Lamar Jackson has finally agreed to an extension with the Baltimore Ravens, bringing an end to what was quite the saga.
The parties had been involved in a year-long contract standoff that ultimately led to the quarterback being franchise-tagged after requesting a trade. But, as of Thursday, all is well between Lamar and the Ravens as he’s agreed to a five-year deal with the team.
According to NFL Network’s Ian Rapoport, the Ravens stepped up and made an offer north of the record-breaking deal Philadelphia handed Jalen Hurts last week in the wake of the development in Philly.
According to Adam Schefter, it’s a five year deal worth $260-million, with $185-million guaranteed.
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There were a few indicators pointing to the QB sticking around in recent weeks. The lack of activity from other teams after he was franchise-tagged suggested that the Ravens would have the upper hand in negotiations as the market quickly grew cold on the player.
His lack of an agent was also a sticking point that played into the Ravens’ hands. But perhaps the most telling sign was the team’s decision to sign Odell Beckham Jr. to a $15 million deal. It was later reported that Jackson was instrumental in recruiting the wide receiver, who was assured that the former MVP would be his quarterback in 2023.
Jackson’s agreement with the Ravens closes the chapter on the NFL’s biggest offseason sagas as the Aaron Rodgers trade has also happened this week.