What is Lamar Jackson's net worth? Baltimore Ravens QB's $1.3M mansion boasts 8 bedrooms
NFL season is just around the corner and Lamar Jackson is getting ready for all the action this season. The Baltimore Ravens quarterback wasted no time finding his way back to the Under Armour Performance Center in Owings Mills, Maryland, defying schedules about when rookies and veterans may report to the field.
Jackson, the former league MVP in 2021 who is set to play his fourth NFL season, is one of three significant dominoes likely to fall in the quarterback-extension market soon, the other two being Buffalo Bills quarterback Josh Allen and Cleveland Browns quarterback Baker Mayfield.
Beyond the pitch, NBA stars are often known to live lavish lives. In the past, MEAWW has covered the fortunes and assets of athletes like New York Giants quarterback Daniel Jones, New Orleans Saints quarterback Taysom Hill, and Tennessee Titans quarterback Ryan Tannehill in the past. We've also spoken about non-quarterbacks like DeAndre Hopkins and others. Here's what we know about QB's net worth.
What is Lamar Jackson's net worth?
Celebrity Net Worth estimates that Lamar Jackson is worth around $4 million. But as per Essentially Sports, the Baltimore Ravens quarterback, who has advanced 1,901 yards and recorded 12 touchdowns, is currently on a much more lucrative rookie deal.
According to Spotrac, Jackson signed a four-year contract worth $9.7 million, which includes a $4.9 million signing bonus, $7.5 million guaranteed, and an average annual salary of $2.3 million. He will earn a guaranteed $1.3 million throughout the 2020 NFL season. His estimated yearly cash for 2023 is expected to be around $32.7 million.
Lucrative contract extension rumors
Sportsnaut reported rumors in July that Jackson is negotiating his own contract extension, bypassing the middleman and securing one of the most lucrative contracts in NFL history. According to ESPN's Dan Graziano, who spoke with numerous individuals in the NFL, Jackson's contract will be worth between $40 and $45 million each season.
Despite not owning any charities, Jackson is a well-known philanthropist. In 2018, Jackson did autograph signings in Louisville, which raised $29,000 for charity. Blessings in a Backpacks received $25,000, while Mission for Hope received the remainder. He also has his own clothing line, Era 8 Apparel, which delivers worldwide. This is also the number on his jersey, which he has worn since his freshman year with the Cardinals.
Jackson owns a $1.3 million house in Owings Mills, Maryland. In 2018, he bought the house, which includes eight bedrooms, and five full bathrooms. According to public documents, he paid $900,000 in cash for the eight-bedroom property in 2018 through his mother's Florida-based LLC. He told ESPN when he was still a rookie that it would be his first NFL buy, the New York Post reported.
The 1996 house is a brick mansion with 9-foot ceilings, a lovely spiral staircase, exquisite and polished hardwood flooring, large windows overlooking the green lawn, and a chic lobby. It has a gym, which is essential to Jackson's life as an NFL player, a recreation area, a private pool, a bar, two fireplaces, a three-car garage, an office, and even a spa on the interior, Celeb Answers reported.
Before selling it to Lamar Jackson in 2018, a real estate reseller increased the house's worth by $150,000. The lovely home is now expected to cost $1.3 million, despite the goal of making a profit of half a million dollars and placing it at a total worth of $1.2 million. The 3.3-acre site is also home to Lamar's mother, Felicia Jones, and his brother, Jamar Jackson, and is only 20 minutes away from the Ravens' practice facility. During an interview in 2018, Johnson said about becoming a professional football player, "You get to buy your parents a home."