Lamar Jackson is bringing another star with him to New Orleans. OBJ is getting the $20 million a year he has been asking for, but genius Loomis has structured the contract so that we only pay $4 million in 2023 and $6 million in 2024 and $9 million in 2025).

OBJ Contract details:

Signing bonus: $24 million (prorated 2023-2030 $3 million per year)
2023: $1 million fully guaranteed.
2024: $1 million fully guaranteed with $14 million fully guaranteed roster bonus (prororated 2024-2030 $2 million per year)
2025: $2 million fully guaranteed with $18 million fully guaranteed roster bonus (prorated 2025-2030 $3 million per year)
2026: $20 million fully guaranteed.
2027: $20 million guaranteed for injury.
2028: $20 million not guranteed (but dead cap with be at least $24 million if cut, up to $45 million if 2026-2027 salary is restructed).
2029: void year ($8 million of prorated bonuses hit).
2030: void year ($8 million of prorated bonuses hit).