Ravens quarterback Lamar Jackson’s decision to skip voluntary OTAs has been met with confusion and speculation. However, a closer look at his 2023 contract reveals that there is a valid explanation for his absence. Jackson has annual offseason workout bonuses of $750,000, which he can earn by participating in 80 percent of the offseason workouts, excluding mandatory minicamp. Unfortunately, it appears that Jackson has missed too many workouts to qualify for the bonus this year.
This same provision applies to the annual $750,000 bonuses in 2025, 2026, and 2027. Initially mistaken as offseason roster bonuses, these payments are actually workout bonuses. Failing to earn the bonus will result in a decrease in Jackson’s 2024 compensation from $32.5 million to $31.75 million. While this may not seem like a significant impact on his overall pay, losing out on $750,000 is still a substantial amount. Despite attempts to recoup the lost bonus money, it seems that Jackson will not be able to do so.
In summary, Lamar Jackson’s decision to skip voluntary OTAs not only has a valid explanation but also financial consequences attached to it. This situation highlights the importance of attendance at offseason workouts for NFL players who have similar bonus incentives in their contracts.
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