Ravens Expected to Use Josh Allen Contract Model in New Lamar Jackson Deal
Baltimore Ravens quarterback Lamar Jackson is coming off one of the most impressive seasons in recent NFL history. After narrowly missing out on his third MVP award, Jackson has firmly re-established himself as one of the league’s elite quarterbacks. With that in mind, the Ravens are reportedly looking to secure his future with a new contract extension.
According to ESPN’s Jeremy Fowler, the Ravens are expected to take a proactive approach, potentially following the example set by the Buffalo Bills when they extended Josh Allen. That move involved extending Allen while he still had multiple years left on his current deal, aiming to lock him in before the quarterback market becomes even more expensive in the future.
“The expectation is that Baltimore may mirror what Buffalo did by paying their star early to avoid future inflation in quarterback salaries,” Fowler said on SportsCenter.
This would be a notable shift from the Ravens’ previous strategy. In 2023, they applied the non-exclusive franchise tag to Jackson, which allowed him to negotiate with other teams. Ultimately, no other team made a serious offer, and Jackson re-signed with Baltimore on a five-year, $260 million deal.
That contract was structured with the long term in mind. While Jackson’s cap hit in 2025 is $43.5 million, it jumps significantly in 2026 and 2027 — both at $74.5 million. The current deal runs through the 2027 season, with Jackson set to become a free agent in 2028 at age 31.
Lamar Jackson’s 2024 Stats
- 4,172 passing yards
- 41 touchdowns, 4 interceptions
- 66.7% completion rate
- 8.8 yards per attempt
- 119.6 QB rating
- 915 rushing yards, 4 rushing touchdowns
Josh Allen’s current contract, which may serve as a model, is a six-year extension worth $330 million, replacing a previous four-year, $129 million agreement. If the Ravens follow a similar path, Jackson could be looking at an extension that pays over $60 million per year and keeps him in Baltimore well into his 30s.
