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Wealth

Lamar Jackson Net Worth 2023: A Closer Look

Oliwia Urban 

Lamar Jackson is a professional football player for the Baltimore Ravens, who has achieved massive success in the NFL. He won the NFL MVP award during the 2019 season and signed a contract extension with the Ravens that reportedly amounted to five years and $260 million. In this article, we’ll take a closer look at Lamar Jackson’s net worth in 2023.

How Much is Lamar Jackson Worth in 2023?

According to sources such as Celebrity Net Worth and others across the internet, Lamar Jackson’s net worth in 2023 is estimated to be around $4 million to $6 million. Considering the massive amount he’s set to earn from his contract extension, the figure may even be higher.

Lamar Jackson’s Early Life and Career

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Lamar Jackson was born in Pompano Beach, Florida, on January 7, 1997. He attended Boynton Beach High School and led the high school football team to a 21-4 overall record. During his time there, Jackson amassed 2,263 passing yards, 1,624 rushing yards, and 53 touchdowns. Despite his impressive numbers, he only received a three-star rating by ESPN.

Despite being offered by various college football programs, including Syracuse, Florida, Utah State, West Virginia, Clemson, Florida State, Akron, Auburn, Marshall, Georgia, among others, Jackson opted to join the Louisville Cardinals. During his time there, Jackson completed 619 of his 1,086 pass attempts for 9,043 yards and rushed for 4,132 yards. He registered 69 passing touchdowns and 50 rushing scores. For the Cardinals, Jackson took home the Maxwell Award, Walter Camp Award, and Heisman Trophy while earning All-American honors.

Lamar Jackson’s NFL Career

In the 2018 NFL Draft, Lamar Jackson was selected in the first round with the 32nd overall pick by the Baltimore Ravens. Here, he signed a four-year rookie contract with the Ravens for $9.47 million, inclusive of a $4.97 million signing bonus. In his rookie season, Jackson played in 16 games, scoring six touchdowns, and had a passer rating of 84.5. During his sophomore season (2019), Jackson completed 265 of his pass attempts for 66%. He also tallied a career-high 36 passing touchdowns, which led the NFL and broke several records.

After a spectacular 2019 season, Lamar Jackson was awarded First-Team All-Pro selection, his first appearance in the Pro Bowl, and was named NFL MVP at just 22 years and 356 days old, making him the third-youngest player ever to be awarded as such.

Injuries have prevented Jackson from replicating his 2019 form in the 2021 and 2022 campaigns. Before the 2022 season began, Jackson rejected a $133 million deal with the Ravens, hopeful of getting at least $230 million from elsewhere. During the season, Jackson completed 203 of 326 pass attempts and had 17 passing touchdowns with a quarterback rating of 91.1, yet injuries limited his overall performance.

Lamar Jackson’s Current Net Worth

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With his new contract worth $260 million, $185 million of which is guaranteed for the next five years, Lamar Jackson’s net worth in 2023 and beyond should see a significant increase. However, there is much speculation about how his drawn-out negotiations could affect other potential endorsement deals. Despite being a high-profile player, Jackson presently has limited endorsements. Nonetheless, he signed a deal with Oakley in 2020 and holds an NFL Pro Era VR deal. Lamar Jackson’s current net worth is estimated to be around $4 million to $6 million. Given his contract extension and endorsements, his net worth should see a considerable increase in the coming years.