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The Baltimore Ravens announced Friday that they failed to agree to a contract extension with quarterback Lamar Jackson before a self-imposed deadline.
In the statement, Ravens general manager Eric DeCosta noted that the organization plans to resume contract negotiations with Jackson after the 2022 season:
adam schefter @AdamSchefter
Lamar Jackson will now play the last year of his contract. pic.twitter.com/L0peh2nZdF
As it stands, Jackson is expected to play the final year of his rookie contract in 2022, and he can become a free agent after the season if no long-term contract is agreed and the Ravens refuse to award him the job. franchise label. .
While Jackson and the Ravens have been discussing a new contract since at least the end of last season, it looks like they’re still somewhat estranged.
According to ESPN Jeremy Fowler and Dan Grazianoalong with several other reporters, the main issue has been Jackson’s desire to land a fully guaranteed contract.
In NFL history, it has been extremely rare for players to receive fully guaranteed deals, although it has happened twice recently with quarterbacks.
The Cleveland Browns gave Deshaun Watson a five-year, $230 million contract that is fully guaranteed in the offseason after acquiring him from the Cleveland Browns.
Additionally, the Green Bay Packers signed veteran signalman Aaron Rodgers to a three-year, $150.815 million contract that is fully guaranteed.
The type of deal Baltimore could aim for could be closer to the one Kyler Murray received from the Arizona Cardinals in July, which was $230.5 million over five years with $189.5 million in cash. guaranteed.
Jackson is far more accomplished than Murray at the NFL level, however, having led the Ravens to the playoffs three times in four seasons, in addition to winning the NFL MVP award in 2019.
He led the NFL in passing touchdowns that season and rushed for over 1,000 yards in 2019 and 2020, which is a real rarity for an NFL quarterback.
Jackson missed five games with injury last season, which means the Ravens could be worried about Jackson’s high-risk running style catching up with him.
When healthy, Jackson is one of the most dynamic players in the NFL, and the success of the Ravens depends primarily on him in 2022.
The upcoming season could be a breakthrough year for Jackson in terms of the type of contract he gets, but the Ravens have an ace up their sleeve in that they can franchise him for 2023.