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Ravens’ Lamar Jackson Joins National Thoroughbred League as Maryland Colts Team Owner | News, Scores, Highlights, Stats & Rumors

GREEN BAY, WI - AUGUST 24: Quarterback Lamar Jackson #9 of the Baltimore Ravens on the sideline during the third quarter of an NFL preseason game against the Green Bay Packers at Lambeau Field on August 24, 2024 in Green Bay, Wisconsin. (Photo by Todd Rosenberg/Getty Images)

Todd Rosenberg/Getty Images

Baltimore Ravens quarterback Lamar Jackson is the new “principal” owner for the Maryland Colts franchise in the National Thoroughbred League.

As part of the deal, the two-time MVP will also increase access to horse racing for local children in the region.

Adam Schefter @AdamSchefter

Ravens QB Lamar Jackson is helping bring the Colts back to Baltimore. Jackson joins the ranks of sports owners as the majority owner of the National Thoroughbred League’s newest team, the Maryland Colts. And so, one of the Ravens’ leaders is now helping bring the Colts back to… photo.twitter.com/O0AA7qVfgb

“I am really excited to be part of this great opportunity,” said Jackson said of the move. “The core values ​​of excellence, teamwork, community and leadership will help the program exceed our expectations.

“I believe that through our efforts and determination, more opportunities will be opened up for the youth of the state of Maryland. We look forward to seeing the success of such a great vision become a reality.”

NBA legend Julius Erving and New York Giants linebacker Kayvon Thibodeaux are among the sports greats who have invested in the venture.

The NTL launched with six teams in 2023, and the Colts are one of four expansion franchises for 2024. The league is also increasing the prize pool from $1 million to $3 million.

The team-based format for NTL events is a stark departure from what fans are used to seeing in horse racing. One horse from each of the 10 franchises competes in a given race, with results accumulating over the course of the season. The season opener begins Saturday in Nashville, Tennessee.

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