Lamar Jackson and the Ravens have agreed to terms. He has his deal, and it will keep him with the team through the 2027 season.
They certainly picked an interesting day to pull the trigger, making the news official during Day 1 of the NFL Draft. The team went and got Odell Beckham and may add more weapons this coming weekend. Jackson remains a top-5 fantasy option at the quarterback position.
A much needed boost to a WR room that has been lacking for years. There are clearly still questions about Beckham's health, as he is one of the final free agent fantasy pieces to fall into place, but Baltimore is in a position to take a risk here. We'll have to wait and see if this will impact Lamar Jackson's willingness to stick around with the Ravens.
In almost the same breath, the GM also mentioned that they would like to have more than their current five picks, which hints at a trade back. The mostly likely scenario is that he wants teams to be wary of Baltimore's picks to put out feelers for a possible trade.
Ravens sent notice to the NFLPA that they placed the $32.41 million non-exclusive franchise tag on QB Lamar Jackson. He now is allowed to negotiate with other teams, but the Ravens have the right to match any offer sheet he signs or take two first-round picks in return for him.
The Ravens are letting Jackson set the market for his services and have the option to match the contract or receive two first-round picks in compensation. Wherever he lands, Jackson will hold solid QB1 value due to his dual-threat ability.