The Baltimore Ravens are headed toward placing the franchise tag on quarterback Lamar Jackson if no long-term deal can be reached by Tuesday’s deadline, NFL Network Insider Tom Pelissero reported Monday morning, per sources
Pelissero reported that Ravens general manager Eric DeCosta recently met with Jackson in his hometown of Miami in hopes of working towards a deal. However, after more than a year of negotiations it appears that the situation appears to be headed towards a franchise tag, Pelissero added.
NFL Network Insiders Ian Rapoport, Mike Garafolo and Pelissero reported in February that Baltimore would tag Jackson if there was no deal reached.
If Baltimore and Jackson can’t reach a long-term deal by Tuesday, the Ravens can either place the non-exclusive franchise tag or the exclusive franchise tag.
The exclusive tag, last used in 2021 by the Cowboys on Dak Prescott, ensures Jackson cannot negotiate with any other teams in free agency, and it will cost the Ravens around $45 million in 2023 — the average of the top-five prior year salaries at QB at the conclusion of this offseason’s restricted free agent signing period on April 21. However, if Baltimore decides to use the non-exclusive tag it will cost the team $32.4 million in 2023, and both sides will have until July 17 to reach a long-term deal.
In the 2019 season, Jackson won the AP MVP award throwing for 3,127 passing yards, 36 touchdowns and six interceptions. Jackson also rushed for 1,206 yards on the ground and scored seven times.
Last season, Jackson played in 12 games and lead Baltimore with an 8-4 record in games he started. Jackson went on to miss the final games of the season due to a knee injury. Baltimore went on to loss in the Super Wild Card Round to the Cincinnati Bengals.
After the 2022 season, Baltimore parted ways with long time offensive coordinator Greg Roman. A couple weeks later, the Ravens hired Todd Monken as their new offensive coordinator.
Head coach John Harbaugh said that Monken’s track record with the Georgia Bulldogs will help the team compete for championships in the near future.
“(Monken) has a proven track record for designing and teaching offensive systems that allow players to succeed at the highest level,” Harbaugh said. “We’re excited to get to work and begin building an offense that will help us compete for championships.”
With Tuesday near, Baltimore will have to decide on which tag it will use on Jackson if no long-term deal can be agreed on.
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