Lamar Jackson is on a 5-year $260,000,000 contract extension that he signed with the Ravens in 2023, which saw him earn a massive $72,500,000 signing bonus for remaining in Baltimore. His base salary in 2024 was $14,250,000 and he received a $17,500,000 option bonus. Jackson’s cash total for the season was $43,500,000.

Baltimore Ravens quarterback Lamar Jackson is the favorite to win the league's Most Valuable Player award for a second consecutive season and third time in his