Source: sportingnews.com
Lamar Jackson agreed to a 5-year, $260m deal with Ravens, becoming the highest-paid QB in NFL history with $185m guaranteed. It's a badge of honor that also reflects appreciation.
The NFL is the world's largest sports league & many media outlets vie to be the go-to source for watching NFL games. These organizations offer packages that include a set number of games to attract viewers.
Source: sportingnews.com
Streaming services like Amazon are acquiring exclusive rights to Thursday Night NFL games, generating revenue for media companies & teams, leading to an increase in the salary cap & higher player salaries.
Source: geekwire.com
As the salary cap increases every year, Jackson won't be at the top of the pile for too long. The salary cap is currently at $224.8 million & is predicted to rise to $256 million by 2024, according to Over the Cap.
Source: cbssports.com
With the salary cap predicted to rise by $30 million in the next few years, QBs will have more money to negotiate. Jackson's current contract may soon be viewed as a bargain despite being the highest paid QB.
Source: nypost.com
As Herbert & Burrow are in their 4th year of rookie contracts, they can now get an extension. New QB contracts reset the market, & Hurts' deal served as a benchmark for Jackson's slightly more higher deal.
Source: billboard.com
Burrow & Herbert will also reset the QB market when they sign new contracts. They will likely get more money than Jackson. They will make $29.5 million on their 5th-year options if no long-term deals are agreed.
Source: theathletic.com