Lamar Jackson remains under contract with the Baltimore Ravens through the 2027 season following a March 2026 restructure that created an $84 million-plus cap charge for the final year, while his no-trade clause grants him veto power over any potential deal. Jackson has repeatedly expressed his desire to stay in Baltimore, and general manager Eric DeCosta has voiced ongoing optimism for an extension that could make the two-time MVP the league’s highest-paid quarterback. Recent training camp reports highlight his engagement with the new offensive staff and a productive offseason, with no indications of roster upheaval or active trade discussions. Speculative scenarios involving a disappointing 2026 campaign and stalled talks next spring remain long shots, as any trade would still require Jackson’s consent and substantial draft compensation from an acquiring team.