Trending Now - Ravens Restructure Lamar Jackson's Contract Ahead of Deadline

WHO:

Lamar Jackson, franchise quarterback for the Baltimore Ravens

Eric DeCosta, General Manager of the Baltimore Ravens

Steve Bisciotti, owner of the Baltimore Ravens

WHAT:

The Ravens restructured Lamar Jackson's contract to create salary cap room for the 2026 season.

The restructure freed up just under $40 million in salary cap space for 2026.

Jackson's 2026 salary cap figure was reduced from $74.5 million to $34.54 million.

Jackson's 2027 cap figure increased from $74.5 million to $84.49 million.

The Ravens signed defensive end Trey Hendrickson on the same day.

WHERE:

Baltimore, Maryland (home of the Baltimore Ravens)

WHEN:

The contract restructure was confirmed on Wednesday, March 11th, 2026.

The 2026 league year begins shortly after the restructure.

WHY:

The restructure was necessary to lower Jackson's cap number before the start of the league year.

DeCosta stated that reaching an extension is important to both parties.

HOW:

The Ravens added a void year to Jackson's contract, extending it to 2030.

(UPDATED March 12, 2026 01:32 UTC)

In a significant move for the Baltimore Ravens, the team restructured quarterback Lamar Jackson's contract on Wednesday, freeing up just under $40 million in salary cap space for the upcoming 2026 season. This adjustment lowered Jackson's cap figure from $74.5 million to $34.54 million for this year, while increasing his 2027 cap figure to $84.49 million, and the contract now extends to 2030 with the addition of a void year. On the same day, the Ravens also signed defensive end Trey Hendrickson, as General Manager Eric DeCosta emphasized the importance of reaching an extension that benefits both parties.