The Ravens are first expected to lock up Jackson's services through the 2022 season by picking up his fifth-year option, at which point discussions will turn toward a long-term deal. The 2018 first-round pick has delivered a playoff berth in each of his three seasons under center in Baltimore, in addition to earning the NFL's MVP award in 2019. There's plenty of recent precedent for young franchise players signing such contracts, with Patrick Mahomes (10-year, $503 million) and Deshaun Watson (four-year, $156 million) both having inked their lucrative extensions as they went into their fourth season, just as Jackson is now.
Ravens' Lamar Jackson: Offseason extension talks coming
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