Lamar Jackson and the Baltimore Ravens were unable to come to an agreement on a contract extension by the quarterback's self-imposed Friday deadline, which means the former NFL MVP will play this season under his fifth-year option.
"Despite best efforts on both sides, we were unable to reach a contract extension with Lamar Jackson," Ravens general manager Eric DeCosta said in a statement. "We greatly appreciate how he has handled this process and we are excited about our team with Lamar leading the way. We will continue to work towards a long-term contract after the season, but for now we are looking forward to a successful 2022 campaign.