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3w ago

Ravens Begin Early Talks on Lamar Jackson Contract Extension

Baltimore explores options to address Jackson’s rising cap hit, with potential for a record-breaking deal.

Jan 19, 2025; Orchard Park, New York, USA; Baltimore Ravens quarterback Lamar Jackson (8) throws the ball during warm ups before the game against the Buffalo Bills in a 2025 AFC divisional round game at Highmark Stadium. Mandatory Credit: Mark Konezny-Imagn Images/File Photo
Jan 11, 2025; Baltimore, Maryland, USA; Baltimore Ravens quarterback Lamar Jackson (8) celebrates after defeating the Pittsburgh Steelers in an AFC wild card game at M&T Bank Stadium. Mandatory Credit: Geoff Burke-Imagn Images/File Photo
Lamar Jackson, Baltimore Ravens QB, takes questions after practice Tuesday ahead of Saturday's playoff game against the Pittsburgh Steelers. (Kim Hairston/Staff)
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Overview

  • The Baltimore Ravens have initiated internal discussions about extending Lamar Jackson's contract, which runs through 2027.
  • Jackson's current deal, signed in 2023, now ranks ninth among NFL quarterbacks in per-year average as salaries across the league have surged.
  • The quarterback's salary cap hit is set to escalate significantly to $74.5 million in 2026, prompting the Ravens to consider restructuring or extending his deal.
  • Head coach John Harbaugh suggested Jackson could become the highest-paid quarterback in NFL history if a new agreement is finalized.
  • The Ravens are also investing in their roster, recently signing offensive tackle Ronnie Stanley Jr. to a three-year, $60 million contract.