Lamar Jackson’s dramatic contract saga is over.
The NFL quarterback has signed an extension with the Baltimore Ravens.
The news was initially teased by Fox insider Jay Glazer.
“In non-draft scoopage, hearing there’s been major progress between Lamar Jackson and #Ravens” said Glazer on Thursday. “Source close to Jackson told me if no hiccups could be done VERY soon, any day now.”
Pretty soon after that, NFL Network’s Ian Rapoport made it official. He also added some details, saying that Jackson had signed a five-year deal that made him the highest-paid player in the league.
“Sources: Lamar Jackson and the #Ravens have agreed to terms,” wrote Rapoport. “He has his deal. Lamar Jackson’s 5-year deal makes him the NFL’s highest-paid player, right over Jalen Hurts — who got a 5-year, $255M deal recently.”
Lamar Jackson's 5-year deal makes him the NFL's highest-paid player, right over Jalen Hurts — who got a 5-year, $255M deal recently. https://t.co/H2B60tJjrJ
— Ian Rapoport (@RapSheet) April 27, 2023
In fact, Jackson’s deal came in at $260 million, just beating out Hurts’ deal.
It's a 5-year deal for $260M for Lamar Jackson, source said. The new highest paid QB.
— Ian Rapoport (@RapSheet) April 27, 2023
The ordeal, which seemed at times like it would end with Jackson playing for another team next season, was put to bed by the Ravens, who tweeted out the news as well.
OUR QB. 😈😈😈 pic.twitter.com/yJRGGMFcGY
— Baltimore Ravens (@Ravens) April 27, 2023
Jackson had been upset with Baltimore for not offering him a fully guaranteed contract like the one the Cleveland Browns gave to Deshaun Watson. At one point, Jackson demanded a trade, though no other teams around the league stepped up to make a deal for him, prompting collusion concerns.
However, in the end, the former NFL MVP will be back with Baltimore for the foreseeable future.