Jackson reported to training camp on Wednesday, the team announced on Twitter.
— Baltimore Ravens (@Ravens) July 21, 2022
Previously, Jackson had said he ideally would like to have a deal done before camp begins.
“Hopefully,” Jackson said via USA Today’s Safid Deen. “I’m not going to say ‘yeah’ right now. Hopefully. But it’s God’s timing.”
There’s been little in the way of updates on the status of negotiations, but Jackson did confirm he is in talks with the Ravens, which was not known for sure earlier this offseason.
Jackson doesn’t have an agent and represents himself in an extremely close circle, so there’s little info from his camp. That’s led to some speculation about why these negotiations are playing out differently, with a theory circulating that Jackson is trying to play out his option and two franchise tags before hitting free agency in 2025.
The Ravens also are generally tight-lipped, but in all their public comments express zero doubt that an extension for Jackson is their preferred outcome.
“I’d love something (to) get done,” Ravens HC John Harbaugh said. “I think he’s planning on something being done. We’re planning on something being done at some point in time. The way the rules work right now, it doesn’t have to be a huge priority. I’m confident it’s going to happen. Of course, until it happens, it hasn’t happened. I’m confident it’s going to happen. I know he’s going to be our quarterback. Really, when you’re coaching and you’re playing, that’s what you think about. We know we’re going to be playing this year, and Lamar is going to be our quarterback. I got to do the very best job I can to have him ready to play his best football. That’s really what my job is.”
Chiefs QB Patrick Mahomes ($45 million a year) and Bills QB Josh Allen ($43 million a year) are some potential comparisons for what Jackson could receive on an extension, and since then the market has moved even further with Packers QB Aaron Rodgers signing for $50 million a year and the Browns giving QB Deshaun Watson $46 million a year on a fully guaranteed five-year deal.
Jackson, 25, is a former first-round pick of the Ravens back in 2018. He just finished the fourth year of his four-year, $9,471,652 contract that included a $5,968,472 signing bonus.
The Ravens picked up Jackson’s fifth-year option that will cost them $23 million fully guaranteed for the 2022 season, but won’t prevent them from working on an extension.
In 2021, Jackson appeared in 12 games for the Ravens and completed 64.4 percent of his passes for 2,882 yards, 16 touchdowns, and 13 interceptions. He also rushed for 767 yards and two touchdowns.
We’ll have more on Jackson as the news is available.