The Ravens and Lamar Jackson have kicked off extension talks, according to GM Eric DeCosta. Jackson, who represents himself, is currently scheduled to earn just $1.77MM in base salary this season.
“That’s ongoing. That’s definitely a fluid thing. Lamar and I have had a discussion about that,” DeCosta said (YouTube link). “I think it’s important to us and it’s important to him. I think Lamar is obviously a very patient guy. He wants to be the best he can be. He wants this team to be the best it can be and he wants to win very badly. So, we’re aligned that way.”
There’s mutual interest in a new deal, though the Ravens aren’t necessarily in a rush. Beyond his low-priced 2021 season, the Ravens can exercise Jackson’s fifth-year option — a fully guaranteed $23.1MM — to keep him under club control through 2022.
If the numbers are right, Jackson would probably prefer to take the safer route. Quarterbacks like Russell Wilson, Patrick Mahomes, Jared Goff, and Carson Wentz all opted for security ahead of their fourth-year rookie contracts and earned sizable paydays. On the other hand, he could follow Dak Prescott‘s playbook, which resulted in a four-year, $160MM megadeal.
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