Ravens Restructure Lamar Jackson's Contract, Free Up $40M

The move creates significant salary cap space for the 2026 season.

Published on Mar. 11, 2026

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The Baltimore Ravens have reworked the contract of star quarterback Lamar Jackson, creating around $40 million in salary cap space for the 2026 season, according to reports from NFL insiders Adam Schefter and Aditi Kinkhabwala. This restructuring is similar to moves made by other top quarterbacks like Patrick Mahomes and Josh Allen this offseason.

Why it matters

The extra cap space will give the Ravens more flexibility to sign free agents and make other roster moves as they look to build a contending team around Jackson. This comes after the team signed defensive end Trey Hendrickson to a 4-year deal and reportedly backed out of a trade for Raiders pass rusher Maxx Crosby.

The details

The contract restructure with Lamar Jackson is designed to create roughly $40 million in salary cap space for the Ravens in the 2026 season. This is similar to the moves made by other star quarterbacks like Patrick Mahomes and Josh Allen to free up cap room for their teams this offseason.

  • The Ravens reworked Lamar Jackson's contract on March 11, 2026.

The players

Lamar Jackson

The star quarterback for the Baltimore Ravens.

Patrick Mahomes

The star quarterback for the Kansas City Chiefs.

Josh Allen

The star quarterback for the Buffalo Bills.

Trey Hendrickson

The defensive end who recently signed a 4-year contract with the Ravens.

Maxx Crosby

The pass rusher for the Las Vegas Raiders that the Ravens reportedly backed out of trading for.

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What they’re saying

“The Ravens have reworked the contract of Lamar Jackson, as @AKinkhabwala also reported. Sources say the restructure with Jackson creates about $40 million in salary cap space for the 2026 season. It's similar to what Patrick Mahomes and Josh Allen have done this offseason for their…”

— Adam Schefter (Twitter)

What’s next

The Ravens will now have significant cap space to work with as they look to build their roster for the 2026 season and beyond.

The takeaway

The Ravens' decision to restructure Lamar Jackson's contract and free up $40 million in cap space demonstrates their commitment to building a championship-caliber team around their star quarterback. This move gives them more flexibility to add talent and keep their core players together as they aim to contend for a Super Bowl.