Ravens QB Lamar Jackson turned down contract larger than Russell Wilson’s in key areas

The expected news became official on Friday when quarterback Lamar Jackson and the Baltimore Ravens formally suspended contract negotiations ahead of the 2022 season. Jackson is focused on this year, while head coach John Harbaugh has made it clear that he knew Jackson would be the team’s QB “for a long time.”

What kind of deal did Jackson turn down?

Sources say Jackson was offered a deal that eclipsed that of Broncos QB Russell Wilson in key areas, with Baltimore’s attempted extension exceeding the average $49 million a year in new money that Wilson has received September 1. or beat Wilson in terms of guaranteed money, with Wilson receiving 68% of his guaranteed deal.

It was almost that of Packers quarterback Aaron Rodgers, who will earn $50 million a year for the next three years in a highly guaranteed deal reached in March. As for the guaranteed money, it was lower than the fully guaranteed $230 million deal Browns quarterback Deshaun Watson received after Cleveland traded for Watson in March.

In fact, fully guaranteed money is believed to be the crux of the matter. Jackson is looking to get the most $230 million he can, opting to play on the fifth-year option of his rookie contract until he gets his desired deal.

Meanwhile, Ravens owner Steve Bisciotti spoke out in the spring, telling a small group of local reporters, “I don’t know if (Watson) should have been the first to get a fully guaranteed contract. me, it’s something that is revolutionary, and it will make negotiations more difficult with others.”

Jackson is representing himself, engaging in conversations with general manager Eric DeCosta about the deal. In a statement, DeCosta said, “We appreciate how he handled this process.”

Jackson is on his fully guaranteed fifth-year option this year, earning $23.02 million.

After the season, he faces the first of two franchise tags, with the non-exclusive tag worth $29.7 million and the exclusive tag worth $45.5 million (both numbers subject to change over the course of the season). next year). If there’s no deal, Jackson would likely get another tag the following year — and likely face a tag so high he’d become a free agent.

But there is a risk, given that only the fifth-year option is guaranteed at the moment. Jackson has always done things his way, and based on Friday’s decisions, he’s willing to bet on himself.

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