Lamar Jackson, Baltimore Ravens
Lamar Jackson #8 of the Baltimore Ravens looks on from the sidelines during the second half against the Tennessee Titans at M&T Bank Stadium on August 11, 2022 in Baltimore, Maryland. Scott Taetsch/Getty Images

KEY POINTS

  • Lamar Jackson is set to receive a big extension this offseason
  • An insider info bares that it will overshadow Kyler Murray's extension
  • The Ravens have been working hard to get a deal done

The NFL season is set to begin in a few weeks as teams are deeply entrenched in their preparations for it during the current run of preseason games.

For Baltimore Ravens fans, Week 1 also serves as the final day for 2019 unanimous NFL MVP Lamar Jackson to get a deal done on his extension.

Jackson revealed during his press conference last Saturday, August 13 that both sides need to come to terms quickly before the Ravens go on their potential Super Bowl run.

That reality may come sooner than expected as NFL insider Ian Rapoport revealed on the latest episode of The Pat McAfee Show that Jackson's payday is expected to overshadow other quarterbacks.

"I would imagine the Kyler Murray deal would be the floor. From what I understand, the Ravens, as they should, are willing to go more than that," Rapoport said.

The Arizona Cardinals play caller signed a five-year, $230.5 million extension this offseason that will take effect in 2024 and included a $29 million signing bonus with $160 million of the total amount being guaranteed.

Ravens fans have never been shy about showing their love for Jackson and the Louisville product has embraced them fully, even taking his time to sign autographs and take pictures with both the fans and teammates' families after their live stadium practice.

Jackson telling the media that his hard deadline for a deal is on Week 1 only goes to show that he does not want any distractions going into the season, and the Ravens are poised to send him an offer that will surpass Murray's newly-signed extension.

The Ravens have retooled their roster mainly through the draft and have the benefit of players coming back from the physically unable to perform (PUP) list, most recently cornerback and four-time All-Pro Marcus Peters.

Extension negotiations may have taken a long time since Jackson is representing himself in those talks, but there is no doubt that both sides are taking their time to come together on a deal that will satisfy both Jackson and the Ravens' cap space moving forward.

Much like in world affairs, professional sports contract negotiations almost always come to the notion of "money talks" and the Ravens are in position to hand Jackson an extension that is deserving of a unanimous NFL MVP.

Lamar Jackson Baltimore Ravens
Quarterback Lamar Jackson #8 of the Baltimore Ravens rolls out to pass against the Kansas City Chiefs in the second half at M&T Bank Stadium on September 28, 2020 in Baltimore, Maryland. Rob Carr/Getty Images