The Baltimore Ravens applied the franchise tag to quarterback Lamar Jackson, the team announced Tuesday.
The tender is the non-exclusive franchise tag, ESPN’s Adam Schefter reports. The non-exclusive quarterback tag is worth $32.4 million.
The non-exclusive tag allows other clubs to negotiate with Jackson, but Baltimore can match another team’s offer to retain his services. If the Ravens don’t match the offer, they’ll receive two first-round picks from the club Jackson joins.
The #Ravens have officially franchised tagged QB Lamar Jackson, giving him the non-exclusive tag. pic.twitter.com/MXzOHvJbWI
— Ian Rapoport (@RapSheet) March 7, 2023
We have used the franchise tag on quarterback Lamar Jackson. pic.twitter.com/AHrqyCgcAI
— Baltimore Ravens (@Ravens) March 7, 2023
