Lamar Jackson Restructures Contract to Create $40M in Cap Space

Lamar Jackson and the Baltimore Ravens have agreed to a contract restructure that generates nearly $40 million in 2026 cap space. The move reduces Jackson's 2026 cap hit from $74.5 million to $34.54 million, providing the team with the financial flexibility to sign edge rusher Trey Hendrickson. Jackson enters the 2026 season under new head coach Jesse Minter as the team continues to evaluate long-term extension possibilities.