Jump to content
ExtremeRavens: The Sanctuary

Recommended Posts

Posted

Schefter reporting that Ravens tried to get both Trey and Maxx Crosby.  That would have been crazy

Posted

From NBC

When Ravens owner Steve Bisciotti met with reporters following the firing of coach John Harbaugh in January, Bisciotti said the Ravens hoped to have a new contract in place with quarterback Lamar Jackson before the start of free agency. Bisciotti added that, if a new deal wasn’t done by then, they’d restructure the existing deal.

They have.

It’s not a renegotiation or an extension or anything other than a movement of money for cap purposes. Jackson was due to enter 2026 with a cap number of $74.5 million. The contract Jackson signed three years ago gave the Ravens the unilateral ability to convert a portion of his salary into a signing bonus.

He was due to receive a base salary of $51.25 million in 2026. If they reduced his base salary all the way to the minimum of $1.3 million, he received $49.95 million as a signing bonus. With two void years (2028 and 2029), the restructuring would have prorated the $49.95 million over four years.

A maximum restructuring, then, would have resulted in $12.4875 million applying to the cap this year, with $37.4625 million applying to 2027, 2028, 2029

If the Ravens hadn’t reserved the right to automatically restructure, Jackson would have had significant leverage. He could have declined to do a “simple restructuring,” even if it wouldn’t have cost him a penny. That would have forced the Ravens to extend his deal or to trade him.

Assuming a maximum restructuring, the Ravens created $37.4625 million in 2026 cap space, reducing his cap number from $74.5 million to $37 million.

Of course, the restructuring comes with a consequence. Assuming a maximum restructuring of his 2026 pay, Jackson’s cap number for 2027 moves from $74.5 million to $86.98 million.

Absent a new deal, the Ravens can restructure again in 2027, pushing a chunk of Jackson’s $51.25 million base salary for next year into 2028 and 2029. Another maximum conversion of $49.95 million, spread over three years (2027 and the two void years), would create $33.3 million in 2027 cap space, reducing his cap number to $53.68 million.

Posted

From CBS

Baltimore Ravens quarterback Lamar Jackson has agreed to restructure his contract to free salary cap space for the team, according to multiple sources.

The restructuring took place on Tuesday, according to CBS News Sports. The move reportedly frees up $40 million of cap space for the Ravens. 

According to the Banner, the Ravens were hoping to sign Jackson to a contract extension that would have lowered his 2027 cap. 

"We want another window, and Lamar knows that. I think that he's amenable to doing something that mirrors the last deal he did," Ravens' Owner Steve Bisciotti told the Banner. 

Posted
4 hours ago, GrubberRaven said:

We didn't even exist though...wtf...

But I said Eric.  Eric has not been the gm the length of the franchise.  You chose to add in Ozzie yrs who did get contracts done early.  So since you chose to take my statement out of context and add in other yrs why can’t I look before Jerry?

Posted
2 hours ago, tsylvester said:

Shefty has to be full of it, no way any team could afford to pay two edge rushers $100 mil

I heard Trey said he had expected and hoped to play with maxx.  So the idea was out there.

Posted
1 hour ago, tsylvester said:

From CBS

Baltimore Ravens quarterback Lamar Jackson has agreed to restructure his contract to free salary cap space for the team, according to multiple sources.

The restructuring took place on Tuesday, according to CBS News Sports. The move reportedly frees up $40 million of cap space for the Ravens. 

According to the Banner, the Ravens were hoping to sign Jackson to a contract extension that would have lowered his 2027 cap. 

"We want another window, and Lamar knows that. I think that he's amenable to doing something that mirrors the last deal he did," Ravens' Owner Steve Bisciotti told the Banner. 

So, essentially, Lamar didn't really do anything to help open up cap space as it was already in his contract to begin with. What it does indicate, however, is that after 2027 Lamar will probably become a free agent. That's OK with me as long as we prepare for it by drafting/trading/free agent signing a new quarterback. 

Posted

Kolar replaced, from the Ravens website

Ravens have agreed to terms with free agent TE Durham Smythe, sources say.
He'll likely be the Charlie Kolar replacement and fill the blocking tight end role in Baltimore.
Smythe, who has 136 career catches, was also with new Ravens OC Declan Doyle in Chicago last year.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...