Baltimore Ravens general manager Eric DeCosta has confirmed the Ravens would like to agree on a new deal with Lamar Jackson but now the question is whether the Ravens are willing to meet Jackson's financial demands. Jackson, who is operating as his own agent, wasn't satisfied with the contract extension offer that the Ravens offered him before the start of the 2022 season.
"Our focus right now is to get a long-term deal done. That's our singular focus at this point. It's going to take some time, it's going to take some effort, and it's going to take great communication, give and take, but I'm confident that we'll be on the right path to get that done," DeCosta said, per CBS Sports.
After playing the 2022 season on a fifth-year option, the Ravens have two options - to reach an agreement on a new deal with Jackson or to keep him for 2023 by placing him under the franchise tag. The Ravens could potentially keep Jackson for two more seasons by placing him under the franchise tag in 2023 and 2024.
Will the Ravens meet the financial aspects Jackson is seeking?
In the past two years, the Ravens and Jackson failed to agree on a new deal. According to some reports, the Ravens offered Jackson a six-year $250 million extension, with $133 in guaranteed money.
Now, the Ravens and Jackson are set to start their negotiations again. "Well, it certainly takes two to tango, but I think Lamar and I have a great relationship. We communicate quite often. We spent some time together today as a matter of fact.
We've spoken throughout the season multiple times and, you know, these negotiations they all happen differently," DeCosta said. Meanwhile, Jackson missed the Ravens' last six games of the 2022 season due to a PCL sprain. Jackson's injury was initially expected to sideline him for 3-4 games but he ended up sidelined for a month and half.
Some thought that Jackson refused to play late in the season because he didn't want to risk a serious injury without a long-term contract.