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Ravens have reworked the contract of Lamar Jackson, as @AKinkhabwala also reported. Sources say t...

By Adam Schefter

Posted March 11, 2026

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Ravens have reworked the contract of Lamar Jackson, as @AKinkhabwala also reported. Sources say t...

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About the Creator

Adam Schefter is a highly respected NFL insider and reporter for ESPN, renowned for breaking major league news with unparalleled speed and accuracy. His style is straightforward, factual, and concise, often delivering exclusive scoops directly from sources. Schefter's credibility is top-tier in sports journalism, with a track record of reliable reporting on contracts, trades, and roster moves.

What's This About?

The post announces that the Baltimore Ravens have restructured quarterback Lamar Jackson's contract, creating approximately $40 million in salary cap space for the 2026 season, as also reported by Aditi Kinkhabwala. This move converts part of Jackson's $51.25 million base salary into a signing bonus, reducing his 2026 cap hit from $74.5 million to around $34.5-37 million, but it increases his 2027 cap figure to $84-87 million. It's compared to similar restructures by Patrick Mahomes and Josh Allen, allowing the Ravens to sign players like Trey Hendrickson while they pursue a long-term extension with the two-time MVP, who has two years left on his current deal.

🔥Why It's Trending

This news is trending due to its timing right before the NFL free agency period on March 11, 2026, as teams scramble for cap space amid roster overhauls following a disappointing Ravens season. The restructuring enables key moves like signing Hendrickson after backing out of a Maxx Crosby trade, sparking fan debates on Jackson's future and Baltimore's championship window. High interest stems from Jackson's MVP status and the financial maneuvers mirroring elite QBs.

💡Fun Facts

1Lamar Jackson's original 2023 contract is a 5-year, $260 million deal with $185 million guaranteed, including a no-trade clause.
2The restructure adds void years (2028-2029), pushing future cap hits higher but freeing immediate space without Jackson's consent due to a team option.
3Jackson's 2026 cap hit drops from 2nd highest in NFL ($74.5M) to manageable levels, but 2027 jumps to potentially the highest ($84-87M).
4Ravens owner Steve Bisciotti publicly urged an extension before free agency to avoid restructures and extend the 'window.'
5Similar moves by Mahomes and Allen this offseason highlight a trend among top QBs to aid their teams' cap flexibility.