Trending Now - Ravens Restructure Lamar's Contract to Sign Hendrickson
WHO:
Lamar Jackson, quarterback for the Baltimore Ravens
Steve Bisciotti, owner of the Baltimore Ravens
Baltimore Ravens
Trey Hendrickson, defensive end
Maxx Crosby, defensive end for the Las Vegas Raiders
Adam Schefter, ESPN reporter
Ryan Gaydos, senior editor for Fox News Digital
WHAT:
The Ravens restructured Lamar Jackson's contract to create nearly $40 million in salary cap space.
Jackson's 2026 cap figure was reduced from $74.5 million to $34.54 million.
The restructuring increased Jackson's cap number in 2027 from $74.5 million to $84.49 million.
The Baltimore Ravens agreed to a four-year, $112 million contract with Trey Hendrickson.
The deal can be worth up to $120 million with incentives.
The Ravens backed out of a trade for Maxx Crosby due to health concerns.
Crosby failed a physical, which led to the cancellation of the trade.
Hendrickson's deal includes $60 million fully guaranteed and a $20 million signing bonus.
Hendrickson will earn an additional $500,000 for reaching specific sack thresholds per season.
WHERE:
Baltimore Ravens are based in Baltimore, Maryland.
Maxx Crosby is with the Las Vegas Raiders.
WHEN:
The restructuring of Jackson's contract occurred on March 11th, 2026.
The Ravens agreed to the deal with Hendrickson on March 11th, 2026.
The trade for Crosby was agreed upon on March 8th, 2026, but could not be finalized until March 11th, 2026.
The new league year starts on March 11th, 2026, at 4 p.m. ET.
WHY:
The Ravens needed cap room to fit Trey Hendrickson's contract under the salary cap by the start of the new league year on March 11th, 2026, at 4 p.m. ET.
The Ravens needed to address their pass rush, which was one of their biggest weaknesses in the 2025 season, finishing with 30 sacks, tied for the second fewest in team history.
Medical concerns arose during Crosby's physical, leading to the cancellation of the trade.
HOW:
The Ravens triggered a clause that automatically restructured Jackson's deal, converting most of his $51.25 million salary into a bonus and spreading the cap hit over four years, which includes two void years.
The Ravens pivoted to sign Hendrickson after the failed trade for Crosby.
Trades are contingent on players passing physicals and are not official until the start of the new league year.
(UPDATED March 11, 2026 17:18 UTC)
Today, the Baltimore Ravens restructured quarterback Lamar Jackson's contract, creating nearly $40 million in salary cap space just in time for the new league year. This adjustment reduced Jackson's cap figure for 2026 from $74.5 million to $34.54 million, while increasing his cap number for 2027 to $84.49 million. The restructuring was necessary to accommodate Trey Hendrickson's contract under the salary cap, which needed to be finalized by 4 p.m. ET today.
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(UPDATED March 11, 2026 15:12 UTC)
Today, the Baltimore Ravens made headlines by agreeing to a four-year contract worth $112 million with defensive end Trey Hendrickson, which could rise to $120 million with incentives. This deal comes after the Ravens backed out of a trade for Maxx Crosby from the Las Vegas Raiders due to health concerns, as Crosby failed his physical. Hendrickson's contract includes $60 million fully guaranteed and a $20 million signing bonus, with additional earnings possible for reaching specific sack thresholds each season.