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Ravens Accelerate Lamar Jackson Extension Talks Ahead of 2027 Cap Challenge
By Drooid · · How we work
Extension Talks Intensify as 2027 Cap Hit Looms
Baltimore general manager Eric DeCosta said the organization is “optimistic” it can reach a new agreement with quarterback Lamar Jackson before the league’s new year, a deadline that will affect the 2027 salary-cap picture. Jackson is currently under a five-year, $260 million contract signed in 2023 that runs through the 2027 season. Spotrac reports his cap hit for that final year will be $84.3 million, a figure the Ravens deem untenable without a restructure. Because Jackson represents himself and does not have an agent, the team does not expect negotiations to occur during the regular season.
Background: Jackson’s Contract History and Playoff Record
Jackson entered the league as the No. 32 pick in 2018 and has earned two league MVP awards, making him the only player with multiple MVPs who has not appeared in a Super Bowl. The previous extension negotiations in 2023 were described as contentious, lasting about a month before the five-year, $260 million deal was finalized. The Ravens missed the playoffs last season, finishing with an 8-9 record, heightening pressure to secure Jackson’s future while the team seeks postseason success.
Data & Statistics
- Current contract: five years, $260 million (signed 2023).
- 2027 cap hit: $84.3 million (Spotrac).
- Age: 29.
- MVP awards: 2 (most recent before 2024 season).
- Playoff appearances: 0; last season record 8-9.
Official Statements & Responses
DeCosta emphasized the franchise’s philosophy of “fair-plus” compensation, noting the organization tries to balance guaranteed money, term length, and incentives for its top players. He added that the relationship with Jackson is the “healthiest it’s ever been.” Jackson, speaking to ESPN’s Jamison Hensley, said the team focuses on “how to get there” each year rather than speculating about a Super Bowl win.
Verbatim Quotes
- “We try to compensate our players, our best players, as well as we can,” — DeCosta, ravens general manager
- “We talk about how to get there,” — Lamar Jackson