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Ravens Optimistic Lamar Jackson Extension Before March

9/3/2026

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Summary

Story summary

Ravens GM Eric DeCosta says the team is optimistic about extending quarterback Lamar Jackson before March.
Owner Steve Bisciotti urged completing a new deal by March to lower Jackson’s projected $74 million salary.
Jackson’s five-year, $260 million contract runs through 2027 with an $84.340 million cap hit that year.
The 2026 restructuring freed about $40 million in cap space but raised the 2027 hit.

History

Historical Context

In 2004 Peyton Manning led the Indianapolis Colts to a 12-4 record, threw a league-record 49 touchdown passes and earned NFL MVP, prompting the team to restructure his contract to free $8.2 million in cap space. That landmark performance and cap-saving move demonstrated the financial impact of elite quarterback deals, influencing later franchise-quarterback extensions such as the Baltimore Ravens’ multi-year contracts.

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Story summary

Ravens GM Eric DeCosta says the team is optimistic about extending quarterback Lamar Jackson before March.
Owner Steve Bisciotti urged completing a new deal by March to lower Jackson’s projected $74 million salary.
Jackson’s five-year, $260 million contract runs through 2027 with an $84.340 million cap hit that year.
The 2026 restructuring freed about $40 million in cap space but raised the 2027 hit.

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