Lamar Jackson hasn’t won that elusive Super Bowl just yet, but the Ravens quarterback is a two-time MVP.
That explains his mega-salary, which he won with a huge new contract in the spring of 2023. Perhaps the Super Bowl will come soon. (You can check the latest Baltimore Ravens odds here.)
Lamar Jackson Contract
Lamar Jackson signed a five-year, $260 million contract with the Ravens on April 27, 2023. The contract took effect for the 2023 season and runs through 2027.
The deal came after the Ravens used their franchise tag to extend their contractual control of Jackson beyond the deadline for 2023 NFL free agency.
The deal includes several provisions, including a full no-trade clause. Additionally, the Ravens cannot use the franchise tag on him again following the 2027 season.
Lamar Jackson Signing Bonus
Lamar Jackson received a signing bonus of $72.5 million.
Lamar Jackson Salary
In 2024, Lamar Jackson will receive a base salary of $14.25 million. Additionally, he received a $17.5 million option bonus, which became guaranteed on March 17.
For his five-year contract, Jackson’s average annual salary is $52 million.
Lamar Jackson Guaranteed Money
Lamar Jackson’s contract included $135 million in guaranteed money when he signed it.
Jackson’s contract includes an additional $50 million in guarantees, the last of which vests at the beginning of the 2025 league season.
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