Lamar Jackson's net worth 2024

Lamar Jackson is an NFL quarterback who is currently a part of the Baltimore Ravens roster. Lovingly nicknamed 'Action Jackson' by his fans, Lamar Jackson is slated to be one of the greatest quarterbacks of his generation. Thus, it is not surprising to witness his net worth to be more than $40 million, per Celebrity Net Worth. All thanks to the whopping $260 million contract he signed last year, Lamar Jackson's net worth has skyrocketed.

His average annual salary is estimated to be around $52 million. In the 2023-2024 season, this amount is estimated to come close to $80 million, all thanks to the massive $72.5 million signing bonus received by Lamar Jackson. This boasted his base salary to $7.5 million. While the numbers do vouch in favor of Lamar Jackson, his commitment to the underserved is also noteworthy. In 2018, Jackson held autograph signings in Louisville, which received charitable donations of $29,000. Out of this, $25,000 was given to Blessings in Backpacks and the remaining went to Mission for Hope.

The quarterback helps empower the less privileged youth to excel in education and athletics through mentorship and means at his The Lamar Jackson Foundation. Other than that, Lamar Jackson was captured donating turkeys during the Thanksgiving holidays and supporting the COVID-19 relief efforts. His primary source of income is his football career. However, endorsement deals and investments have also helped boost the net worth of Lamar Jackson.

Lamar Jackson's career timeline

Lamar Jackson went to Boynton Beach High School in Florida. During his two years of quarterbacking them, Lamar played a total of 16 games, throwing for 2263 yards and 31 touchdowns, and running for 1624 yards and 22 touchdowns. Due to his simultaneous contributions to the school's track team, where he posted a personal-best 11.45 seconds in a 100m dash, Lamar was awarded the Lou Groza Palm Beach County High School Player of the Year Title in 2014.

And this stellar read-option and dual-threat display caught the attention of multiple college programs from all over the country. Action Jackson chose Louisville over some competing Power Five programs like Florida and Auburn. Lamar Jackson joined Louisville as a communication major and quickly made his mark on the gridiron. The passer led the Cardinals to an 8-5 season in his 2015 freshman year. Lamar passed for 1840 yards scoring 12 touchdowns.

Also, he ran for an additional 11 rushing TDs over 960 yards. Lamar earned the 2015 Music City Bowl MVP award and set the passing yardage and touchdown record for the Bowl game. Jackson's sophomore year was the stuff of dreams. His 3543 passing yards, 30 touchdowns, 1571 rushing yards, and 21 rushing touchdowns for a 9-4 Cardinals season were enough to earn him the 2016 Heisman Trophy over finalists and future NFL stars like Deshaun Watson and Baker Mayfield. Jackson became the first-ever Heisman Winner from Louisville and the youngest winner in the award's history, winning it at 19.

His excellence on the field continued in college, which eventually, helped him secure a place in the first round in the 2018 NFL Draft with the Ravens. Lamar didn't take too long to adjust to the big league. After subbing in for injured starter Joe Flacco during a 47-3 win against the Bills, Lamar never had to look back. Winning six of the seven games he started, a 21-year-old Lamar became the youngest NFL quarterback to play in the postseason. Although the season ended with a 23-17 loss to the Los Angeles Chargers, Lamar came back stronger in year 2.

In 2019, Lamar Jackson became the second unanimous NFL MVP after Tom Brady in 2010. And he did this by playing some mind-boggling football. Setting career-highs in single-game passing yards (324) and touchdowns (5) in the season-opener against Miami, Action Jackson looked like a force to be feared right from the start.

Jackson continued his form in the 2020-21 season, becoming the first quarterback to have multiple 1000-yard rushing seasons. Despite injuries factoring in during the following two seasons, Jackson made his second Pro Bowl in 2021. In 2022, Jackson once again showed glimpses of the 2019 season when he bagged the AFC Offensive Player of the Month in September. However, a sprained PCL brought the season to an end for Jackson. The Ravens, despite going 10-7 lost to AFC North rivals Cincinnati Bengals in the first round of the playoffs.

Lamar Jackson has taken the Ravens to the playoffs five times since joining them. However, the dynamic quarterback often fails to carry the stellar regular season form into the postseason. LJ has a postseason record of 2-4, although technically, he did not play in the 2022 playoffs. His recent loss came against the Kansas City Chiefs in the AFC Championship round with a score of 17-10. 

Lamar Jackson's contracts

In 2023, Lamar Jackson signed a $260 million contract with the Baltimore Ravens, making him the highest-paid NFL player after surpassing Jalen Hurts of the Eagles. This contract allowed him to earn $52 million with $185 million guaranteed. Astonishingly, the million-dollar contract was almost twenty-three folds higher than the contract he signed when he was first drafted.

In 2018, as Lamar Jackson signed a 4-year deal with the Ravens it was worth $9.5 million. It included a $4,968,471 signing bonus and $7,575,059 guaranteed. This contract worth millions was a total shocker in the NFL realm as it was only the first time in league history that a football player accumulated the amount without an agent. Jackson had his mom with him at the negotiation table.

Another interesting aspect of Lamar Jackson's contract is that, before the 2022 NFL season, he was offered a deal worth $230 million with over $100 million guaranteed. However, the quarterback took a step back from the deal as he believed his worth to be much more than that, especially after Deshaun Watson got that number in guaranteed money from the Cleveland Browns.

And he did prove to be right as right after signing the extension in the 2023 NFL offseason, the Ravens' QB went on to have one of his best seasons since 2019. Not only did Lamar Jackson have his career-high 3,678 passing yards but his completion percentage was also 67.2.

Lamar Jackson’s partnerships and endorsements

Being without an agent has its drawbacks and Lamar Jackson's endorsement deals are proof for the same. While arguably the best-ever running QB of the NFL should be at the forefront of many deals, there are far fewer contracts held by him. Some of his current contracts include:

1. Play Action Soulfood and More


2. Oakley Inc.


3. NFL Pro Era

Oakley is a company that deals with football apparel like football helmets and sunglasses. Meanwhile, Play Action is a soul food restaurant chain and NFL Pro Era projects a VR simulation series with Jackson in its first NFL and NFLPA licensed series.  Apart from these, Lamar Jackson has also featured in numerous commercials.

One of the most iconic appearances of Lamar Jackson has been in a Pizza Hut commercial, Nike, Hulu, Bose, and Oakley. His investments, mostly include start-ups. One of the known ventures of the football quarterback is in real estate. He has also bought a few properties in Baltimore including a $1.5 million mansion. Furthermore, his business savvy has witnessed him starting his own clothing line named Era 8 Apparel.

This line of clothing targets men, women, and young people. Not only does it promote the style of an athlete but also partners with other clothing and non-clothing brands and companies to promote youth development.

Lamar Jackson's career stats and records

Lamar Jackson has an impressive number of 15,887 passing yards to show on his resume. In 2,112 attempts, he has 1,362 passing completions, leading to a completion rate of 64.5%. The Ravens' QB has made 125 Passing Touchdowns and 29 Rushing Touchdowns while covering 5,258 rushing yards. In the 2023 season, he gained a QB rating of 64.7, which ranked him fourth in the NFL. His passer rating post the latest season is at 98.0.

Lamar Jackson has been able to garner multiple records to his name ever since he entered the National Football League. He holds the record of being the first quarterback with multiple 1000-yard rushing seasons (2009, 2020). He also is the first QB with five 700+ rushing yards seasons in a career (2019, 2020, 2021, 2022, 2023). He also became the first player in 2019 to reach 3000 passing yards and 1000 rushing yards in a single season. Jackson hosts the record for most rushing yards by a QB in a season: 1,206 (2019) and most rushing attempts by a QB in a season: 159 (2019).

He has the most perfect passer ratings in a season, tied with Ben Roethisberger- 2 in 2019. LJ also holds the most wins by a QB under the age of 25 (35 victories). He has his name etched on the astonishing record of being the youngest QB to achieve a perfect passer rating, at the age of 22 years and 244 days. He also has most games with 100 rushing yards by a QB (12) along with most playoff games with 100 rushing yards by a quarterback (3).

The Ravens captain boasts enormous records for his franchise as well. He holds the most passing and rushing yards by a QB in a game for Ravens, 442 and 152 respectively. He also has the most passing TDs in a single season at 36. He is tied with legendary Joe Flacco and Tony Banks for most passing touchdowns in a game(5). The record for most consecutive games with a touchdown pass for the Baltimore side also is with Jackson at 15. His exceptional season in 2019 brings him 2 more spectacular records. He has the highest completion percentage in a game at 88.2 and the highest passer rating at 113.3 in the same season. The season of 2019 also brings him the lowest percentage of passes intercepted at 1.5.

Lamar Jackson's house and car collection

With over $32 million in estimated earnings over the years, Action Jackson has splurged a million and more on a lavish mansion in the suburban outskirts of Baltimore, just 20 minutes from the Baltimore Ravens facility.

When it comes to cars, Lamar owns a modified Mercedes SL500 Grand Edition worth nearly $275,000 and recently purchased a Rolls Royce Wraith that set him back by $343,000. Action Jackson also likes the bling as he spends quite a lot on pendants and jewelry for himself and his family.

How to contact Lamar Jackson?

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