Lamar Jackson Net Worth: How Wealthy Is the NFL’s Youngest Quarterback?
The Baltimore Ravens of the National Football League are the team that Lamar Demeatrice Jackson Jr., an American football quarterback, now plays for (NFL).
After spending his college football career at Louisville, where he won the Heisman Trophy in his sophomore season, he was selected by the Ravens with the very last choice of the first round in the 2018 NFL Draft.
Jackson became the starting quarterback for the Ravens in his first season after incumbent Joe Flacco suffered an injury. He led the team to a division title and became the youngest quarterback in NFL history to start a playoff game at the age of 21. Jackson took over as the starting quarterback for the Ravens in his first season.
In the following paragraphs, we are going to discuss the wealth of Lamar Jackson.
Lamar Jackson Early Life
On January 7, 1997, Lamar Jackson was born to his mother Felicia Jones and his father Lamar Jackson Sr. He spent his childhood in a poor area in the middle of Pompano Beach, Florida, which is located in the state of Florida.
Jackson was just eight years old when both of his parents passed away suddenly from heart attacks on the same day. His grandma was also affected. Their mother was responsible for their upbringing together with the rest of the family.
In Florida, where he attended public schools, he played Pop Warner football with Marquise Brown, who is now a wide receiver for the Baltimore Ravens. He went to the same public schools. When Jackson was eight years old, he had a throwing distance of 20 yards for a football. When Jackson was in high school, he had a throwing distance of one hundred yards for a football.
Lamar Jackson Career
Coming out of high school, Jackson was rated as a four-star recruit, and many people had great hopes for his future. He went with Louisville University since there, he would be able to start playing right away.
Jackson never wore a red jersey while playing for Louisville in 2015, yet he started eight games for the Cardinals. Our season was filled with ups and downs. Jackson threw for 12 touchdowns but also had 8 interceptions, although it was clear early on that he had potential. Jackson, who plays for the Cardinals, rushed for 960 yards.
During the 2015 Music City Bowl, Jackson and Louisville were victorious over Texas A&M. There, Jackson developed into a player who is worth keeping an eye on.
He started off as the quarterback and ended up scoring twice. Additionally, he ran for two touchdowns, the longest of which being 61 yards. Because of his 226 yard rushing performance, Jackson was named the Most Valuable Player of the game.
Jackson was unstoppable after being granted a fresh start in 2016, when he had the chance to begin over. As Louisville started out 9-1, Jackson improved both as a rusher and a passer for the Cardinals. After 10 games, Jackson has thrown 27 touchdown passes while only turning the ball over 6 times.
On the other hand, Jackson and the Cardinals were unsuccessful late in the game, leading to three interceptions and a loss to Kentucky. In the Citrus Bowl, they were defeated by Louisiana State 29-9.
Regardless of the circumstances, Jackson’s entire season was remarkable. He rushed for 1,571 yards and scored 21 touchdowns on the ground in addition to throwing for 30 touchdowns. Because of his incredible performance in 2016, he was awarded the Heisman Trophy.
During his junior year, Jackson surpassed some of the achievements that earned him the Heisman Trophy, including the number of yards he ran and passed for.
Before the bowl games, Jackson had thrown for 25 touchdowns and only six interceptions in his career (ultimately losing to Baker Mayfield). The TaxSlayer Bowl will feature a matchup between Louisville and Mississippi State. Jackson, though, prevailed against them 31-27 thanks to his four interceptions.
Lamar Jackson Net Worth
It is estimated that Lamar Jackson has a net worth of approximately $4 million. Spotrac reported that his four-year contract is worth $9.7 million, including a 4.9 million dollar signing bonus and 7.5 million dollars guaranteed, with an annual salary of 2.3 million dollars.
Spotrac estimates that in the year 2023, he will bring in an annual income of more than $32.7 million. Additionally, Jackson is well-known for the charitable work that he has done. During the course of 2018, he was successful in raising $29,000 for charitable causes, which he then distributed equally between Blessings in Backpacks and Mission for Hope.
Additionally, he is the owner of the clothing company Era 8 Apparel, which sells its wares internationally. In 2018, he made the purchase of an eight-bedroom home in Owings Mills, Maryland, that cost him a total of $1.3 million. It is said that he purchased the property with a cash payment of $900,000.
Lamar Jackson Wealth
While Lamar’s major source of income is the four-year rookie contract he signed with the Baltimore Ravens, he has also just signed an endorsement deal and launched a clothing business, both of which have contributed to his riches. Let’s go through the specifics of how he built up his money, which are as follows:
In 2018, Lamar became a member of the Baltimore Ravens after signing a rookie deal with the team that was for $9.47 million over four years and included a starting bonus of $4.97 million. In 2021, his annual income will be $1.7 million, which is a huge rise from the salary of $480,000 that he started off with. In addition to that, the quarterback has raked in a total of $7.9 million in earnings during his career.
Due to the fact that Lamar is still a relatively fresh face on the NFL panel, he has not yet signed any significant sponsorship deals. On the other hand, in August of 2020, he signed an endorsement contract with Oakley, which is an eyeglasses business situated in California. Even if the specifics of their agreement have not been made public at this time, it is reasonable to assume that he will get enough compensation.
Lamar Jackson Clothing Line
In 2019, the NFL quarterback launched his own clothing line under the brand name “era8apparel.” He markets one-of-a-kind apparel, including hats, face masks, and even covers for iPhones, all of which have the number of his jersey. According to the feedback that can be found on the company’s website, this new business initiative looks to be rather successful. The apparel brand’s Instagram profile now has over 47,000 followers and is continuing to grow in that number.
Lamar Jackson Personal Life
Jamie Taylor is Lamar Jackson’s girlfriend at the moment. When they first met in college, he immediately started dating her. Their relationship has been going strong for more than three years now.
Lamar has not disclosed any information regarding his private life. On his official Instagram account, which is called new-era8, he has likewise refrained from disclosing any details regarding his romantic life.
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