Deals

Baltimore Ravens Extend Lamar Jackson for NFL Record $260 Million

April 27, 2023 | 06:04 pm | By Andrew Cohen

The five-year deal includes $180 million guaranteed, according to Josina Anderson
Jackson’s total surpasses Jalen Hurts’ $255 million deal with the Eagles

Oct 20, 2019; Seattle, WA, USA; Baltimore Ravens quarterback Lamar Jackson (8) throws a pass in the second quarter against the Seattle Seahawks at CenturyLink Field. Mandatory Credit: Kirby Lee-USA TODAY Sports

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Quarterback Lamar Jackson is staying with the Baltimore Ravens under a new five-year deal worth $260 million. The agreement includes $180 million guaranteed, according to Josina Anderson.

The $260 million represents the largest contract ever for an NFL player, beating out the deal fellow quarterback Jalen Hurts recently signed with the Philadelphia Eagles for five years and $255 million with $178 million guaranteed.

March 27th: Lamar Jackson announces desire to be traded out of Baltimore.

April 27th: Lamar Jackson — acting as his own agent — agrees to a reported 5-year, $260 million extension with the Ravens.

He's now the NFL's highest-paid player ever. pic.twitter.com/MlVJqDge4o
— Front Office Sports (@FOS) April 27, 2023

Jackson, 26, acted as his agent throughout his contract negotiating process. He was drafted with the last pick of the first round by the Ravens in 2018 and won NFL MVP in 2019, but injuries have limited him to 12 games in each of the past two seasons.

Details are not yet clear on Jackson’s annual salary by year. Here’s a top-ten list of the highest average salaries for NFL players after Jackson’s $260 million deal, per data from Spotrac.