Lamar Jacksons Record NFL Deal Secured

The Baltimore Ravens and quarterback Lamar Jackson have agreed to a long-term contract extension. The deal concludes negotiations that had been a subject of public discussion regarding the player’s future with the team. This agreement secures the former MVP as the franchise’s quarterback for the foreseeable term.

Main News

Lamar Jackson signed a five-year contract extension with the Baltimore Ravens. The total value of the contract is $260 million.

The agreement includes $185 million in guaranteed money. Jackson also received a signing bonus of $72.5 million.

His average annual salary is $52 million. This figure places him among the highest-paid players in the National Football League.

The contract was finalized ahead of the 2023 NFL season. Jackson had been previously assigned the non-exclusive franchise tag by the Ravens.

Summary

Lamar Jackson has committed to the Baltimore Ravens with a new five-year contract. The deal is worth $260 million in total.

The agreement provides the quarterback with $185 million in guaranteed payments. He also received a substantial one-time signing bonus.

This contract ensures Jackson will lead the team for the next several seasons. It resolves his contractual status after the team applied the franchise tag.

FAQs

**How much is Lamar Jackson’s new contract worth?**
Lamar Jackson’s contract extension is for five years and $260 million. This amount represents the total value of the agreement.

How much guaranteed money did Lamar Jackson get?
The contract includes $185 million in guaranteed funds. This is the amount Jackson is assured to receive regardless of performance or injury.

Is Lamar Jackson the highest-paid NFL player?
At the time of signing, Jackson’s $52 million average annual salary placed him among the league’s highest-paid players. Exact rankings can change as other players sign new contracts.

Disclaimer: This report is for informational purposes only and does not constitute financial advice. All information is based on verified reporting available at the time of publication.