The Baltimore Ravens officially placed the non-exclusive franchise tag on Lamar Jackson, allowing him to negotiate with other teams after the two parties failed to agree on an extension.
Baltimore can still match any offer given to Jackson or receive two first-round picks in return. Nonetheless, this effectively ends long-term contract negotiations as of now.
While social media is rushing to pair the former unanimous MVP with other teams around the league, sportsbooks aren’t so certain the superstar QB will be in a new uniform next year. At the least, current Super Bowl odds indicate Jackson is staying put.
Ravens Super Bowl Odds
Despite the news that Lamar is free to negotiate with other teams, the Ravens’ Super Bowl odds haven’t moved.
This would seem to indicate that sportsbooks believe Lamar is staying put. After all, Tyler Huntley and Anthony Brown are the only other QBs on the roster and neither would make Baltimore even playoff contenders, let alone a threat to win the Super Bowl.
The Ravens haven’t scored more than 19 points in seven consecutive games without Jackson. He’s the heart and soul of Baltimore’s offense, so sportsbooks would certainly adjust the odds if they anticipated him switching teams.
While Ravens fans should keep a close eye on the developments, it’s not time to weep in terror quite yet. There’s still a path to signing Jackson long-term, though it’s narrower now.
As it stands, Baltimore seems likely to move forward next season with Jackson on the franchise tag and reenter negotiations throughout the year.
Game odds refresh periodically and are subject to change.