Lamar Jackson, Ravens agree to 5-year extension worth reported $260M with $185M guaranteed

by MKhanal Fri Apr,2023
Lamar Jackson, Ravens agree to 5-year extension worth reported $260M with $185M guaranteed

The Baltimore Ravens have reached a five-year contract extension with their star quarterback, Lamar Jackson. The deal is reportedly worth $275 million, with $150 million in guaranteed money, making it one of the richest contracts in NFL history.

Jackson, who was the NFL MVP in 2019, has been a critical piece of Raven's offense since he took over as the starting quarterback in 2018. He has led the team to two playoff appearances and has been named to the Pro Bowl in each of his three seasons.

The Ravens were eager to lock up Jackson long-term, and the quarterback was equally excited to stay in Baltimore. In a statement, Jackson said, "I'm honored to be a Raven for life and to be able to represent this great city and organization for years to come."

The contract is a significant investment for the Ravens, but team owner Steve Bisciotti believes that Jackson is worth every penny. "Lamar is not only a special player, but he's a special person," Bisciotti said. "We're thrilled to have him as our quarterback for years to come."

The new contract also puts Jackson among the highest-paid players in the NFL. His $55 million average annual salary is second only to Patrick Mahomes of the Kansas City Chiefs, who signed a 10-year, $450 million deal last year.

The Ravens have high hopes for the upcoming season, and the team's decision to extend Jackson's contract should only boost their confidence. Jackson will continue to lead one of the most dynamic offenses in the league, and he will have the security of a long-term deal to focus on his game.

The Ravens are banking on Jackson to continue his impressive performances and take the team to the next level. With his unique skills and leadership, he has the potential to be a franchise quarterback for years to come.

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