Ravens say talks with Lamar Jackson to go to deadline before using franchise tag

Ravens reveal talks with QB Lamar Jackson are set to go to the wire with Baltimore prepared to wait up until Tuesday’s deadline before placing its franchise tag on the 26-year-old

The Baltimore Ravens are reportedly set to wait until Tuesday’s deadline before using its franchise tag on its star quarterback Lamar Jackson, 25 months since the start of talks over a new deal with the player.

‘Today and up until 3:30 tomorrow, a lot of energy will be utilized in trying to get a deal done,’ Ravens executive vice president Ozzie Newsome told ‘The Bernie Kosar Show’ on Monday, which marked the last day of this year’s NFL Combine. 

‘If not, we will put the franchise tag on him.’   

Time is running out for Baltimore’s front office to try to convince Jackson to agree to fresh contractual terms, with the 26-year-old’s fifth-year option already being used last year and with free agency looming this offseason.

Unlike most NFL players, Jackson has never had an agent represent him in contract discussions since he’s been drafted in 2018 and is believed to only be interested in resigning with the Ravens if he’s offered a deal in the region of $230million, which would make him one of the highest-paid players in the NFL. 

Ravens QB Lamar Jackson is set to receive Baltimore’s franchise tag before Tuesday’s deadline

Ravens exec. vice president Ozzie Newsome spoke of the team's plans for its star QB Tuesday

Ravens exec. vice president Ozzie Newsome spoke of the team’s plans for its star QB Tuesday

The exclusive tag, which is expected to cost $45million, would give Baltimore room to manage Jackson’s contract rights in 2023 and shut down potential trade talks. 

The Ravens could alternatively go for a cheaper option – the nonexclusive tag, which costs $32.416million. However, it would allow Jackson to hold talks with other teams and give the Ravens the opportunity to match any offer sheet or take two first-round picks as compensation for losing Jackson. 

At the NFL combine last week, Ravens general manager Eric DeCosta said the team was well prepared in dealing with the two-time Pro-Bowler’s future since the team was beaten by the Bengals in last season’s Wild Card Round, 17-24.

‘It’s not like we didn’t know we might be in this position,’ DeCosta said. ‘Last year at this time, we talked about it, so we’ve had a full year to really discuss all the different plans. We’ll make the right decision.’ 

On Monday, two players received the franchise tag: Dallas Cowboys running back Tony Pollard and Jacksonville Jaguars tight end Evan Engram. 

Defensive tackle Daron Payne, of the Washington Commanders, was designated under the franchise tag last week. 

Jackson & the Ravens were beaten by the Bengals in the NFL Wild Card Round of the playoffs

Jackson & the Ravens were beaten by the Bengals in the NFL Wild Card Round of the playoffs

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