Lamar Jackson is presumably the next NFL quarterback in line to receive a new lucrative deal. The Baltimore Ravens continue to hint that an extension may come down the pipeline before the 2021 season. Jackson further cemented that possibility after his latest remarks.
Lamar Jackson’s contract situation with the Ravens
Since taking over as the Ravens’ starting quarterback, Jackson has guided the team to tremendous success.
The 24-year-old has quickly developed into one of the league’s best players while leading Baltimore to three consecutive playoff appearances. During that stretch, Jackson earned an NFL MVP award, a Pro Bowl selection, and a First-Team All-Pro nod.
Jackson’s continued upward trajectory has also put his contract situation front and center. He’s in the fourth year of his rookie deal that includes a $23 million team option for the 2022 season.
In January, head coach John Harbaugh stated that he envisions the Ravens working out an extension to keep the star quarterback in tow.
“I’m confident that [general manager] Eric [DeCosta] and those guys will do a great job of looking at that,” Harbaugh said via Baltimoreravens.com. “Of course, absolutely we want Lamar to sign a long-term deal. I’m totally certain that that’s going to happen. When it happens, that’s the details. That’s what we’ve got to figure out. … That will happen either this year or next year I’m sure.”
The Ravens continue to voice optimism toward cementing Jackson’s future. The former league MVP recently chimed in, providing additional insight.
Lamar Jackson uses six words to clarify his Ravens future
Earlier this month, general manager Eric DeCosta voiced that he spoke with Jackson about an extension.
The Pro Bowl quarterback confirmed that detail on Wednesday while stating that he wants to play his entire NFL career with the Ravens.
“I want to be here forever,” Jackson said via Jamison Hensley of ESPN.
Jackson’s remarks shouldn’t come as a surprise as he’s remained extremely loyal. The Ravens moved up into the first round of the 2018 NFL draft to take him and presented an opportunity to succeed.
The 24-year-old has made the most of the unwavering commitment by leading Baltimore to sustained success. The team hasn’t broken through in the playoffs but last season secured their first postseason win in six years.
Jackson has been the beacon for stability that the franchise lacked before his arrival. Baltimore previously missed the playoffs in three straight seasons, including four out of five overall.
There are still areas of needed improvement, but he’s transformed the Ravens into a postseason constant. Nonetheless, there is a strong mutual interest to work toward an extension potentially before the 2021 season.
What type of extension will Baltimore offer?
The question now centers on what type of extension the Ravens will offer their star quarterback.
Jackson’s latest comments indicate that he desires a lengthy deal to keep him in Baltimore for the next several years. It’s hard to envision him receiving near the 10-year, $503 million deal Patrick Mahomes received, but his contract could rival or top the four-year, $160 million extension Dak Prescott worked out with the Dallas Cowboys.
Jackson has accomplished more than Prescott, which should allow him to command a higher annual salary. He has proven to be a highly durable player despite his playing style that will only factor further into his favor.
He could secure an extension worth more than $200 million, but that will depend on the Ravens’ level of commitment. Beyond that, it’s only a matter of time before Baltimore has their quarterback locked into his next deal.
Contract figures courtesy of Spotrac.