Lamar Jackson has signed a new deal worth $260 million with the Baltimore Ravens which makes him one of the highest-paid athletes in the NFL. Not only this but the quarterback was lucky to save $7.8 million in agent fees all because of his mother.
Jackson is very close to his mother and his mother has helped him save money several times. One time it happened when the quarterback was buying his dream house and now again when he was signing a whooping new deal, his mother helped him save millions.
Lamar Jackson’s mom’s money-saving tactics pay off big
The quarterback’s mother, Felicia Jones has a money-making or we should say money-saving mind. Jackson has signed one of the biggest contracts in the NFL with the Ravens. But, instead of spending millions on agents like other quarterbacks, Jackson has trusted his mother’s decisions which also saved him $7.8 million in agent fees.
The quarterback didn’t sign any agent and rather made decisions according to his mother’s guidance. Down the line, her decision proved to be very beneficial for him. But this is not the first time his mother has helped him save money.
In 2018, when Jackson was buying his dream house, at that time as well he was able to save money because of his mother. The property he was buying was worth $1.2 million but he only paid $900,000 in cash because of his mother’s Limited Liability Company (LLC). Since then, his mother’s smart money moves have been helping him make more money and save more money.
How much money is Lamar Jackson making of the Ravens?
After 27 months of discussion, Lamar Jackson has finally signed a record-breaking deal with the Ravens. The deal is worth $260 million with the quarterback getting $52 million per year. It makes him one of the highest-paid players in the league.
The deal also includes $185 million in guaranteed money. Now that the quarterback has signed such a great deal, all eyes will be on him. Everyone will expect him to show exceptional skills on the field and lead his team to great success, as he is one of the highest-paid players in the league.
A big credit of Jackson’s recent deal goes to his mother who hasn’t only helped him make the right decision but also helped him save millions in agent fees.
