Lamar Jackson on reporting to camp: ‘I hope you’re ready for the season’

As you can see, Jackson is among the most-underpaid signal callers in the NFL right now. His $23M salary for 2022 ranks 17th among active quarterbacks.

With that said, the former first-round pick from Louisville has pushed back against engaging in deep extension talks with Baltimore. Instead, reports indicate that he’d rather go year-by-year. That is to say, playing under the franchise tag in both 2023 and 2024 before hitting free agency in 2025.

As of right now, Jackson does not have an official agent. His mother is representing him when it comes to the financial aspect of the game. It’s an outlier in the modern NFL.

Any new deal for Jackson would likely have to come in at north of $40M annually. There are seven quarterbacks in the NFL earning that on a yearly basis right now. This includes veterans such as Aaron Rodgers, Derek Carr and Matthew Stafford — all of whom have inked extensions during the 2022 offseason.

As you can see, Jackson is coming off a down 2021 campaign. He missed multiple games to injury and was impacted by COVID-19 en route to Baltimore missing the playoffs for the first time in his four-year career.

On the surface, one might think that this would lead to Baltimore pushing back against a lucrative long-term deal for the dual-threat quarterback. That has not been the case.

“They believe if he wants to do that then they could go year-to-year here, sort of like a rental situation. They don’t want that; they want to sign him long term," said ESPN's Jeremy Fowler. "But I’ve talked to multiple league execs who say maybe they would do the same thing, especially with some of the injury concerns with his running style. So, they want to get it done, but they’re not going to panic too. They have options.”

This is going to be a situation to pay attention to with training camps quickly approaching. While there doesn’t seem to be a major rift between the two sides, any time a quarterback is playing out the final year oof his deal, it’s less than ideal for both sides.