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#pounditFriday, July 12, 2024

How Lamar Jackson contract offer compares to Jalen Hurts’ extension

Lamar Jackson on the sideline

Aug 11, 2022; Baltimore, Maryland, USA; Baltimore Ravens quarterback Lamar Jackson (8) walks on the sidelines during the first half Tennessee Titans at M&T Bank Stadium. Mandatory Credit: Tommy Gilligan-USA TODAY Sports

Jalen Hurts on Monday got a contract extension from the Philadelphia Eagles, which led to many comparisons to Lamar Jackson’s situation.

Jackson has been in a stalemate with the Baltimore Ravens over his contract. The Ravens have offered Jackson multiple deals, but he has been turned them all down, reportedly because he wants a fully-guaranteed deal, similar to the one Deshaun Watson received from the Cleveland Browns.

With each quarterback deal that goes by, Watson’s deal seems more and more like a fluke.

Russell Wilson, Kyler Murray and Hurts have all since signed new QB deals. None of them received fully-guaranteed deals, which is what Jackson is holding out for. Wilson is second in the amount guaranteed at signing with $124 million, which is still far short of Watson’s $230 million. Hurts received $110 million fully guaranteed at signing.

Even the deal Hurts got from Philly is very similar to the one the Ravens offered Jackson in September.

Total value
Hurts: $255M
Jackson: $250M

Guaranteed at signing
Hurts: $110M
Jackson: $133M

Guaranteed for injury
Hurts: $179.3M
Jackson: $175M

There is a difference. Hurts just completed his third season in the NFL, so the contract kicks in now and replaces two years where the Eagles would have had him playing for below market value. Comparatively, Jackson had completed four seasons in the NFL when he received his offer. So Philly bought out one extra below-market year.

Hurts is slightly younger than Jackson, has had fewer injuries, and just finished second in NFL MVP voting while taking his team to the Super Bowl. But Jackson is still holding out for much more fully-guaranteed money than Hurts signed for.

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