set Week 1 as a deadline for his latest round of extension talks with the Ravens. If that is certainly a tough deadline, the Ravens are working out of time to keep away from this example dragging to a 2023 franchise tag.
The staff is believed to have elevated its provide to Jackson, Josina Anderson of CBS Sports tweets. Baltimore is not going to do a totally assured deal, regardless of Cleveland’s Deshaun Watson settlement, Anderson provides. This has lengthy been the expectation, despite the fact that Jackson has been connected to seeking a contract containing greater than the whopping $230M assured the Browns gave Watson.
Since Watson’s March extension settlement, the Broncos and Cardinals prolonged their passers on offers value extra — by way of common annual worth — than Watson’s $46M, however neither Russell Wilson nor Kyler Murray secured near the assured cash Watson did. Teams are treating that Browns contract like an outlier, one dictated by distinctive circumstances. If the Ravens are going to signal Jackson this week, they are going to seemingly be compelled to authorize an extension that features greater than the $124M fully guaranteed Wilson received — in all probability much more.
The Ravens have been negotiating with Jackson for the reason that 2021 offseason when he first grew to become eligible for a brand new deal. Those 2021 talks are believed to have included an offer worth more than
Josh Allen‘s $43M-per-year accord. This year, the team has been connected to an offer that exceeds Murray’s $46.1M AAV. Nothing has come out concerning ensures, although a Jackson tweet revealed the staff’s anticipated reluctance to supply a totally assured contract.
Jackson, 25, continues to function with out an agent. That has sophisticated this prolonged course of. The former MVP negotiated in-season with the Ravens in 2021. If he’s really ready to close down talks this yr, the subsequent few days signify a pivotal stretch.
The former Heisman winner might proceed to guess on himself, taking the danger of both an harm or a decline in play — Jackson’s QBR figures have fallen from first (2019) to eighth (2020) to seventeenth (’21) — dropping his worth. Another solely believable state of affairs exists by which Jackson’s value rises once more in 2022. The wage cap will proceed to climb, and the specter of an unique 2023 tag placing upward of $40M on Baltimore’s cap sheet — which might hinder the staff in free company — would apply extra strain on the group.
Dak Prescott‘s season-ending ankle injury did not limit him in his 2021 negotiations with the Cowboys, which involved the threat of a second tag clogging Dallas’ payroll. The Ravens even have a historical past of a quarterback betting on himself and profitable. Joe Flacco didn’t signal a Ravens extension in 2012, occurring to place collectively a robust playoff run that led the staff to its second Super Bowl championship. The Ravens made Flacco the league’s first $20M-AAV participant — by way of a six-year, $120.6M deal — earlier than free company in 2013. Times have modified on the QB market, with Aaron Rodgers — who topped Flacco’s deal quickly after it was agreed to 9 years in the past — topping the present market at $50.3M per yr.
Flacco’s Baltimore successor stays tied to his $23M fifth-year choice wage. Jackson’s age, significance to the Ravens and the cap’s renewed development increase the stakes for the staff. The run-oriented QB becoming a member of Rodgers within the $50M-per-year membership shouldn’t be dominated out. Will the staff go there this week?