Lamar Jackson Contract Details
The Ravens are expected to finalize the Lamar Jackson contract on Wednesday. The deal is worth nearly $10 million and is a five-year guarantee. It also includes a $350,000 signing bonus and salaries for the 2019 and 2020 seasons. If he decides to opt-out of the contract in the fifth year, he will be owed an additional $355,000 in 2021. Several other important details are likely to be involved in the negotiations.
The Ravens are eager to sign Jackson and he has the option of signing a contract extension at any time. However, the deal will have to be signed before July 15, 2023, which means that it is unlikely to exceed $40 million. Regardless, the Ravens have good standing to place Jackson slightly below Mahomes, but he’ll not become a free agent until 2023. Therefore, there’s no guarantee that the Ravens will move up the pay scale.
The Ravens are aware that Jackson is a top-five NFL quarterback and are prepared to pay him that. The team will try to lock him down for a long time, but if they can’t get an agreement by 2023, they will likely use the franchise tag. While Jackson will most likely be paid in the top five, the Ravens will also be able to retain him indefinitely. The contract is likely to be worth $40 million per year.
Lamar Jackson Net Worth 2021
Lamar Jackson net worth 2021 What is Lamars contract extension worth
In November 2018, the Baltimore Ravens signed wide receiver Lamar Jackson to a four-year, $9.47 million contract. He earned a $4.97 million signing bonus, which will make his net value $10.8 million in 2020. In addition, he will receive an additional 2.3-million guarantee during the 2020 NFL season. His estimated yearly salary will be $32.7 million in 2021, according to ESPN’s Dan Graziano.
The Ravens have an expensive contract for Jackson, and the rookie has been hurt by injuries. The rushing attack is ranked fourth after six weeks. Sammy Watkins and first-round rookie Rashod Bateman will be absent on Sunday, and the offensive line will be without Ronnie Stanley, who broke his ankle and will need surgery. The extension is worth more than $5 million.
The deal is expected to make Jackson about $4 million by 2021. As a 24-year-old, his salary will be around $1 million. He also owns his clothing line and has a Mercedes Benz. He has a contract extension with the Baltimore Ravens that will last through 2021. However, there are some concerns about the contract’s length.