Ravens prioritize locking in Lamar with new deal before free agency
The Baltimore Ravens may have parted ways with head coach John Harbaugh after 18 seasons, but owner Steve Bisciotti reaffirmed his commitment to Lamar Jackson.
"I want him to be my quarterback," Bisciotti said Tuesday. "We had some mechanism to keep him in place three years ago that we don't necessarily have right now."
Jackson has two years remaining on a five-year, $260-million contract he signed in May 2023, according to Over the Cap. His cap number is set to rise from $43.5 million in 2025 to $74.5 million in both 2026 and 2027.
Bisciotti expressed interest in negotiating a new deal with the two-time MVP to free up cap space for free-agent signings this offseason. However, he added that the team could restructure Jackson's contract with void years to lower the cap hit if the sides can't reach an extension.
"You can play with that money all you want. That's not what we want. We want another window, and Lamar knows that," Bisciotti said. "I think that he's amenable to doing something that mirrors the last deal he did."
Bisciotti admitted a sense of urgency to secure a new agreement with Jackson before the beginning of the new league year. The Ravens have several key contributors scheduled to become free agents this spring, including starters Tyler Linderbaum, Kyle Van Noy, Patrick Ricard, and Isaiah Likely.
Jackson's production declined sharply in 2025, passing for 2,549 yards, 21 touchdowns, seven interceptions, and a 64% completion rate. The 29-year-old also rushed for a career-low 349 yards and two scores.
The Ravens continue to hold interviews in the first round of their coaching search. Baltimore's front office reportedly plans to cut its list down to four or five finalists next week. The club parted ways with Harbaugh on Jan. 6 after missing the postseason following a narrow loss to the Pittsburgh Steelers in the regular-season finale.
Bisciotti said Jackson will have input in the coaching search, emphasizing that the star quarterback will have "a lot of say but no power," per The Baltimore Banner's Giana Han.