Ron Jenkins/Getty Images

Lamar Jackson Announces Simple Mindset With Contract Extension

Originally posted on The Spun | By Daniel Bates | Last updated Sep 3, 2025 5:15 PM ET

It doesn't feel like that long ago that Lamar Jackson landed his five-year, $230 million contract extension with the Ravens. But after seeing fellow MVP Josh Allen land his new deal this offseason, questions have started to surface about Lamar's next potential payday.

Jackson is coming off a season that easily could've netted him his third Most Valuable Player award after throwing for a career-high 4,172 yards and 41 touchdowns to just four interceptions — while also adding another 915 yards and four scores on the ground.

Despite just getting paid in 2023, there are certainly reasons why Baltimore would choose to pay him again soon. Not the least of which being Lamar's significant 2026 cap hit which is projected to be $74.5 million.

Lamar talks extension

Speaking to reporters on Wednesday, the four-time Pro Bowl QB was asked about his current contract situation. And while Lamar admitted that he feels confident that a deal will get done eventually, his focus remains on beating the Bills in Week 1.

“The season’s here, I’m not worried about that,” Jackson told media members at Wednesday's press conference. “You were better off asking me that during camp. I’m locked in, I’m ready for the season to start. That time will come.”

The 28-year-old QB is signed through 2027 with average annual salary of $52 million per year — placing him 10th among the league's current crop of quarterbacks.

Earlier this year, Ravens GM Eric DeCosta said that the team was in the "introductory stage" of contract talks with the three-time All-Pro. But Jackson, to his credit, has kept mostly quiet about it outside of admitting that "it sounds good" to possibly reset the market at his position.

Ravens GM: 'We've got players that deserve to be paid'

Just last week, DeCosta once again touched on the idea of extending Jackson but declined to get into any specifics.

"I like to work kind of in the dark, quietly, and try to get as much done as we can," DeCosta admitted. "We've got a lot of different things going on, we've got a lot of really good players. We've got players that deserve to be paid well and we're trying to keep those guys. Knowing that, as I've said 1,000 times, you can't keep everybody."

"Unfortunately, we're going to see some good players, probably in the next couple of years play for other teams," he continued. "We've seen that. That's going to be something that continues. ... We'll try to get as creative as possible."

The Ravens have been among the best in the NFL organizationally for a long, long time and there's no reason to think that won't continue through the end of this decade.

Baltimore has missed the playoffs just one time since 2018 and have gone 35-16 under coach John Harbaugh over the last three years.

This article first appeared on The Spun and was syndicated with permission.

More must-reads: