Lamar Jackson signs record-breaking contract with Ravens.
1. Introduction
On Thursday, just before the NFL Draft, the Baltimore Ravens announced that they had reached a five-year extension deal with their star quarterback, Lamar Jackson.
The Legacy of Lamar Jackson's Contract Extension
2. Lamar Jackson's Contract Details
The terms of the contract were not disclosed by the team, but according to CBS Sports NFL insider Josina Anderson, the deal is worth a whopping $260 million, with $185 million of that amount guaranteed.
3. Jackson Becomes NFL's Highest-Paid Player
The average annual salary for Jackson's contract comes out to about $52 million, which makes him the highest-paid player in the NFL by average annual salary, as reported by Anderson.
4. Comparison with Other Quarterbacks' Contracts
However, the guaranteed portion of Jackson's contract is well under the $230 million guaranteed to Deshaun Watson of the Cleveland Browns last summer.
5. Lamar Jackson Expresses Excitement Over Contract Extension
In an official announcement video shared on the Baltimore Ravens' Twitter account, star quarterback Lamar Jackson expressed his enthusiasm regarding the extension of his contract. "I want to thank Ravens fans everywhere. I'm so excited to be a Raven for the long-term," he said.
6. Conclusion
Jackson's contract extension is a massive deal for both him and the Ravens, solidifying him as the team's franchise quarterback for years to come. With his electrifying playstyle and impressive record, he has undoubtedly earned his position as the highest-paid player in the NFL.
