The Baltimore Ravens "would love" to sign Lamar Jackson to a new contract before the start of the 2025 season, according to The Athletic's Jeff Zrebiec. Jackson is currently set to play under a $43.5 million cap hit in 2025 before his annual cost increases to $74.5 million over the final two years of his current deal, according to Over the Cap.

At the NFL Owners meeting in March, head coach John Harbaugh revealed that the Ravens have discussed a new extension for Jackson

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.