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Ravens Push for Lamar Jackson Extension Before Free Agency

Restructuring remains a fallback that would shift a large charge into 2027.

Overview

  • Owner Steve Bisciotti urged Jackson to complete an extension by the start of free agency to set the offseason plan.
  • Jackson carries a $74.5 million 2026 cap hit, which Baltimore wants to reduce to help retain key players and pursue additions after an 8-9 season.
  • The contract allows the team to convert salary into a signing bonus and add void years, creating $30 million plus in space and potentially nearly $38 million.
  • A full restructure example would cut Jackson’s 2026 cap figure to about $37 million but raise his 2027 number to roughly $87 million.
  • Baltimore prefers an extension that opens cap room and extends team control beyond 2028; Jackson represents himself, has two years and about $104 million remaining, and his average annual pay now ranks 10th among quarterbacks.