Lamar Jackson and the Ravens were unable to agree upon a contract decision ahead of the quarterback’s self-imposed deadline on Friday, meaning that he’ll play out the fifth year of his rookie contract this season.
On Sunday, additional details about the negotiations came to light, just before Baltimore took the field against the Jets. According to ESPN’s Chris Mortensen and Adam Schefter, Jackson turned down a five-year extension offer worth over $250 million with $133 million guaranteed at signing.
The extension, which would’ve run through the 2027 season, would have increased the total of Jackson’s deal to just shy of $274 million over the next six years, according to ESPN. The contract would have paid the former MVP a higher average annual salary than the deals signed be fellow quarterbacks Russel Wilson and Kyler Murray earlier in the summer.