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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.

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.

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