Baltimore Ravens quarterback Lamar Jackson has had another incredible season, and he might win his third NFL MVP award. If he does, he would become just the seventh player to achieve the feat three times.
Jackson has become one of the faces of the NFL, but is he also one of the highest-paid players in the league? Let’s examine the Ravens superstar’s contract, salary, net worth, and career earnings.
Lamar Jackson’s Contract and Salary
Throughout the 2023 offseason, all eyes were on Jackson and the Ravens to see if they could reach an agreement on a new contract. Baltimore initially used the franchise tag on Jackson, but then the two sides ultimately agreed to a five-year, $260 million contract.
This deal featured $185 million in total guarantees and a $135 million injury guarantee. Jackson’s 2024 salary and roster bonus, and his 2024 and 2025 option bonuses are fully guaranteed for injury.
This deal made Jackson the NFL’s highest-paid quarterback for several months, with an average annual value of $52 million.
However, Jackson is now the eighth-highest-paid QB in the NFL after the recent contracts signed by Dallas Cowboys quarterback Dak Prescott ($60 million annually), Cincinnati Bengals quarterback Joe Burrow ($55 million), Green Bay Packers quarterback Jordan Love ($55 million), Jacksonville Jaguars quarterback Trevor Lawrence ($55 million), Miami Dolphins quarterback Tua Tagovailoa ($53.1 million), Detroit Lions quarterback Jared Goff ($53 million), and Los Angeles Chargers quarterback Justin Herbert ($52.5 million).
The quarterback market continues to surge, and San Francisco 49ers quarterback Brock Purdy is next in line for a new deal. It will be interesting to see if the former Mr. Irrelevant ends up earning more than Jackson, a multi-time MVP.
In 2026 and 2027, Jackson will have a base salary of $51.25 million and a signing bonus of $14.6 million, giving him a cap hit of $74.6 million in both years.
What Is Jackson’s Net Worth and Career Earnings?
Jackson’s net worth is approximately $40 million to $60 million, depending on the source.
However, this estimate feels a bit low, as Jackson has already earned $144,524,549 from his NFL contracts alone.
KEEP READING: Check Out Lamar Jackson’s Impressive Car Collection
This $144.5 million figure doesn’t even factor in his endorsements. Jackson has partnered with a number of brands, including Nike, NFL Pro Era, Oakley, Play Action Soulfood, Pizza Hut, Bose, Hulu, and Oakley.
Regardless, his net worth will certainly increase in the coming years, as Jackson is due a lot of money over the next few seasons.
Even without an NFL agent, it’s safe to say Jackson is thriving — on and off the field.
This season, Jackson was the No. 1-ranked quarterback in the league in PFN’s QB+ metric, with a grade of 99.8 (A+). PFN’s QB+ metric assigns a letter grade to every quarterback performance and factors in a number of stats such as success rate when pressured, third-down conversion rate, pocket production, and clutch performance.
Ravens vs. Bills Game Preview
- Location: Highmark Stadium, Orchard Park, N.Y.
- Time: 6:30 p.m ET
- Channel: CBS, Paramount+
The Bills will look to avenge their 35-10 loss to the Ravens in Week 4. The Bills Mafia will be out in full force and the stadium will be rocking.
This was the only game in which Allen neither passed nor rushed for a touchdown. Allen was sacked three times in this game, compared to a total of 11 sacks across their other 16 regular season games.
Josh Allen’s QB+ score against the Ravens was his lowest of the season, according to PFN’s QB+ metric. He recorded a QB+ score of 86.5 (B) against the Denver Broncos in the Wild Card Round.
Jackson’s QB+ score in Week 4 was his 10th-best of the season. He also posted a QB+ score of 86.5 against the Steelers in the Wild Card Round.
The Bills’ Offense+ score in Week 4 ranked 29th, while the Ravens’ Offense+ score was also the 29th best in the NFL this season. Meanwhile, the Ravens’ Defense+ score was their third-best of the season, while the Bills registered their second-worst of the season.
Since Week 9, Jackson has been exceptional on non-pressured passes, completing 75.8% of his attempts for 20 touchdowns and just one interception on 161 throws.
Over their past five games — all victories — Baltimore has scored touchdowns on 40.8% of their drives, an improvement from their already elite 33.3% rate earlier in the season.
Defensively, the Ravens have been dominant on fourth downs, with opponents going 0-for-6 in the past four games. This is a significant improvement from their previous stretch, where opponents converted 12 of 23 attempts.
On Saturday, Jan. 11, Derrick Henry made history as the first NFL player aged 30 or older to record four games in a season with at least 130 rushing yards and multiple rushing touchdowns.
Excluding the one-snap Week 18 game, Allen has been remarkably efficient on third downs, completing 13 of 16 passes with two touchdowns and no interceptions over his past two games.
The Bills have taken excellent care of the football, avoiding a turnover in six of their seven games since their Week 12 bye.
Buffalo’s red-zone defense has also shown improvement. After allowing Baltimore to score touchdowns on all four red zone trips in their Week 4 meeting, the Bills have given up just two red zone scores on six trips over their past three games (Denver went 0-for-1).
Notably, the Bills didn’t lead for a single second in their first matchup against the Ravens. This could be significant for James Cook, as his production over expectation this season is 16.4% higher when Buffalo is playing with a lead rather than from behind.
Jackson and Allen are widely expected to be the top two vote-getters in this season’s MVP race. This matchup could mark only the ninth instance in the past 45 seasons where the top two MVP vote-getters have faced each other in the playoffs.
The MVP winner’s team has emerged victorious in six of the last seven such meetings. The last runner-up to win was Drew Brees in Super Bowl 44 after the 2009 season when his New Orleans Saints defeated Peyton Manning’s Indianapolis Colts.
Per Pro Football Network’s Playoff Predictor, with 10,000 simulations, the Ravens are an underdog and given a 47.9% chance of winning against the Bills.
