Lamar Jackson and the Baltimore Ravens have finally agreed to a deal. The two sides have agreed in principle on a five-year extension, the team announced on Thursday.
Jackson’s deal is worth $260 million over five years with $185 million guaranteed, according to CBS Sports NFL insider Josina Anderson. This makes Jackson the league’s highest-paid player with an average annual salary of $52 million. It puts Jackson just ahead of Eagles quarterback Jalen Hurts, who recently became the league’s highest-paid player after signing a five-year, $255 million extension. The guaranteed portion is second-best to Deshaun Watson’s $230 million in his deal with the Browns.
Sources: Lamar Jackson and the #Ravens have agreed to terms. He has his deal.
— Ian Rapoport (@RapSheet) April 27, 2023
BREAKING: Ravens, Lamar Jackson agree to terms on contract extension. (via @RapSheet) pic.twitter.com/986WnipDYK
— NFL (@NFL) April 27, 2023