The deadline for NFL teams to assign the exclusive or non-exclusive franchise tag to impending unrestricted free agents is Tuesday, March 7, 2023. According to ESPN NFL Inside Jeremy Fowler, the Baltimore Ravens “have strongly considered using the non-exclusive franchise tag” on quarterback Lamar Jackson.

Update: Several people around the NFL believe that the #Ravens have strongly considered using the non-exclusive tag on QB Lamar Jackson, per @JFowlerESPN

That would allow teams to offer Jackson a contract that Ravens can either match or decline in exchange for two 1st-rounders.

— Dov Kleiman (@NFL_DovKleiman) March 5, 2023

Unlike the exclusive tag, the nonexclusive designation would allow other interested teams to offer the former unanimous league MVP a contract that the Ravens could either choose to match or decline and receive two first-round picks in exchange.

Jackson is reportedly been seeking a fully guaranteed that eclipses the record-setting deal that the Cleveland Browns gave to Deshaun Watson after acquiring him via trade last offseason. Per Josina Anderson of CBS Sports, the two sides are “still not close to getting a deal done” and the Ravens have their “best offer on the table” that is still “pending feedback” from Jackson’s camp.

The #Ravens remain “hopeful” to get a contract done with Lamar Jackson before the tag deadline, yet I’m told a deal is still “not close” amidst the wait for a counter to the latest proposal.

Our @CBSSportsHQ latest update:

— JosinaAnderson (@JosinaAnderson) March 3, 2023

Risky Gamble Could Payoff or Backfire

Applying the nonexclusive tag worth $32.4 million on Jackson would be roughly $12.8 million cheaper than the exclusive designation that comes with a one-year cap hit of $45.2 million if a long-term deal isn’t struck by the July 15th negotiating deadline.

It would mean they wouldn’t need to clear up that much more additional cap space than their projected $25.9 million per in order to fit him under the cap and have room to make a move or two in free agency as well as sign their 2023 draft class.

However, by doing so they would risk losing Jackson altogether because there are several quarterback-needy teams with the requisite draft capital and plenty of cap space to outbid the Ravens for his services in 2023 and beyond.

If the bidding war that resulted in Watson …read more



Ravens Considering Risky Franchise Tag Move With Lamar Jackson: Report

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