Ravens, Lamar fail to reach agreement on deal

Lamar Jackson turned down offers from the Baltimore Ravens for a contract extension and is now betting on himself this season.

On Friday morning, the Ravens announced they were unable to come to an agreement on a new deal by the quarterback’s self-imposed deadline.

“Despite the best efforts from both sides, we have not been able to reach a contract extension with Lamar Jackson,” Ravens general manager Eric DeCosta said in a statement. “We greatly appreciate how he has handled this process and we are excited about our team under Lamarr’s leadership. We will continue to work towards a long-term contract after the season, but for now we are looking forward to a successful 2022.” Looking forward to the campaign.”

Jackson, who is one of the few players to represent himself in the NFL, said he wanted to postpone talks before the start of the regular season. On Wednesday, he indicated that the cutoff would be on Friday.

It was not expected that the sides would reach an agreement before the start of the season. In March, Ravens owner Steve Biscotti admitted that Deshan Watson’s fully guaranteed $230 million deal with the Cleveland Browns would complicate future negotiations with the quarterback. The guaranteed money difference between Watson and the second-highest-paid quarterback (Kyler Murray of the Arizona Cardinals) is $40.5 million.

If the parties are unable to reach a new deal by March 7, Baltimore will have to put on a franchise tag to prevent Jackson from becoming a free agent. The only quarterback to receive the tag in the last five years was Dak Prescott, who eventually reached a long-term contract with the Dallas Cowboys.

Jackson, 25, will earn $23.016 million in his fifth year option, but has no guaranteed money after this season. In the past six months, three franchise quarterbacks have signed deals that have raised more than $165 million in guaranteed money.

Jackson, who has taken more hits (737) than any other quarterback since 2018, was asked Wednesday whether he thought it was a risk to play with money without guarantees beyond this season.

“It was a huge risk last season. A year ago,” Jackson said this week. “I’m just playing football. Anything can happen. God forbid anything goes wrong.”

Jackson has proven to be one of the NFL’s top playmates and winners over the past four seasons. Since Jackson became the Ravens’ starter in the middle of the 2018 season, Baltimore is 37-12 (.755) with him and 2-5 (.285) without him. He was the unanimous NFL MVP in 2019.

But Jackson is coming off his most challenging season. He threw a career-worst 13 interceptions and missed a career-high five games, including the last four, due to an ankle injury.

The last time a Ravens quarterback turned down Baltimore offers for a contract extension and executed his rookie deal with Joe Flaco was in 2012. That year, Flaco led the Ravens to the Super Bowl title and then became the highest-paid player in the NFL. After offseason.

On Sunday, Jackson and the Ravens face Flacco in Sunday’s season opener at the New York Jets.

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