Lamar Jackson won his second MVP in February 2024. Sixteen months later, the Baltimore Ravens restructured his contract because they had no other choice. Not because he’s washed. Not because he got hurt. Because the math on the deal he negotiated himself — $260 million, no agent, no intermediary — finally caught up with an organization that chose him over an 18-year head coach and still couldn’t get him to sign a new one. Jackson’s 2027 cap number now sits at $84.49 million. Run the maximum void-year options, and NBC Sports puts it at $86.98 million, the third-highest cap hit in the entire NFL.
The Restructure Is the Confession