Baltimore Ravens’ 32nd pick in the first round of the 2018 NFL draft - quarterback Lamar Demeatrice Jackson, is a force to reckon with in the National Football League(NFL). He began playing football at a young age, pursuing the sport through high school and then at the University of Louisville. Ranking among the top 20 dual-threat quarterbacks, Jackson drew the eyes of major teams in the league with his record-breaking performances which landed him The Maxwell Award, The Walter Camp Award, and the Heisman trophy in his sophomore year. The Ravens traded their selection with the Philadelphia Eagles and signed Jackson for $9.47 million.
The two-time consecutive winner of both the ACC Player of the Year and ACC Offensive Player of the Year in 2016 and 2017, Lamar Jackson beat records of seasoned athletes and has made a name for himself in just 4 seasons. He secured a Pro Bowl title and earned NFL’s Most Valuable Player in 2019. There are rumors of an extension of his rookie contract with the Ravens, but according to sources, negotiations have not begun yet.
Lamar Jackson’s Contract Breakdown
|Contract||Signing Bonus||Average Salary||GTD at Sign||Total GTD|
|4 yr(s) / $9,471,648||$4,968,471||$2,367,912||$7,575,059||$7,575,059|
|Year||Base Salary||Signing Bonus||Cap Hit||Dead Cap||Yearly Cash|
What are the terms of Lamar Jackson’s contract?
According to the terms of Lamar Jackson’s contract with the Baltimore Ravens, he is set to earn a base salary of over $1 million in 2021. The deal guarantees him $7.5 million, which includes a signing bonus, salaries of 2019 and 2020, and an additional $355,000 of his 2021 salary. He also has a 5th-year option available and only time will tell whether Jackson will be choosing it or not.
How long is Lamar Jackson’s contract?
Lamar Jackson’s rookie contract is 4 years long and ends in 2021. There is speculation of an extension, with negotiations yet to begin.
What is Lamar Jackson’s Salary?
Lamar Jackson has an annual salary of $2,367,912.
What is Lamar Jackson’s Net Worth?
In just his 4th season in the League, Lamar Jackson has earned himself a net worth of $4 million. He launched his own sports apparel line, Era 8 Apparel, in 2018, and filed a lawsuit against Amazon for using his name and endorsing his products without authorization. In 2020, Jackson signed an endorsement deal with Oakley, Inc, which also contributes to his net worth.