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Ravens Restructure Lamar Jackson's Deal, Save $40 Million

3/12/2026

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Summary

Story summary

The Baltimore Ravens restructured quarterback Lamar Jackson's contract to free up nearly $40 million in salary cap space.
Defensive end Trey Hendrickson signed a four-year, $112 million deal that was finalized on the same day.
Lamar Jackson's 2026 cap hit is $34.54 million, down from $74.5 million.
Jackson will work under new head coach Jesse Minter and offensive coordinator Declan Doyle in 2026.

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Story summary

The Baltimore Ravens restructured quarterback Lamar Jackson's contract to free up nearly $40 million in salary cap space.
Defensive end Trey Hendrickson signed a four-year, $112 million deal that was finalized on the same day.
Lamar Jackson's 2026 cap hit is $34.54 million, down from $74.5 million.
Jackson will work under new head coach Jesse Minter and offensive coordinator Declan Doyle in 2026.