He also had two catches for 43 yards including a 30-yard catch in B.C.'s Grey Cup win this past November.
"I very pleased to sign this extension," Jackson said. "I believe I can continue to contribute to the team in a variety of roles and this demonstrates that both Wally and (head coach Mike Benevides) feel the same way. I'm ready to do whatever is asked of me to help win another championship."
Jackson has spent all nine seasons of his CFL career with the Lions, totalling 5,533 yards and 31 TDs.