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UPDATE: Lamar Jackson’s deal with the Baltimore Ravens is a five-year, $260 million contract with a whopping $185 million guaranteed, according to ESPN’s Adam Schefter.
With his new yearly average of $52 million per year, Jackson is now the highest-paid player in the NFL.
And he did all of that without an agent.
Compensation update: Lamar Jackson’s five-year deal is worth $260 million, including $185 million guaranteed, per sources. On an average per year basis, it makes Jackson the NFL’s new highest-paid player.
— Adam Schefter (@AdamSchefter) April 27, 2023
Baltimore Ravens fans can breathe a sigh of relief.
On Thursday, April 27, just hours ahead of the 2023 NFL Draft, the Ravens announced they have agreed to a five-year deal with franchise quarterback Lamar Jackson.
Jackson had previously been franchise tagged by the team and requested a trade. Now, the Ravens can move forward with their franchise quarterback locked up for the foreseeable future.
Terms of the deal were not announced.
After news of the deal was announced, Lamar Jackson appeared in a video tweeted out by the Ravens where he was relieved to finally put the drawn-out drama behind him and move forward with the team.
We’ve agreed in principle on a 5-year contract extension with QB @Lj_era8‼️
😈😈😈😈 pic.twitter.com/tQj1Rzqcha
— Baltimore Ravens (@Ravens) April 27, 2023
The Ravens recently signed star wide receiver Odell Beckham Jr. to a one-year deal, and with Jackson locked up long-term it will be interesting to see what they do throughout draft weekend to continue improving their offense.
Could a deal for DeAndre Hopkins be coming? Get your popcorn ready.
