The Ravens and Lamar Jackson were unable to come to terms on a long-term contract extension ahead of the NFL's franchise tag deadline. Without a new deal agreed upon, Baltimore opted to place the non-exclusive franchise tag on their star quarterback on Tuesday.
As a result, Jackson will be able to negotiate with other teams on a potential long-term deal, though the Ravens will retain the right to match any offer sheet put forth.
Executive Vice President and GM Eric DeCosta released a statement regarding the organization’s decision to place the franchise tag on the former MVP, indicating they still intend to work out a long-term deal with Jackson.
