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Ravens, Lamar Jackson Still Without Extension as 2027 Cap Crunch Looms

An $84.34 million 2027 cap charge is driving urgency for Baltimore.

Overview

  • Talks remain unresolved after a March restructure that lowered Jackson’s 2026 cap hit to about $34–35 million but left a $84.34 million charge in 2027, roughly 26% of the projected cap.
  • ESPN’s Dan Graziano reports Jackson isn’t rushing to sign a new deal, and his choice to represent himself is widely viewed as a factor that slows negotiations.
  • Jackson has taken part in voluntary workouts and the team’s first minicamp, which reporters note as a positive sign under new head coach Jesse Minter and coordinator Declan Doyle.
  • General manager Eric DeCosta has expressed confidence about reaching an agreement, while reporting says owner Steve Bisciotti is concerned about the 2027 cap spike.
  • Some agents and outlets say a trade demand is possible if no deal is reached before training camp, with Atlanta, Arizona and Minnesota mentioned as speculative landing spots.