Mother knows best.
Ravens quarterback Lamar Jackson is in line for a massive payday from Baltimore, as the former league MVP and the Ravens are talking contract extension that’ll keep him locked into Baltimore’s starting QB job for a long, long time.
But Jackson, who doesn’t employ an agent, is getting help from an unusual avenue: His mother.
According to NFL Network’s Ian Rapoport, Felicia Jones, Jackson’s mother and “manager,” is helping push along a Jackson contract extension with the Ravens. Jones has acted as Jackson’s de facto agent in the past, helping him sign the dotted line on his rookie year and, now, presumably getting him a contract extension.
“It is a lot of pressure, unbelievably difficult. The stakes are incredibly high because if you lock yourself into a bad deal you could cost yourself 10s of millions of dollars”@RapSheet on Lamar Jackson & negotiating a contract extenstion without an agent #PatMcAfeeShowLIVE pic.twitter.com/qaaQM6IlZj
— Pat McAfee (@PatMcAfeeShow) June 22, 2021
MORE: NFL is bringing back throwback helmets — 8 we’re excited to see
“It is a little different for Lamar Jackson, whose mom sort of acting as his business partner, his business manager, which everyone went bananas about during the pre-draft process, and he still went in the first round, somehow still able to negotiate his rookie deal, not a ton of negotiation,” Rapoport said. …
“Lamar’s seeing the same sort of eyebrows raised from the agent community, and from players as well, because his mother is doing it. It is a lot of pressure, it is unbelievably difficult. The stakes are incredibly high, because if you lock yourself into a bad deal, you can cost yourself tens of millions of dollars.”
Stakes are just a little bit higher now than when Jackson was the 32nd pick in the 2018 NFL Draft: Then, he signed a four-year, $9.5 million pact with the Ravens. Now, the 2019 NFL MVP is looking to score one of the biggest contracts in league history.
NFL agents don’t make more than 3 percent on player salaries, meaning Jackson might be saving a little bit of money on whatever contract he may sign with his mom helping him out. There’s a good chance he’s hoping to land somewhere in Patrick Mahomes-Dak Prescott territory, in the $40 to $45 million per year territory. That could be a savings of around $7 million, assuming he gets a six-year extension, just to ballpark it.
Self-representation in contract extensions is a rarity in sports, especially the NFL. Cornerback Richard Sherman negotiated what was thought to be a poor deal for himself when he signed his contract with the 49ers. In hindsight, the deal worked out well for him and the team.
Here’s hoping Jackson and his mom get similar results moving forward.
Credit: Source link