,471$2,367,912$7,575,059$7,575,059
2023 - 20231 yr(s) / $32,416,000 $32,416,000



See more:- Lamar Jackson Net Worth


FAQ's On Lamar Jackson Contract

A. Lamar Jackson signed a 5 year, $260 million deal with the Baltimore Ravens. He will earn up to $52 million annually on average.

A. According to various reports, before signing his enormous 5-year deal with the Baltimore Ravens in 2023, Jackson rejected a contract extension offer in 2022. The offer was a fully guaranteed 3-year extension, worth $133 million.

A. Lamar Jackson is the youngest MVP in the history of the NFL. He won the award in 2019 when he was just 22 years old.

Related Stories

Where does Lamar Jackson rank among world's highest-paid athletes? Ravens QB comfy with $260,000,000 contract extension Where does Lamar Jackson rank among world's highest-paid athletes? Ravens QB comfy with $260,000,000 contract extension
Where does Lamar Jackson rank among world's highest-paid athletes? Ravens QB comfy with $260,000,000 contract extension
Is Lamar Jackson's mom his agent? Details about Felicia Jones' role in QB's contract negotiations with Ravens Is Lamar Jackson's mom his agent? Details about Felicia Jones' role in QB's contract negotiations with Ravens
Is Lamar Jackson's mom his agent? Details about Felicia Jones' role in QB's contract negotiations with Ravens
NFL analyst downplays panic as Lamar Jackson skips start of OTAs a la Tom Brady NFL analyst downplays panic as Lamar Jackson skips start of OTAs a la Tom Brady
NFL analyst downplays panic as Lamar Jackson skips start of OTAs a la Tom Brady
Lamar Jackson contract extension: How does Ravens QB's $260 million renewal affect power packed AFC division? Lamar Jackson contract extension: How does Ravens QB's $260 million renewal affect power packed AFC division?
Lamar Jackson contract extension: How does Ravens QB's $260 million renewal affect power packed AFC division?
NFL analyst continues to outline why Lamar Jackson still needs an agent - “How many endorsements does he have?” NFL analyst continues to outline why Lamar Jackson still needs an agent - “How many endorsements does he have?”
NFL analyst continues to outline why Lamar Jackson still needs an agent - “How many endorsements does he have?”
Falcons star Calais Campbell calls on Joe Burrow to join Lamar Jackson fight after Jalen Hurts extension - "Hard thing to do" Falcons star Calais Campbell calls on Joe Burrow to join Lamar Jackson fight after Jalen Hurts extension - "Hard thing to do"
Falcons star Calais Campbell calls on Joe Burrow to join Lamar Jackson fight after Jalen Hurts extension - "Hard thing to do"
Darius Slay gives insight into bald-faced Lamar Jackson negotiations Darius Slay gives insight into bald-faced Lamar Jackson negotiations
Darius Slay gives insight into bald-faced Lamar Jackson negotiations
Ex-NFL HC Mike Smith makes Tom Brady point in Lamar Jackson discussion amid intense stalemate (EXCLUSIVE) Ex-NFL HC Mike Smith makes Tom Brady point in Lamar Jackson discussion amid intense stalemate (EXCLUSIVE)
Ex-NFL HC Mike Smith makes Tom Brady point in Lamar Jackson discussion amid intense stalemate (EXCLUSIVE)
"He got so disrespected" - Skip Bayless labels OBJ acquisition a failure to win over Lamar Jackson "He got so disrespected" - Skip Bayless labels OBJ acquisition a failure to win over Lamar Jackson
"He got so disrespected" - Skip Bayless labels OBJ acquisition a failure to win over Lamar Jackson
Colin Cowherd explains why Ravens overpaid for Odell Beckham Jr. Colin Cowherd explains why Ravens overpaid for Odell Beckham Jr.
Colin Cowherd explains why Ravens overpaid for Odell Beckham Jr.
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
More
More
bell-icon Manage notifications