Lamar Jackson is playing on the final year of his contract with the Baltimore Ravens. The two sides have engaged in a number of discussions about an extension leading up to the 2022 season. Unfortunately, those efforts didn't pay off.
Dual-threat star Lamar Jackson has reportedly made a decision on the Baltimore Ravens' final contract offer. He's turning it down and will end negotiations for now. Those negotiations are expected to resume during the 2023 offseason.
It's also likely the Ravens now place the franchise tag on Jackson for the 2023 season. That would allow the AFC North franchise more time to figure this out.
"Lamar Jackson decided to turn down the Ravens’ offer and bet on himself. He now will make $23 million this season and is expected to be franchise tagged after this season," said ESPN's Adam Schefter.
A bit of a stunning outcome here. You rarely see franchise quarterbacks in this type of predicament, but here we are.
It's notable that Lamar Jackson doesn't have an agent. That adds a complicated layer to negotiations, seeing that Jackson didn't have much time to negotiate due to practice schedules.
Jackson and the Ravens will likely resume contract negotiations in 2023. But it's more than likely Baltimore simply franchise tags the former NFL MVP to ensure he sticks around for the next two seasons.
Baltimore begins the 2022 season this Sunday vs. the New York Jets.