Lamar Jackson Net Worth
Lamar Jackson, the formidable starting quarterback for the Baltimore Ravens, has become a household name with a reported net worth of $40 million in 2024. The talented player achieved NFL MVP status during the 2019 season and recently solidified his financial standing with a lucrative five-year contract extension worth a staggering $260 million.
Early Years and High School Success
Born on January 7, 1997, in Pompano Beach, Fla., Lamar Jackson’s journey to stardom began at Boynton Beach High School. During his two-year stint, he led the high school team to an impressive 21–4 overall record, amassing 2,263 passing yards, 1,624 rushing yards, and an impressive 53 touchdowns.
College Triumphs and Accolades
Moving on to his college career, Jackson, initially recognized as a three-star prospect, received offers from esteemed football programs. Opting for Louisville after visits to Mississippi State, Florida, Nebraska, and Louisville, he left an indelible mark. Jackson’s college stats included 9,043 passing yards, 4,132 rushing yards, 69 passing touchdowns, and 50 rushing scores. His outstanding achievements earned him prestigious awards such as the Maxwell Award, Walter Camp Award, and the coveted Heisman Trophy.
NFL Draft and Rookie Contract
In the 2018 NFL Draft, Jackson was selected in the first round with the 32nd overall pick by the Baltimore Ravens. Signing a four-year rookie contract worth $9.47 million, including a $4.97 million signing bonus, Jackson made his presence felt in his debut season, playing in all 16 games and achieving a passer rating of 84.5.
Breakout Season and MVP Glory
Jackson’s true breakout came in the 2019 season, where he completed 265 of his pass attempts for a remarkable 66 percent. With a career-high 36 passing touchdowns, he led the NFL and broke several records, including most rushing yards by a quarterback in a season. This stellar performance earned him the NFL MVP title, making him the third-youngest player to achieve this accolade at just 22 years and 356 days old.
Challenges and Contract Negotiations
Injuries posed challenges for Jackson in the subsequent seasons, leading him to reject a contract extension offer from the Ravens ahead of the 2022 season. The original offer was a six-year, $133 million deal, but Jackson aimed for a more lucrative agreement, aiming for at least $230 million after Deshaun Watson’s landmark deal with the Cleveland Browns.
Record-Breaking Contract Extension and Stellar 2023 Season
The turning point came in the 2023 offseason when Jackson signed a monumental contract extension. This paved the way for his best season since the MVP campaign, achieving a career-high 3,678 yards passing with a completion percentage of 67.2. Named First Team All-Pro, he is currently the betting favorite for his second MVP, leading the Ravens to a 13–4 record and a first-round bye in the NFL Playoffs.
The Financial Impact and Endorsement Landscape
With $185 million guaranteed over the next five years, Jackson’s net worth in 2024 is under scrutiny. The prolonged contract negotiations have sparked speculation about potential endorsement deals, considering Jackson’s limited portfolio that includes deals with Oakley and an NFL Pro Era VR deal but lacks a major shoe endorsement.
As the Ravens gear up for the playoffs, all eyes are on Lamar Jackson, prompting the question: Were you surprised by Lamar Jackson’s net worth in 2024? The football world awaits his continued success on and off the field. See More
