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.
| Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
| 5 yr(s) / $260,000,000 | $72,500,000 | $52,000,000 | $135,000,000 | $185,000,000 |
| Year | Base Salary | Signing Bonus | Option Bonus | Signing Proration | Option Proration | Cap Hit | Dead Cap | Yearly 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:
$135 million would be guaranteed at the time of signing
As of 2024, there would be a 90-man roster bonus amounting to $750,000
The 2025 salary would fully guarantee the 5th league day of 2024
In 2028 and 2029, the last league day of 2027 would be deemed void
There is a full no-trade clause which protects Jackson from being traded against his consent
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.
| Year | Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
| 2018 - 2022 | 4 yr(s) / $9,471,648 | $4,968,471 | $2,367,912 | $7,575,059 | $7,575,059 |
| 2023 - 2023 | 1 yr(s) / $32,416,000 | $32,416,000 |
See more:- Lamar Jackson Net Worth
FAQ's On Lamar Jackson Contract
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.
