The Baltimore Ravens have exercised their non-exclusive franchise tag on quarterback Lamar Jackson, with team GM Eric DeCosta confirming as much on Tuesday afternoon.
The Ravens were hoping to reach a deal with the QB by today following what has been a very lengthy contract standoff. However, the parties are still far away from reaching an agreement, with Rich Eisen reporting on Monday that the relationship between the player and the organization is “not pretty.”
While the team still hopes to have the player in their uniform come the 2023 NFL season, the possibility of a departure grows ever greater.
The Ravens have notified the NFLPA that a $32.42 million non-exclusive franchise tag was placed on Jackson, who is now allowed to negotiate with other teams. The player will be able to shop around for the best possible deal but the Ravens will have the opportunity to match any offer sheet he signs. They could also opt for two first-round picks as an alternative.
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DeCosta has released a statement in which he claims the team is continuing to negotiate with the player in good faith and remains hopeful over the possibility of a long-term deal.