5 Years Before Saving $7,800,000 in Agent Fee, Lamar Jackson Secured a Hefty Discount While Buying a Lavish Mansion Through His Mom’s LLC – Sports Vikings

Baltimore Ravens QB Lamar Jackson typically finds himself within the limelight for his on-field theatrics, and likewise for his good cash strikes. Jackson could be

Mr. SV

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Baltimore Ravens QB Lamar Jackson typically finds himself within the limelight for his on-field theatrics, and likewise for his good cash strikes. Jackson could be very near his household, particularly his mom who acted as an agent for the quarterback. In truth, Jackson’s mother helped him save a whopping $7,800,000 in agent charge when he signed his mammoth $260 million cope with the Ravens. Moreover, this isn’t the primary time that his mom’s involvement has resulted in important financial savings for the younger star.

Back in 2018, almost 5 years earlier than signing his newest extension, Lamar Jackson had signed his rookie contract value $9.47 million. He then wasted no time in buying his dream home. In truth, along with his mom’s steerage, he was capable of leverage her Limited Liability Company (LLC) to safe the property for $900,000 in money, whereas it was listed for effectively over 1,000,000.

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Lamar Jackson Saved the Moolah While Buying a Owings Mills Mansion

When it involves dwelling the excessive life, Lamar Jackson actually is aware of the right way to do it in type. The Ravens quarterback had bought a shocking mansion in Owings Mills, again in 2018. Moreover, he additionally managed to safe a hefty low cost on the property by paying for it in money by way of his mom’s LLC. While the mansion’s authentic itemizing worth was $1.2 million, Jackson paid a reduced worth of $900,000 in money for the eight-bedroom house, as reported by NewYorkPost citing public information.

Stepping contained in the luxurious mansion, you’ll be greeted by a grand two-story lobby and a curved staircase. The ceilings are fairly excessive measuring virtually nine-foot. Wood flooring and crown moldings add richness to the property.

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Spread throughout 3.3-acre space, the property presents an array of facilities. This features a recreation room, a gymnasium, a whirlpool scorching tub, a non-public pool and spa, a moist bar, two fireplaces, a breakfast nook, an workplace, a big patio, and a three-car storage. Moreover, together with Jackson, the lavish property is house to his mom, Felicia Jones, and his brother, Jamar Jackson.

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Jackson’s Mother is Certainly a Saver!

When it got here to negotiating his record-breaking contract with the Baltimore Ravens, Lamar Jackson made a daring transfer that left many individuals questioning his resolution. Instead of hiring a high-priced agent, he trusted his personal mom, Felicia Jones, to deal with the deal. And boy, did it repay! Not solely did Jackson safe the largest contract in NFL historical past on a yearly wage foundation, however he additionally managed to save lots of a whopping $7.8 million in agent charge.

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Amidst the uncertainty surrounding his NFL future, Jackson silenced the critics by signing an enormous $260 million 5-year cope with the Ravens. While different gamers need to fork over a good portion of their earnings to their brokers, Jackson cleverly prevented this by entrusting his mom with the negotiations.

Now when each, the Ravens and their star QB are completely satisfied, it is going to be fascinating to see how issues prove for the unit within the coming season.

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