Betting on yourself is a term that became more popular in the last few years because of players who decided to chase their dreams against all odds, even if the obstacles were stacked against them.
The National Football League has one person who exemplifies that. His name is Lamar Jackson.
The Baltimore Ravens quarterback entered the league in 2018 and was drafted 32nd overall. If that is kind of low given the fact that he is a Heisman trophy winner in 2016, that might be because of his lack of agent to represent him in negotiations.
The 26-year-old is famous for not using an agent for his professional career and that risk paid off.
Lamar Jackson's net worth in 2023 speaks volumes of how much he has cashed out on betting himself. If one takes a peek at how much his net worth improved season by season, he would think that all Jackson does is win.
Lamar Jackson Net Worth 2023: $40 Million
Celebrity Net Worth puts Jackson's value at $40 million.
This is after he signed a $260 million contract in April this year. The deal, which was the highest at that time before Jalen Hurts broke it 10 days later, will keep him at the M&T Bank Stadium until 2028.
He is set to earn $52 million annually, with $185 million guaranteed.
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This is 23 folds higher than the contract he signed with the team as an entry-level player. His first contract was a four-year $9.5 million deal, with a $4,968,471 signing bonus, $7,575,059 guaranteed.
His latest deal was unprecedented as it was only the first time in league history that a player with no agent netted that amount.
Jackson's main representative at the negotiations table is his mother Felicia Jones.
The 26-year-old 2019 NFL MVP is very vocal about his mother's role in his career, making his latest contract an impressive one.
The family did not have much. Lamar is the oldest of four children and Felicia had to raise them alone after her husband died when Lamar was only eight.
"Not wanting me to get a job, so I could (focus) on football," Jackson said, "and she could take care of everything."
Ms. Jones' perseverance inspired Jackson.
"If she could do that, I could do anything," Jackson said. "She raised four kids on her own not asking for a handout, not reaching out to people."
Aside from his NFL salary, Jackson also takes home profits from his endorsements. However, compared to other high-profile players, his brand partnerships are limited owing to his lack of agent.
Among his endorsements are NFL Pro Era, Oakley Inc., Play Action Soulfood, and Pizza Hut.
Lamar Jackson's Wealth
Now, Ms. Felicia Jones no longer has to scramble to provide for her children.
Jackson can now provide for more than what the family needs.
He currently owns a $1.3 million house in Baltimore which Jackson said he bought for his parent.
The home, which is just 20 minutes away from Ravens' stadium and practice facility, has five bathrooms, a recreation room, a gym, a private pool and spa, a whirlpool hot tub, a wet bar, two fireplaces, and a huge car garage.
Speaking of cars, Jackson is not short in spoiling himself with luxury vehicles.
He got under his name a Rolls-Royce Ghost, Se Lamborghini Aventador, Bentley Continental GT, Porsche Panamera Turbo S, and a Mercedes Maybach S650.
Jackson bet on himself, did not matter if he did not have the best cards.
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