Lamar Jackson will be the quarterback of the Baltimore Ravens through the 2022 season.
The Ravens announced Friday afternoon that the franchise has exercised the fifth-year option on Jackson’s deal. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football)
We have exercised the fifth-year option for QB Lamar Jackson.
— Baltimore Ravens (@Ravens) April 30, 2021
Under the terms of the deal, the superstar dual-threat quarterback will be just north of $23 million in the final year of his rookie deal.
Ravens officially picked up QB Lamar Jackson’s fully-guaranteed, $23.1 million fifth-year option. Time to continue work on the long-term extension.
— Adam Schefter (@AdamSchefter) April 30, 2021
If you’re the Ravens, this was a very easy decision to make. It was a no-brainer. It wasn’t a difficult call at all.
Jackson is one of the best quarterbacks in the NFL, and he comes at a relatively cheap price.
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If you can lock up a great quarterback for only $23 million and don’t do it, then you deserve to be fired. It’s the easiest decision you’ll ever make as a GM.
Now, the Ravens have more time to hammer out a long term deal with Jackson, which is almost certainly coming. He’s going to get a huge bag of cash, but as of right now, he’s with the team for at least two more years.