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Lamar Jackson Thumb Injury Forces High-Stakes Contract Crossroads

Surgery and an expected injured-reserve stint, combined with a reported $84‑plus million 2027 cap figure and no guarantees past 2026, force the Ravens to choose between an offseason extension or costly roster moves.

Overview

  • Jackson suffered a right-thumb injury that requires surgery and is expected to be placed on injured reserve, a development reported on Monday that makes a season return unlikely.
  • He is under a five-year, $260 million contract that runs through 2027 and has no guaranteed salary remaining beyond the 2026 season.
  • Because Baltimore restructured his deal this offseason, Jackson’s cap number is projected at more than $84 million in 2027, a figure that would severely constrain the team’s ability to build the roster.
  • Reports say Jackson holds contract protections such as a no-tag and no-trade clause and that he previously 'balked' at extension talks, giving him leverage to play out the contract and potentially test free agency in 2028.
  • Facing surgery and mounting durability questions, the Ravens must weigh an expensive extension that would lower next year’s cap hit against a difficult trade or release that would carry large dead-cap consequences and reshape the team’s short-term plans.