Dec 1, 2024; Baltimore, Maryland, USA; Baltimore Ravens quarterback Lamar Jackson (8) warms up prior the game against the Philadelphia Eagles at M&T Bank Stadium. Mandatory Credit: Mitch Stringer-Imagn Images
Jackson signed a five-year, $260 million contract with the Baltimore Ravens on May 4, 2023. Of this, $185 million is guaranteed, of which $135 million was fully guaranteed at signing. Jackson’s 2023 and 2024 salaries were also fully guaranteed, and he received a $72.5 million signing bonus.
Jackson has an option due in 2025 worth $22.5 million, and since Jackson was on the roster on the 5th day of the 2024 league year, he will have his 2025 base salary of $20.25 million and a $750,000 roster bonus become guaranteed. If on the roster on the 5th day of the 2025 league year, $29 million of Jackson’s 2026 salary will be fully guaranteed.
Baltimore can create $11 million in cap space by restructuring Jackson’s deal and turning some of his money into a signing bonus.
