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Ravens Confront Lamar Jackson Contract Crunch With Extension or Trade on the Table

Escalating future cap costs are forcing Baltimore to weigh long-term options at quarterback.

Overview

  • ESPN’s Dan Graziano says Baltimore must either extend Jackson to reduce a projected $74.5 million cap charge in 2026–27 or evaluate the trade market.
  • An extension could approach $60 million per year, according to Graziano, who also notes the Ravens could consider moving on despite few superior alternatives.
  • Jackson has two years left on a five-year, $260 million deal with no remaining guarantees and a no-trade clause that would give him a say in any move.
  • Public scenarios for a potential deal include multiple first-round picks or a package with an established starter, while columnist Mike Preston urges exploring trades or drafting a quarterback.
  • The debate follows an injury-hit season with Baltimore at 7-8; Jackson is day-to-day after a Week 16 back contusion following earlier hamstring downtime, and media have questioned his rapport with John Harbaugh after a team fine over practice reporting.