Jackson was offered a six-year extension that included $133 million in fully guaranteed money and would have included a higher average annual value than what fellow QBs Kyler Murray ($46.1M) and Russell Wilson ($49M) earn.
«Despite best efforts on both sides, we were unable to reach a contract extension with Lamar Jackson,» Baltimore general manager Eric DeCosta said in a statement. «We greatly appreciate how he has handled this process and we are excited about our team with Lamar leading the way. We will continue to work towards a long-term contract after the season, but for now we are looking forward to a successful 2022 campaign.»