Context:

Lamar Jackson, the Baltimore Ravens' star quarterback, is on the brink of another lucrative contract extension as his current deal, valued at $260 million over five years, runs through 2027. The Ravens are motivated to finalize this extension before the season starts to manage the future cap hit that rises to $74.5 million in 2026. Despite not having a Super Bowl win, Jackson has achieved nearly all an NFL quarterback can and is expected to secure a contract with an average annual value potentially surpassing Dak Prescott's record $60 million. The Ravens have assembled a strong roster that aims for a significant postseason run, enhancing the urgency to secure Jackson's leadership. This extension could help the team strategically redistribute funds to maintain financial flexibility and competitiveness in the league.

Dive Deeper:

• Lamar Jackson is expected to receive a massive contract extension as his current five-year, $260 million deal will see a significant cap hit increase to $74.5 million in 2026, motivating the Baltimore Ravens to renegotiate terms promptly.

• The Ravens aim to finalize Jackson's contract extension before the upcoming season to manage future salary cap implications, ensuring they can allocate resources effectively while maintaining a competitive team roster.

• Jackson, who has accomplished nearly everything an NFL quarterback can except for a Super Bowl victory, is poised to potentially surpass Dak Prescott's record average annual salary of $60 million with his new deal.

• The Baltimore Ravens have built a competitive team this season, aiming for a deep postseason run, which adds urgency to securing Jackson's contract extension to solidify their leadership on the field.

• Negotiating Jackson's contract extension not only addresses the looming 2026 cap issue but also allows the Ravens to strategically plan their financial commitments to sustain long-term success and competitiveness in the NFL.

• Lamar Jackson is looking at yet another massive payday.

• The Baltimore Ravens' superstar quarterback has earned every penny he's made in his NFL career, and there will be many more to come.

• The Athletic's Jeff Zrebiec wrote Monday that there's a desired timeline for the Ravens to get Jackson's next contract extension done.

• The main reason, Zrebiec writes, is that Jackson's cap number rises to $74.5 million in 2026.

• "The Ravens would love to reach an agreement on an extension with Jackson before the start of this season," Zrebiec writes.

• The two-time MVP is currently playing under a five-year, $260 million deal.

• MORE: Browns' Shedeur Sanders has already shown he belongs as an NFL QB

• Jackson's current deal runs through 2027, but if the Ravens sign him to an extension, they can reallocate some of the money to avoid too massive a cap hit.

• Jackson, entering his age-28 season, has done pretty much everything an NFL quarterback can do besides win a Super Bowl.

• Baltimore has put together another competitive roster that should have a chance at a deep postseason run.

• Regardless, Jackson will likely get paid, and it may very well come before this season begins.

• If he does, don't be surprised to see an average annual value higher than Dak Prescott's record $60 million per year.

• MORE NFL NEWS:

• • Giants' Jaxson Dart has a concerning habit
  • Buccaneers' Desmond Watson reveals feelings on being heaviest player in NFL history
  • Patriots rookie Efton Chism III could be Pats' next undrafted gem
  • The contract reason that Shemar Stewart sat out rookie minicamp
  • Cam Ward sets big goal for NFL career
  • Jets brothers trying to make history not seen since Dayton Triangles, Duluth Eskimos