Lamar Jackson and Ravens Agree to NFL Record Five-year, $260 Million Contract
Lamar Jackson. AP
By: Omar Cook
NFL Network Insider Ian Rapoport reported on Thursday that the Ravens and star quarterback Lamar Jackson have come to an agreement on a five-year, $260 million contract, effectively ending an ongoing battle of contract negotiations between Jackson and the Ravens organization.
The agreement was reached just a few hours prior to the start of the 2023 NFL Draft. Josina Anderson reports that the contract comes with $185 million in guaranteed money.
"You know, for the last few months, there's been a lot of he's said, she's said," Jackson stated in a video posted by the Ravens. "A lot of nail-biting, a lot of head scratching going on, but for the next five years, it's a lot of flock going on. Let's go, baby. Let's go. Let's go, man. Can't wait to get there. Can't wait to be there. Can't wait to light up M&T (Bank Stadium) for the next five years, man. Let's get it."
According to NFL Network Insider Ian Rapoport, the negotiations for a substantial contract between Lamar Jackson and the Baltimore Ravens have been ongoing for over two years. Rapoport added that after Jalen Hurts signed a five-year, $255 million deal 10 days ago, the Ravens made a competitive offer that surpassed it.
We’ve agreed in principle on a 5-year contract extension with QB @Lj_era8‼️
— Baltimore Ravens (@Ravens) April 27, 2023
😈😈😈😈 pic.twitter.com/tQj1Rzqcha
Jackson took over as the starting quarterback midway through his rookie campaign in 2018, has been dominant on the field ever since. In his first complete season, he won the NFL MVP award in 2019 after throwing for 3,127 yards and a league-leading 36 touchdown passes, as well as rushing for 1,206 yards and seven scores.
Jackson's versatile skills as a dual threat QB make him a formidable threat for defenses. The Ravens have tailored their offensive strategy around his running prowess, but Jackson's underrated abilities as a pocket passer and with his arm have played a crucial role in his success. His massive new contract is a testament to his exceptional all-around talents.
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