Baltimore Ravens quarterback Lamar Jackson remains under contract through 2027 after the team restructured his deal in March 2026, slashing his 2026 cap figure from $74.5 million to roughly $34.5 million while shifting a larger burden to 2027. General manager Eric DeCosta has publicly expressed optimism about finalizing a long-term extension before training camp, citing Jackson’s deep roots in Baltimore and the organization’s desire to preserve its window with the two-time MVP. Although agent speculation has surfaced about a potential trade demand if talks stall, Jackson’s no-trade clause and limited realistic suitors due to the massive salary make a deal before the 2026 season unlikely. Trader sentiment reflected in the current implied probability therefore aligns with the Ravens’ ongoing commitment to retaining their franchise signal-caller amid these financial and roster-building priorities.