Baltimore Ravens quarterback Lamar Jackson is having another incredible season and could win his third NFL MVP award. If he succeeds, he would become only the seventh player to achieve this feat three times.

Jackson has become one of the faces of the NFL, but is he also one of the league’s highest-paid players? Let’s take a look at the Ravens superstar’s contract, salary, net worth, and career earnings.

Lamar Jackson’s contract and salary

Throughout the 2023 offseason, all eyes were on Jackson and the Ravens to see if they could agree to a new contract. Baltimore initially used Jackson as a franchise, but the two teams eventually agreed to a five-year, $260 million contract.

This deal included a total of $185 million in guarantees and a $135 million injury guarantee. Jackson’s 2024 salary and roster bonus, as well as his 2024 and 2025 option bonuses, are fully guaranteed in the event of injuries.

This deal made Jackson the NFL’s highest-paid quarterback for several months, with an average annual value of $52 million.

However, Jackson is now the eighth-highest paid QB in the NFL, following recent deals with Dallas Cowboys quarterback Dak Prescott ($60 million), Cincinnati Bengals quarterback Joe Burrow ($55 million), and quarterback Jordan Love the Green Bay Packers, signed for millions), Jacksonville Jaguars quarterback Trevor Lawrence ($55 million), Miami Dolphins quarterback Tua Tagovailoa ($53.1 million), Detroit Lions quarterback Jared Goff ($53 million) and Los Angeles Chargers quarterback Justin Herbert ($52.5 million).

The quarterback market continues to grow and San Francisco 49ers quarterback Brock Purdy is next in line for a new contract. It will be interesting to see if the former Mr. Irrelevant ends up earning more than Jackson, a multiple MVP.

In 2026 and 2027, Jackson will have a base salary of $51.25 million and a contract bonus of $14.6 million, giving him a cap hit of $74.6 million in both years.

What is Jackson’s Net Worth and Career Earnings?

Jackson’s net worth is around $40 million to $60 million, depending on the source.

However, this estimate seems a bit low since Jackson has already earned $144,524,549 from his NFL contracts alone.

KEEP READING: Check out Lamar Jackson’s impressive car collection

That $144.5 million figure doesn’t even take into account his endorsements. Jackson has worked with a number of brands including Nike, NFL Pro Era, Oakley, Play Action Soulfood, Pizza Hut, Bose, Hulu and Oakley.

Regardless, his net worth is sure to increase in the coming years as Jackson is due a lot of money in the next few seasons.

Even without an NFL agent, it’s safe to say Jackson is doing well – on and off the field.