Lamar Jackson’s Net Worth in 2024: How rich is the Ravens QB?
Know all about the Baltimore Ravens quarterback Lamar Jackson’s impressive net worth, contracts, salary, endorsements and more.
Lamar Jackson (Image: FS)
The Baltimore Ravens quarterback Lamar Jackson is now playing his sixth season in the league. The sensational QB has already become a fan favorite among the Ravens faithful with his consistent performances on the gridiron. Amid all speculations regarding the player, exactly how much fortune has the 27-year-old made in his career, and what is Lamar Jackson’s net worth in 2024?
Originally drafted by the Baltimore Ravens in the 2018 NFL Draft, Jackson started his professional career with the franchise. Before his time in the league, the quarterback had played collegiate football at Louisville before declaring for the NFL Draft.
The phenomenal talent became a unanimous NFL MVP in 2019 for his stellar campaign with the Ravens. Now playing his sixth season with the franchise, exactly how much fortune has the quarterback made in his career to date? Here’s what you need to know about Lamar Jackson’s net worth in 2024.
Lamar Jackson’s Net Worth
NFL professional Lamar Jackson has an estimated net worth of about $40 million in 2024. The talented QB has made an impressive fortune for himself from his player contracts and brand endorsements.
Over the course of the last five seasons, Jackson has made more than $30 million in career earnings alone and will be adding massively by the end of the running NFL season. His gigantic five-year $260 million contract is one of the most expensive in league history and will contribute significantly to LJ’s overall net worth.
Besides player contracts and NFL salaries, the quarterback has signed several endorsement deals with renowned outlets. He has partnered with Bose, Visa, Courtyard Hotels, and Oakley, among others. These endorsements and brand partnerships have also added substantially to the quarterback’s overall fortune.
Contracts and Salary
Lamar Jackson signed a five-year contract worth $260,000,000 million with the Baltimore Ravens in April 2023. The deal originally came with $135,000,000 guaranteed at signing and an average salary of $52,000,000 per annum.
For the recently concluded NFL season, Jackson received a base salary worth $7,500,000 while carrying a cap hit value of $22,150,000 and debt cap value of $135,000,000. There is a full no-trade clause present in the contract, as well as a no-tag clause after 2027, per Spotrac.
Bonuses
Lama Jackson has also made a substantial fortune from bonuses, signing bonuses, and roster bonuses. His lucrative $260 million deal with the Ravens comes with a massive signing bonus worth $72,500,000.
This sum will be paid in equal sums of five installments across the course of his contract. For the running NFL season, Jackson is expected to receive $14,650,000 as the first installment of his total signing bonus.
There are optional bonuses and performance-based incentives present in the massive five-year deal for the coming seasons starting from 2024. Previously, Lamar Jackson had signed a four-year rookie contract worth $9,471,648. His initial contract with the Ravens carried a signing bonus of $4,968,471, which was signed in June 2018.
Endorsements
One of the premier superstars in the league, Jackson has received multiple brand endorsement offers from renowned outlets. He has so far partnered with Courtyard Hotel, Status Pro, Visa, Bose, and Madden NFL, among others.
The quarterback has also signed endorsement deals with Fly Supply, Oakley, Era 8, and Blaze Pizza. These brand collaborations and endorsement deals have added significantly to Lamar Jackson’s overall net worth.
FAQs
The Baltimore Ravens drafted Lamar Jackson in the 2018 NFL draft.
Lamar Jackson is 27 years old.
Lamar Jackson plays quarterback for the Baltimore Ravens in the NFL.
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