Lamar Jackson’s 2021 salary is $25 million.
Jackson was the first overall pick in the 2021 NFL draft, and he signed a deal worth $25 million with the Cleveland Browns. That makes him the highest-paid rookie in the league, which is no surprise given that he won the Heisman Trophy as a junior at Louisville, where he threw for 3,600 yards and rushed for 1,200 more.
Lamar Jackson Salary For 2021
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Modified 21 Nov 2021
Lamar Jackson deserves to be one of the highest-paid players in the NFL. The 2019 league MVP has led his team to a 36-10 record in games he’s started since 2018. Jackson has changed the way we look at the ideal, modern NFL quarterback.
But despite his accomplishments, the 24-year-old is still being paid on his rookie contract. He’s hardly earning any money at all by the standards of a player of his caliber. But that will change as Jackson is due for an extension that will likely occur after this season.
How much does Ravens QB Lamar Jackson earn in Baltimore?
Alarmingly, Lamar Jackson is just the tenth highest earning offensive player on the Baltimore Ravens in 2021.
Ravens’ highest salary cap hits for offensive players in 2021:
1. Ronnie Stanley $15.25M
2. Nick Boyle $5.833M
3. Sammy Watkins $5M
4. Kevin Zeitler $4.05M
5. Patrick Ricard $3.983M
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.
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10. Lamar Jackson $3.013M
Louisville’s legendary quarterback is making $1,242,120 in salary for his 2021 play. $1,771,588 was given to him as a signing bonus ahead of the season. Since he’s still on his rookie contract, it’s a team-friendly deal.
In 2022, Lamar Jackson will be a much richer man with the increase in money that goes with his fifth-year option. The former Heisman Trophy winner will see a massive spike in salary and make $23,016,00 next year.
Although the money will be nice for one year, Jackson is still in need of an extension. The Ravens and their young quarterback tried hammering out a deal before the season but ultimately couldn’t agree on the numbers.
Jackson has taken a mature attitude towards the negotiation process. He is focused solely on a Super Bowl title this year. He knows how well his level of play determines if he gets the ten-year extension he desires.
Lamar Jackson is eligible for a contract extension this offseason, but says that’s not what he’s worried about 🏆
Lamar Jackson may rival Patrick Mahomes for the largest contract in NFL history
Patrick Mahomes became the richest player in NFL history with a ten-year, $503 million contract extension in July of 2020. Mahomes set the market value for a superstar quarterback astronomically high.
But in the NFL, the quarterback is the most influential position, and the Ravens will have to pay up. If anyone deserves to have close to as much money as the 2018 MVP Mahomes, it’s Jackson.
Current Contract
(Drafted, signed 2018)
(📝: indicates contract trigger occuring during that year)
| Year | Age | Base Salary | Prorated Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap SavingsCut (pre-June 1)Cut (post-June 1)Trade (pre-June 1)Trade (post-June 1)RestructureExtension | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018 | 21 | $480,000 | $1,242,118 | $480,000 | $1,722,118 | 1.0% | |||||
| 2019 | 22 | $910,530 | $1,242,118 | $910,530 | $2,152,648 | 1.1% | |||||
| 2020 | 23 | $1,341,060 | $1,242,118 | $1,341,060 | $2,583,178 | 1.3% | |||||
| 2021 | 24 | $1,771,590 | $1,242,118 | $1,771,590 | $3,013,708 | 1.7% | |||||
| 2022 | 25 | $23,016,000 | $0 | $23,016,000 | $23,016,000 | 11.2% | $23,016,000 | $0 | |||
| Total | $27,519,180 | $4,968,472 | $27,519,180 | $32,487,652 |
Contract Notes
Lamar Jackson signed a four year contract with the Baltimore Ravens worth $9,471,652 on June 5, 2018. Jackson received $8, 055,062 in guarantees including a $4,968,472 signing bonus. The other guaranteed portions of the contract are Jackson’s entire 2018, 2019 & 2020 salaries and $355,000 of his 2021 salary. Jackson was the 32nd pick in the 2018 NFL Draft.
Cash Flows
– fully earned money
– unearned or partially earned money
$2.4M
$4.7M
$7.1M
$9.5M
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Cash Due | $5,448,472 | $910,530 | $1,341,060 | $1,771,590 | $23,016,000 |
| Running Cash | ($17,567,528) | ($16,656,998) | ($15,315,938) | ($13,544,348) | $9,471,652 |
