Lamar Jackson Thumbed Down Russell Wilson-Like Big Money Contract

Lamar Jackson, Baltimore Ravens — Lamar Jackson #8 of the Baltimore Ravens looks on from the sidelines during the second half against the Tennessee Titans at M&T Bank Stadium on August 11, 2022 in Baltimore, Maryland. Scott Taetsch/Getty Images

KEY POINTS

Lamar Jackson received an offer that was projected to be higher than what Russell Wilson got with Broncos
Jackson reportedly wants a rare, long-term deal with an NFL team
The Ravens may be forced to use a franchise tag on Jackson

Lamar Jackson is looking for a new deal, and it appears it will take huge money to get him to sign on the dotted line.

The Baltimore Ravens and the 2019 NFL MVP failed to agree to a long-term extension, meaning negotiations will be on pause as both sides head into an interesting NFL season.

However, details of what the Ravens offered Jackson have emerged.

The NFL Network claimed that the pitch was so huge that it was more than what the Denver Broncos gave to Russell Wilson.

In the report, Jackson was allegedly offered $49 million per year on average, something that is believed to have approached or beat Wilson in terms of guaranteed money.

This was also in the same range as what Aaron Rodgers agreed to with the Green Bay Packers, where the back-to-back MVP will be earning $50 million per season over the next three years with most of it fully guaranteed.

Jackson reportedly rejected a six-year contract offer worth $133 million that was fully guaranteed, ESPN reported.

But if fully guaranteed money is to be looked into, the offer that Jackson was offered was more than what Wilson and even Kyler Murray got in their respective deals with the Broncos and the Arizona Cardinals.

But as mentioned in a previous report here on the International Business Times, Jackson was more concerned about getting a fully guaranteed deal.

Such a scenario is considered rare in the NFL except for a couple of players. This is about Deshaun Watson of the Cleveland Browns and Rodgers of the Packers.

Watson got a five-year, $230 million deal, while Rodgers got a three-year deal worth $150.8 million, something mentioned earlier in this article.

Jackson had a self-imposed deadline on Friday, September 9, as far as signing a new deal.

With nothing progressing, the 25-year-old Florida native will continue to wait.

An option that the Ravens may have is placing the franchise tag on Jackson.

Baltimore has until March 7 to decide on doing so, the first time they would place the franchise tag on a quarterback in their 27-year history.