A little while ago, Lamar Jackson was getting advices from almost everyone who follows football about what to do in order to get a favorable deal. Some advised him to lower down his aspirations, while some reprimanded him for not hiring an agent and trusting his mom with deal negotiation duties. However, shutting down all such voices, Lamar secured the biggest contract in league history, on yearly salary basis. Not only this, as his mom was his agent, Jackson ended up saving tonnes of cash. Without a doubt, Lamar’s mom Felicia’s active role in all this, reminds us of the role Michael Jordan’s mom played in helping him sign the biggest deal of his life.
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Several teams had made it clear a while ago that they aren’t interested in roping Lamar into their respective squads. An uncertain atmosphere was brewing around Jackson’s NFL future, before he surprised everyone by signing a whopping $260 Million 5-year deal with the Ravens. Moreover, he also ended up saving almost $8 Million by letting his mom do contract negotiations for him. This takes us back to the time when a disappointed MJ was almost forced by his mom to sign a deal with Nike which ultimately played a massive role in making him a billionaire.
Lamar Jackson’s mom helped her son secure millions, just like MJ’s mom who pushed her son to sign the Nike deal
Surpassing Jalen Hurts, who recently signed a $255 Million extension deal with the Philadelphia Eagles, Lamar took the top spot as far as the list of players who’ll make the most during 2023 season is concerned. However, what makes this deal even better for Lamar, is that he saved the 3% agent fee by trusting his mom Felicia Jones for doing the negotiations.
3% of $260 Million, which is $7.8 Million, was eventually gifted by Lamar to his loving mother, as reported by Black Millionaires on Twitter. Undoubtedly, Felicia played a massive role in getting her son a lucrative deal which reminds us of the role played by Michael Jordan’s mother in making her son a billionaire.
NFL superstar QB Lamar Jackson fired his agent & hired his mom to negotiate his contract. He is now the highest paid QB after signing a $260M 5 yr deal. He avoided the 3% agent fee and gave the $7.8M to his mom. “Keep it in the family” pic.twitter.com/qyZoLJ1vNq
— Black Millionaires ® (@Blackmillions_) April 27, 2023
Jordan, in his documentary ‘The Last Dance’, revealed that he was desperate to sign a deal with Adidas and when it didn’t work out, it was his mom Deloris who persuaded him to meet the people at Nike who were ready to give him a deal. In fact, Jordan’s agent David Falk revealed that the NBA GOAT wasn’t even ready to consider the Nike deal at first.
David had to take some help from mom Deloris who firmly directed Jordan to talk to the people at Nike. As it turns out, Nike not only give him his signature shoe, but also ended up offering him $250,000. The rest, as they say, is history.
Lamar Jackson is the face of several top brands
Lamar, who is set to receive a lot of green in the years to come through his NFL salary, has also earned heaps of cash through brand endorsements. The Baltimore QB is the facer of brands like Oakley Inc, Play Action Soulfood, and VR simulation series named NFL Pro Era.
In addition to this, Jackson has also raked in the moolah by appearing in advertisements of top companies like Pizza Hut, Hulu and Nike. Without a doubt, Jackson’s financial future looks 100% secured at the moment. In fact, if he brings out his top game in the coming season, he might as well end up setting new records, by asking his mother to negotiate for an ever higher salary.