We mentioned recently that, following the extension of wide receiver Rashod Bateman, an extension for quarterback Lamar Jackson would be at the forefront of the Ravens’ priorities for the remainder of the offseason. Well, according to Ian Rapoport of NFL Network, the plan was always for the two-time MVP to get a revised deal around this time. 
Though Jackson became the highest-paid player in NFL history only two years ago, so many other quarterbacks have gotten new deals that he currently sits at 10th in the league in average annual value. Jackson and the team anticipated the inflating contract values when they formed his first extension, putting obscene cap hits starting in the third year of his contract to force both parties to return to the table. Jackson’s $43.5MM cap hit in 2025 in the fourth highest in the NFL this year. That cap hit jumps to $74.5MM in 2026 and 2027, giving him the third highest and highest cap hits in those respective years.
A return to the table would benefit both parties as a new contract would likely mean a raise for Jackson and some short-term cap savings for Baltimore. If Jackson once again becomes the highest-paid quarterback (per AAV) in the league, he will become the first player in NFL history to eclipse $60MM per year, and according to Rapoport, head coach John Harbaugh seemed to acknowledge at league meetings that Jackson could certainly be bound for that as of yet uncharted territory.
Rapoport predicts, too, that, paired with Bateman’s extension, the cap relief of a Jackson extension could help the team with another extension that’s likely on the docket for tight end Isaiah Likely.
Here are a few other rumors coming out of Charm City:
- After an impressive sophomore campaign that earned him the honor of being the Ravens’ first Pro Bowl wide receiver in franchise history, Zay Flowers second season came to an early end with a knee sprain in the regular season finale. The injury held him out of the team’s two playoff contests but, luckily, didn’t require surgery. According to ESPN’s Jamison Hensley, Flowers’ knee is already 100 percent. “No limits,” the 24-year-old told the media. As Jackson’s favorite target in 2024, Flowers became just the 10th receiver or tight end in franchise history to catch for 1,000 yards in a single season. Back to full health, he’ll look to become just the second to do so in back-to-back seasons (Derrick Mason did so in three straight years from 2007-09). A big part of that will be Flowers’ ability to reconnect with Jackson, something he began doing as soon as he completed his rehabilitation. Aside from the regular offseason practices in Baltimore, Flowers and Jackson have been working together in private workouts in Florida.
- Since getting drafted in the fourth-round of 2022, cornerback Jalyn Armour-Davis has had a disappointing start to his career. It seems as if offseason rumors pump him up every summer just for injuries to curtail his success in the fall. In three years, he’s only played in 19 games, and with a deeper cornerbacks group in 2025, his path to playing time has grown even longer. According to Jeff Zrebiec of The Athletic, Armour-Davis could find time as a safety. Defensive coordinator Zach Orr is reportedly cross-training the 25-year-old, and he’s seen as one of the smartest defensive backs in the building. If this experiment fails to pay dividends, though, Armour-Davis’ continued struggles to make an impact could result in his getting waived.
- After a torn ACL ended an impressive rookie campaign in 2023, running back Keaton Mitchell had to wait until Week 10 to debut in his sophomore season, at which point it was difficult to work him into the offense. The team did find some special teams use for him as a kickoff returner in 2024, though, and per Zrebiec, Mitchell wants to be the primary returner for the team this year, as well. Mitchell should still be able to find some time in the offense in 2025; Derrick Henry will be the primary ball carrier, while Justice Hill functions as a third-down, receiving back, but Mitchell’s incredible speed will continue to be an excellent complement to both rushers. With fewer playing opportunities available on offense, though, Mitchell will look to utilize that speed in the open field on kickoff returns.
Jackson still has three years left on his deal. I guess they want the extension so they can lower his cap hits since the next three years are outrageously high.
2025 – 43.5 million
2026 – 74.5 million
2027 – 74.5 million
Yeah, I’d agree. Other than his injuries, he’s still playing at a high level, and having a 1000 yard receiver last year really helps with optimism that he could rely on his legs less and extend his career as a passer. Those things together make Jackson a prime extension candidate, and I’d bet that that’s how Baltimore discussed the extension with him when it happened. I wouldn’t doubt that he’s a good candidate to yet again break the record for highest paid NFL player per annum when he signs.
Why do cities give themselves such ridiculous nicknames?