Lamar Jackson

Ravens HC John Harbaugh said the team has had internal conversations about an extension for Lamar Jackson.

Harbaugh is fresh off signing a three-year extension of his own. Now, the long-time coach is on record saying a new deal could be in the works for Jackson “sooner or later.” Jackson signed a five-year, $260 million contract extension in 2023 and is under contract through the 2027 season. That said, with a league salary cap that is likely to see a continued increase in the coming seasons, the Ravens would be wise to give Jackson a new deal before his current one nears expiration. Jackson, 28, is a two-time MVP who nearly won a third MVP after a 2024 season in which he threw for 4,172-41-4 while adding another 915 yards and four touchdowns on the ground. His 2026 cap number balloons to $74.650 million, but that number can likely be reduced with a new deal, creating added incentive for the Ravens to get something done.