Ravens Plan To Sign Lamar Jackson to Massive New ‘Highest-Paid-Ever’ Extension originally appeared on Athlon Sports.
The Baltimore Ravens are one of the few teams in football that would not trade their quarterback for anything. Lamar Jackson doesn’t just make the Ravens perennial contenders. He’s the engine of the offense and the biggest factor in forging Baltimore’s identity.
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He’s also eligible for an extension, and this fact comes after several quarterbacks have separated Jackson from the top of the market.
Jackson signed a five-year, $260 million contract that temporarily made him the sport’s highest-paid player. By average annual value, he now ranks 10th. Subsequently, a new deal could be signed before the season, rightfully putting him amongst the best-compensated passers in the NFL.
NFL Media recently urged the Ravens to sign Jackson to a massive extension, ranking him as the player most deserving of a raise.
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“Jackson and Patrick Mahomes could probably hold a spot on top of this list forever — or at least for as long as they are playing football, no matter what their game checks look like,” Tom Blair wrote. “How much is too much to pay a walking, talking ticket to Super Bowl contention?”
And now it’s being suggested that a new deal is coming.
“RickeyScoops” on social media can goof around on his audience … but he also has a habit of accurate projections.
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“The Ravens intend to make Lamar Jackson the highest paid QB in the NFL before the start of the season,” he writes.
And that sounds right on to us.
Jackson almost won his third MVP in 2024 (he took home first-team All-Pro recognition), and it may have been his best season. In terms of passing production, it was easily his most impressive campaign.
Jackson logged his first 4,000-yard season in 2024. He led the NFL in touchdown percentage, yards per attempt, passer rating, and quarterback rating.
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His athleticism under center is unparalleled, making Baltimore’s ground game as dangerous as its aerial attack. No passer has more gravity, giving him a skill set only constrained by market tradition and the salary cap.
The Game of Highest-Paid-Player at QB” is a constant one. Dallas Cowboys leader Dak Prescott is presently tops at $60 million APY … but here comes Baltimore.
If there were any doubts about Jackson’s worthiness the last time around, he obliterated them with back-to-back MVP-caliber campaigns. Jackson has shown no signs of slowing down, and as he grows into one of the game’s best passers, Baltimore can feel even more confident in ensuring he is around for as long as possible.
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It’s only a matter of time, we bet, before the Ravens make Jackson the highest-paid player in the sport for the second time.
This story was originally reported by Athlon Sports on Aug 7, 2025, where it first appeared.