Crosby trade nixed, Raiders say Ravens backed out

The blockbuster trade involving defensive end Maxx Crosby is off, with the Las Vegas Raiders announcing Tuesday that the Baltimore Ravens backed out of the deal.

The Raiders didn't disclose a reason for the nixed agreement, but the deal collapsed due to Crosby's physical, sources told The Athletic's Dianna Russini. Crosby suffered a meniscus injury during the 2025 season, leading the Raiders to shut him down prematurely. It's unclear if his knee issue prompted the Ravens' concerns.

Baltimore reportedly agreed Friday to send two first-round picks to Las Vegas for the star edge rusher, who appeared excited to join the Ravens.

"I'm gonna give everything in my heart and soul to bring a championship to Baltimore," Crosby said after the teams initially agreed to the exchange.

Trades and free-agent agreements can't be finalized until 4 p.m. Wednesday, which marks the beginning of the new league year.

The Raiders have been extremely active in free agency, handing out $281 million in contracts while assuming they'd be saving $30 million with Crosby's contract coming off the books. Las Vegas' most expensive move was a three-year, $81-million agreement with Ravens center Tyler Linderbaum.

Meanwhile, Baltimore saw incumbent players like Linderbaum, tight end Isaiah Likely, edge rusher Dre'Mont Jones, and safety Alohi Gilman strike deals elsewhere as it prepared to acquire Crosby.

The Dallas Cowboys, who reportedly came in second in the Crosby trade sweepstakes, aren't expected to jump back into the bidding immediately, reports Russini. Dallas reportedly has a deal in place to acquire Rashan Gary from the Green Bay Packers. Both the Ravens and Cowboys entered the offseason with major pass-rush deficiencies.

The Raiders now have several teams inquiring about Crosby's availability but are preparing for him to return to the team healthy, a source told ESPN's Adam Schefter.