According to Ian Rapoport, Lamar Jackson is staying in Baltimore. Jackson has agreed to a five-year 260 million-dollar contract. 185 of those 260 million dollars are guaranteed. Which means around 71 percent of the contract is guaranteed.
Up until this point, the Ravens have given in to his demands for a better wide receiver room by getting Odell Beckham Jr. The Ravens may go wide receiver in this draft as well to keep adding to this position group. This contract will tie him to the Ravens for the next five years.
As reported by Jay Glazer, this contract will make him the highest-paid player in the league. While any deal would have certainly made the most-paid player in the league, it all came down to the guaranteed money in the deal for the former MVP.
In terms of guaranteed money, it seems like Lamar may have gotten a bit of an edge on Baltimore considering it was at a standstill for a huge part of the off-season. Additionally, a lot of teams had checked out of the Lamar Jackson market by publicly announcing they were not interested in trading two first-round picks (the penalty for the tag).
Getting way more than $133 million guaranteed is huge for Lamar Jackson who represented himself. That number was disputed by Lamar Jackson himself but it seems like this was near the range the Ravens were willing to offer (at the least whether the report is true or not, we will never know).
While he was on the franchise tag, he could have sat out for a portion of the season until he got the deal he wanted.
While he might not be able to stay healthy 100 percent of the time, Lamar Jackson is an MVP-level QB who is one of the best in the league. It seems like the Ravens were able to get a deal done with Lamar using Jalen Hurts’ deal as a marker for the extension.
Lamar Jackson was able to get a huge chunk of his contract guaranteed and made the Ravens change their offensive coordinator/system and money investment at the wide receiver position. He did this even without an agent. That is a huge win for Lamar Jackson.