Baltimore Ravens quarterback Lamar Jackson reportedly turned down a five-year $250 million contract extension and is set to become a free agent next offseason.
Jackson won the 2019 MVP and became the second unanimous winner of the award since Tom Brady after his dominant campaign. He is hoping to secure the latest long-term contract awarded to a quarterback, but Jackson turned the blockbuster offer down.
The extension offer - which would keep Jackson in Baltimore through the 2027 season - would have increased the total value of his current contract to around $274m over six years, according to reports. Jackson would have played out the $23m fifth-year option on his rookie deal before the extension would come into play which would have seen Jackson secure $133m guaranteed.