Steve Bisciotti: Ravens want Lamar Jackson to sign a contract extension before free agency

Ravens owner Steve Bisciotti aims to finalize a new contract with quarterback Lamar Jackson within two months. Jackson, who has two years left on his contract with significant salary cap hits in 2026 and 2027, is being offered a long-term deal that would lower those cap numbers while securing more guaranteed money. If an extension isn't reached, the Ravens plan to restructure Jackson's contract with void years to manage the cap hit. Bisciotti emphasized the importance of resolving the contract before free agency begins in March, to avoid it impacting their free agent decisions. General Manager Eric DeCosta is working with Jackson on the deal, with Bisciotti expressing confidence in Jackson's willingness to negotiate.