Quarterback Lamar Jackson has been thriving since he was drafted by the Baltimore Ravens in the 2018 NFL Draft. Your email address will not be published. The 24-year-old athlete rose very quickly to fame and was even named NFLs most valuable player of 2019. Jackson stands to make roughly $180 million over the next four years if he and the Ravens don't come to any agreement. That amount of money is nothing to scoff at in general, but for an NFL MVP who's still healthy and going. Nov 8, 2020; Indianapolis, Indiana, USA; Baltimore Ravens quarterback Lamar Jackson (8) passes the ball against the Indianapolis Colts in the first half at Lucas Oil Stadium. Jackson also set a record for most 100-yard rushing games in a season. The Baltimore Ravens still have not been able to resolve their situation with quarterback Lamar Jackson, who looks to be asking for a fully-guaranteed . He would throw just one interception the rest of the season. By the end of this article, you should have a better idea of how much money Lamar Jackson makes each year, and the true cost of signing him. Jackson, the 2019 NFL MVP, is slated to earn $23 million on the fifth-year option of his rookie contract, and the extension would have kicked in next season. NFL Cut Candidates 2021: Alshon Jeffery, Matthew Stafford could be cut this offseason, Patrick Mahomes 10-year contract extension, Lamar Jackson has a market value of around $43.5 million per year. Lamar Jackson can lay a claim to being one of the best quarterbacks in the NFL. However, the current financial climate of the NFL may lead to prolonged discussion. Jackson is just 23 with two years in the NFL, with not much in the way of endorsements yet. NFL team previews 2022 Our experts answer questions, pick breakout players, make bold predictions and give . This site uses Akismet to reduce spam. He has a guaranteed salary of $9.471 million over the next four years, and he is expected to make millions more through endorsements and investments. So much so that he secured only the 2nd unanimous NFL MVP vote in history. When he was in college, he played football for the University of Louisville. An MVP award would certainly change that, but even if he doesn't win one expect his endorsement deals and net worth to skyrocket. Some major company has missed out on an excellent opportunity to market their products to a generation of Lamar Jackson fans through similar strategies. Prior to bowl season, Jackson had 25 touchdown passes and six interceptions and was again a Heisman finalist (ultimately losing to Baker Mayfield). pryrates2023 says: The chain features 258 grams of gold and multiple 25 carats of VVS stones. ", While it's unclear if Jackson will sign with one of those major companies in the near future, he did ink his first endorsement deal ever in August 2020 with sunglasses company Oakley, according to Sports Illustrated. In 2019, he was named as the NFL's Most Valuable Player following a unanimous vote in his favor (viaNFL). That amount of money is nothing to scoff at in general, but for an NFL MVP who's still healthy and going strong, it's a surprisingly low number. This includes his salary, bonuses, endorsements, investments, and businesses. Jensen estimated that Jackson's savings from not having an agent negotiate his four-year, $9.5 million rookie contract exceed what he might've earned from early-career endorsement deals. Mahomes deal had just a $10 million signing bonus, while Watson got $27 million. Jackson was hurt during the 2021 and 2022 baseball seasons. Lamar dont need a shoe contract, moms already handled that. He also has the potential to make even more money if he continues to perform well on the field. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. Additionally, teams must consider the cost of signing other players, as they may need to shed salary in order to fit Lamar Jacksons contract under the salary cap. Head coach Mike Tomlin and the Pittsburgh Steelers are being encouraged to make a major move in the NFL draft. NFL players on their rookie contract cannot extend their deal until they have finished their third season. Maybe if his ego would allow him to accept direction from a knowledgeable fiduciary (not from family members) he would be better positioned right now for all kinds of deals. Oct 18, 2020; Philadelphia, Pennsylvania, USA; Baltimore Ravens quarterback Lamar Jackson (8) gives a thumbs up to Ravens fans as he runs off the field after win against the Philadelphia Eagles at Lincoln Financial Field. Lamar Demeatrice Jackson Jr. is the quarterback for the Baltimore Ravens in the National Football League. Teams have a window between the end of the player's third season and May 3 to exercise this option. Another thing that should be considered is that if youre committed to being the best NFL QB you can be, you just dont have the time in the day left to put in all the work that a good agent/business manager does to ensure you get the best possible endorsements and contracts. His late touchdown passes weren't enough, and the team lost 23-17. The intriguing part will be the makeup of the deal. Register now! The cost of that franchise tag is set to be $23.5 million in 2021. Jackson's base salary is jumping from $1.77 million last season to $23.02 million this season as he plays on a fifth-year option. Empowering Lives with Nutritious and Delicious NDIS Meals! On the back of his record-setting season, where he became only the second NFL player to claim the regular season unanimously, Lamar Jackson was chosen to feature on the cover of Madden 21. This could put a strain on the teams finances, as they will be forced to pay him more than they initially expected. He signed a four-year, $9.47 million rookie contract after being selected 32nd overall by Baltimore in the 2018 NFL Draft. We will also look at the high pricetag that comes with signing the NFL superstar, and examine the long-term implications of having him on a team. If someone wrote an article about you and how you should be making more money, more deals, more bonuses and yes again, more money, would you be upset at the authors or try to figure out whether its possibly true? In addition to throwing 30 touchdown passes, he rushed for 1,571 yards with 21 rushing touchdowns. In 2021, he is scheduled to earn a base salary of $2.5 million, plus a roster bonus of $750,000. Instead of a lucrative signing bonus, look for the Ravens to guarantee a large portion of Jacksons contract. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. Twitch and YouTube superstar Kai Cenat tries on an Iron Man suit gifted to him by another internet influencer, Mr. However, Mahomes is generally regarded as the better QB of the two. But the fact is the few commercials I've seen Lamar in he's been . That means he will make $1.28 million per week, which is almost the equivalent of his entire 2021 salary. Surprisingly, that's not the case. The fifth-year on the deal would serve as a nod to Jackson having been the league MVP in 2019. Here's How Much Lamar Jackson Is Really Worth. READ ALSO: Lamar Jackson wife: Who is Lamar Jackson girlfriend, Jamie Taylor. Earning an annual salary of $1.7 million at just 24 years old, Jacksons future looks very bright. Celebrity Networth estimated that the quickly rising star quarterback has an estimated net worth of $4 million as of 2021. Lamar Jackson Cars Despite his phenomenal college career, Jackson was the fifth quarterback drafted in the 2018 NFL draft behind Mayfield, Sam Darnold, Josh Allen and Josh Rosen. The No. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. Louisville started 9-1 as Jackson not only slashed through defenses as a runner but improved dramatically as a passer. Lamar Jackson was estimated by Celebrity Net Worth to be worth $4 million. Pro Football Network, LLC. That way, Jackson gets a lump sum of money each season and is protected by the guarantees if he gets cut. Mandatory Credit: Eric Hartline-USA TODAY Sports During his time with the Louisville Cardinals, Lamar Jackson earned plaudits for his rushing and claimed the 2016 Heisman Trophy. The Ravens picked up Jackson's fifth-year option and will pay him $23 million in 2022. Lamar Jackson passing stats (2020-'21):. Much more. Lamar Jackson signed a 4 year, $9,471,648 contract with the Baltimore Ravens, including a $4,968,471 signing bonus, $7,575,059 guaranteed, and an average annual salary of $2,367,912. In 2023, the exclusive franchise tag for quarterbacks is estimated to be roughly $40 million. 8 has not teamed up with major clothing brands. Copyright 2019-2023. The best insights from the ultimate insiders, 2023 NYP Holdings, Inc. 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Unlock new opportunities and expand your reach by joining our authors team. the Flock Strongly Agrees, Deshaun Watsons Market Setting Fully Guaranteed Contract Considered for Your email address will not be published. Ravens Superstars $250 Million Mighty Issue, Need a Change: 1300 Players Voted an F Grade for Ravens Strength Coaching and Pro Football Network strives to passionately deliver purposeful, captivating, and exceptional football content. Brady was represented throughout his career by Don Yee. Any signing bonus Jackson gets will immediately impact the Ravens salary cap in 2021. Lamar Jackson's NFL Salary In 2018, Lamar signed a four-year rookie contract worth $9.47 million including a $4.97 starting bonus with the Baltimore Ravens. Baker Mayfield has a host of endorsements and national commercial coverage despite having marginal success in the NFL.Bakers endorsements include Progressive, Nike, BodyArmor, Nissan, Hulu, Amazon, Panini America, and Allen Edmonds.The real question is why doesn't Lamar Jackson have more? Charismatic? Jackson, the 2019 NFL MVP, is slated to earn $23 million on the fifth-year option of his rookie contract, and the extension would have kicked in next season. How realistic is that figure? But Jackson is (or should be) much closer to fitting the definition of Americas Quarterback than Dak. In 2018, Lamar signed a four-year rookie contract worth $9.47 million including a $4.97 starting bonus with the Baltimore Ravens. For his remarkable season, he was voted the winner of the 2016 Heisman Trophy. Jackson is a far more threatening option in the run game, but they are the closest comparisons. Lets assume that the Baltimore Ravens will exercise the fifth-year option for Lamar Jackson. the best running QB in the history of the NFL, ************************************************. Jackson was never redshirted, and in fact started eight games for Louisville in his true freshman season in 2015 (appearing in 12 games overall that year). 2023 TheStreet, Inc. All rights reserved. How much could Lamar Jackson earn on his next deal? Recently, John Lyn reveals a message to Tom Brady talking about his retirement matter. Credit where credit is due, Jon Jones is known as a dirty fighter who Golden State Warriors fans have been eagerly awaiting the return of their star player, What a start to his career Cody Garbrandt had! The Ravens still can retain Jacksons rights for 2023 by applying their franchise tag on the two-time Pro Bowler. Nevertheless, Smith clarified that players do not "need them in order to get their contracts done.". How realistic is that figure? Rising to fame as a star quarterback, Lamar has bagged a heavy starting contract that will only go uphill in the years to come. Spending big for millionaires is like a walk in the park. Yes, Prescott is the quarterback of Americas Team. Bridging the gap in annual value between Mahomes at $45 million and Watson at $39 million seems reasonable. According to ESPN, with his first big paycheck, Lamar bought a massive $1.3 million mansion in Baltimore. Furthermore, in his ongoing career, the quarterback has earned $7.9 million as of yet. As Jackson was named to the Pro Bowl in 2020 his fifth-year option salary will be equal to that of the transition tag for the QB position in 2021. Obviously, yes," perSportsBusiness Journal. I had a shoe deallol.. Beyond the NFL salaries, agents could get an even larger cut of a player's paycheck when it comes to endorsement deals. We will continue to work towards a long-term contract after the season, but for now we are looking forward to a successful 2022 campaign.. A player of his skills and standing should have more. The Ravens can franchise tag Jackson for next season and the year after that (a nonexclusive tag likely in the range of $32m, an exclusive tag around $46m for 2023), but Jackson wants a long-term . Because we respect your right to privacy, you can choose not to allow some types of cookies. So, no shoe deals arent that big of a deal for NFL players and maybe Lamar didnt see anything all that great to make him take a deal that maybe he didnt like. However, Lamar Jackson doesn't have an agent, per Bleacher Report. Therefore, while Lamar Jackson may sign a four-year contract extension, it would actually sign him to Baltimore through the next six seasons. According to Spotrac, Lamar Jackson has a market value of around $43.5 million per year on a four-year contract extension. Despite the high pricetag, teams would be wise to sign Lamar Jackson. Click on the different category headings to find out more and change our default settings. Your email address will not be published. The crucial first step is to understand that any contract Jackson signs will be considered an extension. Do you have knowledge or insights to share? Dec 20, 2020; Baltimore, Maryland, USA; Baltimore Ravens quarterback Lamar Jackson (8) walks into the end zone for a third quarter touchdown against the Jacksonville Jaguars at M&T Bank Stadium. (Note: Is this article not meeting your expectations? Partnered with the USA TODAY Sports Media Group|Powered by, Baltimore (BAL) exercised a $23 million option for 2022, Signed a 4 year $9.47 million contract with Baltimore (BAL), Drafted by Baltimore (BAL): Round 1 (#32 overall), $7.5M guaranteed (signing bonus + 2019 salary + 2020 salary + $355,000 of 2021 salary). Jackson passed for 179 yards and rushed for 90 with two touchdowns, and the Ravens defeated the Browns 26-24 to make it. Chase Elliott will miss the Pennzoil 400 at Las Vegas Motor Speedway after suffering an injury in Colorado. In his junior season, Jackson managed to actually put up some career-highs, besting some of the stats of his Heisman season like passing and rushing yards.