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Lamar Jackson is now in the final year of his contract with the Baltimore Ravens. Earlier than the 2022 season

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The two sides have discussed an extension on multiple occasions. All of their efforts, sadly, were in vain.

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The multi-talented star Lamar Jackson is rumoured to have chosen the Baltimore Ravens' most recent contract offer.

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He declines and ends the conversation for the time being. In the 2023 offseason, it's expected that these debates will take up again.

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Jackson may potentially receive the franchise tag from the Ravens for the 2023 season as well. The AFC North team would then have additional time to decide.

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Lamar Jackson took the decision to turn down the Ravens' offer in favour of staking his own bet. Now, his season's earnings will total $23 million.

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and after this one, it's expected that he'll get a franchise tag "ESPN's Adam Schefter stated.

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It is notable that Lamar Jackson does not have an agent. Due to practise schedules, Jackson has less time to negotiate, which makes the process more challenging.