There have been a handful of cornerbacks to sign lucrative deals in the NFL in recent months and Marlon Humphrey of the Baltimore Ravens is the next one to see a significant raise. Ahead of their Week 4 matchup with the Washington Football Team, Baltimore has inked Humphrey to a five-year extension.

The new extension for Humphrey is going to be worth $98.75 million over the span of five years. While he isn't the highest-paid cornerback in the NFL, Humphrey's new deal comes close to the deal that the Los Angeles Rams gave Jalen Ramsey.

Ramsey became the highest-paid cornerback in NFL history after the Rams handed him a five-year, $105 million contract extension. After the Ravens worked late into the night to get a deal completed with Humphrey, Eric DeCosta — the executive VP and GM of the Ravens — released a statement.

“Marlon is the type of player we want in Baltimore,” Ravens executive vice president and general manager Eric DeCosta stated. “Besides his obvious talents as a playmaking corner, he’s a passionate competitor who craves winning. Marlon has been a stalwart in our community, and we are excited that he’s going to remain with us for seven seasons.”

Since being drafted by Baltimore with the No. 16 overall pick in the 2017 NFL Draft, Humphrey has evolved into one of the premier cornerbacks in the league. The Alabama product is one of the few remaining defensive backs that typically shadows the opposing team's best wide receiver.

A season ago, Marlon Humphrey made the first Pro Bowl of his career and he earned his first All-Pro honors after a stellar season with the Ravens. While he hopes to replicate what he did in 2019 in 2020, Humphrey is now a bit richer than he was earlier this week.