Five years, $287 million could be the magic number for the Ravens and Lamar Jackson
Our Summary
Ravens quarterback Lamar Jackson is seeking a new contract, with team owner Steve Bisciotti aiming to finalize a deal before the start of free agency. Previously, the Ravens offered Jackson a five-year, $262.5 million contract, making him the highest-paid player at that time. However, market values have increased since, with recent contracts pushing the annual average to $60 million. Jackson currently has two years and $104 million left on his contract. To exceed Dak Prescott's earnings, the Ravens might offer Jackson a three-year extension worth $183 million, translating to a five-year, $287 million deal. Key considerations include the contract's structure, signing bonus, and guaranteed amounts. Jackson previously sought full guarantees for five years but settled for three. The Ravens could potentially extend the contract to secure Jackson as the highest-paid quarterback again, but it remains to be seen if Jackson will push for more. If negotiations stall, the Ravens may restructure the deal, affecting future salary cap implications.
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