The Ravens made a whopping 11 selections during the 2022 NFL Draft, nine of which are still in Baltimore and eligible for a contract extension.
First-round picks Kyle Hamilton (No. 14 overall) and Tyler Linderbaum (No. 25 overall) have emerged as priorities for the Ravens, along with fourth-rounder Isaiah Likely. The team is working on extensions for all three players and would like to get deals done before the end of the 2025 season, according to ESPN’s Dan Graziano.
Hamilton will be the most expensive. The All-Pro will likely get a significant raise over the top of the safety market, which reached $21.25MM with Kerby Joseph‘s deal this offseason. The Ravens picked up Hamilton’s fifth-year option in May, locking him in for $18.6MM in 2026 and giving them an extra year to reach an agreement. They could even tag him in 2027 if necessary, but with considerable money committed for the team’s other stars – including $74.5MM for Lamar Jackson in 2026 and 2027 – an extension for Hamilton would help ease the immediate cap burden.
The Ravens declined Linderbaum’s fifth-year option, not because they didn’t want to keep him, but because the NFL groups all offensive linemen together when calculating fifth-year options and franchise tags. Linderbaum would have been owed $23.4MM in 2026, more than $5MM above Creed Humphrey‘s $18MM APY at the top of the center market. A tag is out of the question for the same reason, giving the Ravens six months to extend Linderbaum.
General manager Eric DeCosta hasn’t shied away from making the team’s star players the NFL’s highest-paid at their position, but the cap has gone up significantly since Humphrey signed his extension. Accordingly, Linderbaum may be seeking upwards of $19MM per year. The Ravens will be hoping that the potential for a hefty signing bonus will incentivize their Pro Bowl center into putting pen to paper on an affordable contract before he hits free agency.
Likely has emerged as an ascending offensive weapon, a favorite target of Jackson’s, and a clear successor to Mark Andrews in the team’s tight end room. The Ravens may want to make sure that his recovery from foot surgery goes smoothly before finalizing an extension. Likely’s market has been clarified by Jake Ferguson‘s $12.5MM APY deal with the Cowboys. Ferguson has more targets, receptions, and yards due to his undisputed TE1 status in Dallas in the last two years, but Likely has been significantly more efficient and effective in the red zone while playing behind Andrews in Baltimore.
The 25-year-old may not be able to break into the highest tier of tight end contracts without a full year as a starter, but he could come in around $14MM per year, which happens to be the same amount that Andrews commanded on his second contract.