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    How much will Ravens QB make in 2024?
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    How much will Ravens QB make in 2024?

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    Week 10 of the 2024 NFL season begins on “Thursday Night Football” with a game between host Baltimore Ravens (6-3) and Cincinnati Bengals (4-5).

    The AFC North duel features two of the best quarterbacks in the conference this season. Cincinnati's Joe Burrow ranks third in the league in quarterback rating at 108.1, rebounding from his injury-plagued 2023 season.

    Baltimore's Lamar Jackson, in the running for NFL MVP honors for the third time in his career this season, leads the NFL with a quarterback rating of 120.7. After winning MVP honors last season, he leads one of the most productive and efficient offenses this season.

    The 27-year-old will experience his heyday as a passer in the next few years. Here's what you should know about his contract with the Ravens.

    Lamar Jackson contract details

    After months of negotiations with the team, Jackson signed a five-year, $260 million contract extension ahead of the 2023 season. Here are the basics of the deal, according to Spotrac:

    • Expression: 5 years
    • Total value: $260 million
    • Average Annual Value (AAV): $52 million
    • Guaranteed money: $185 million

    Jackson's contract ranks fifth among NFL quarterbacks in total value, eighth in AAV and sixth in guaranteed money. His contract also includes:

    • Complete no-trade clause
    • No-franchise tag clause after 2027 season

    This was Jackson's first extension after his rookie contract, which ran from 2018 to 2022. This contract increases his career earnings to $291.73 million.

    How much is Lamar Jackson salary in 2024?

    Jackson's cap hit of $32.4 million in 2024 is split between base salary ($14.25 million), signing bonus ($14.65 million) and an option bonus ($3.5 million). ). These numbers will change slightly as the deal progresses.

    Here is his base salary for each year of his current contract:

    • 2024: $14.25 million
    • 2025: $20.25 million
    • 2026: $51.25 million
    • 2027: $51.25 million

    And his total cap hit for each year of his contract:

    • 2024: $32.4 million
    • 2025: $43.65 million
    • 2026: $74.65 million
    • 2027: $74.65 million

    There are two invalid years attached to the end of his contract. In 2028, Jackson will have a cap hit of $12.5 million; He will hit a cap hit of $4.5 million in 2029. He could sign another extension before those invalid years and that would change the numbers.

    Lamar Jackson Stats

    In nine games this season, Jackson has completed 174 of 255 passes (68.2%) for 2,379 yards, 20 touchdowns and two interceptions. On the ground, Jackson has 84 carries for 505 yards and two rushing touchdowns.

    The Highest Paid NFL QBs

    AAV

    Jackson is one of nine NFL quarterbacks earning at least $50 million in AAV as part of his contract. Dak Prescott ($60 million) is currently the highest-paid quarterback in the NFL based on AAV.

    1. Dak Prescott, Dallas Cowboys: $60 million
    2. Joe Burrow, Cincinnati Bengals: $55 million
    3. Trevor Lawrence, Jacksonville Jaguars: $55 million
    4. Jordan Love, Green Bay Packers: $55 million
    5. Tua Tagovailoa, Miami Dolphins: $53.1 million
    6. Jared Goff, Detroit Lions: $53 million
    7. Justin Herbert, Los Angeles Chargers: $52.5 million
    8. Lamar Jackson, Baltimore Ravens: $52 million
    9. Jalen Hurts, Philadelphia Eagles: $51 million
    10. Kyler Murray, Arizona Cardinals: $46.1 million

    HIGHEST PAID NFL PLAYERS: Ranking the best NFL contracts for the 2024 season

    Guaranteed money

    Jackson ranks higher in guaranteed money on his contract, with Dak Prescott at the top under a deal he signed ahead of the 2024 NFL season.

    1. Dak Prescott, Dallas Cowboys: $231 million
    2. Deshaun Watson, Cleveland Browns: $230 million
    3. Joe Burrow, Cincinnati Bengals: $219.01 million
    4. Justin Herbert, Los Angeles Chargers: $218.74 million
    5. Trevor Lawrence, Jacksonville Jaguars: $200 million
    6. Lamar Jackson, Baltimore Ravens: $185 million
    7. Jalen Hurts, Philadelphia Eagles: $179.4 million
    8. Jared Goff, Detroit Lions: $170.61 million
    9. Tua Tagovailoa, Miami Dolphins: $167.17 million
    10. Jordan Love, Green Bay Packers: $160.3 million

    Total contract value

    Patrick Mahomes leads the NFL in total contract value as the total value of his 10-year deal with the Chiefs is $450 million. Jackson's contract just barely cracks the top five largest deals overall, as his five-year deal pays him $260 million.

    1. Patrick Mahomes, Kansas City Chiefs: $450 million
    2. Joe Burrow, Cincinnati Bengals: $275 million
    3. Trevor Lawrence, Jacksonville Jaguars: $275 million
    4. Justin Herbert, Los Angeles Chargers: $262.5 million
    5. Lamar Jackson, Baltimore Ravens: $260 million
    6. Josh Allen, Buffalo Bills: $258.04 million
    7. Jalen Hurts, Philadelphia Eagles: $255 million
    8. Dak Prescott, Dallas Cowboys: $240 million
    9. Kyler Murray, Arizona Cardinals: $230.5 million
    10. Deshaun Watson, Cleveland Browns: $230 million

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