Lamar Jackson remains under contract with the Baltimore Ravens through 2027 following multiple restructures that eased the 2026 salary cap burden while preserving his no-trade clause. Recent offseason reporting highlights mutual interest in a long-term extension, with Jackson publicly stating his preference to stay in Baltimore under the new coaching staff and the team prioritizing roster continuity around their two-time MVP quarterback. These developments, combined with the absence of any active trade discussions or performance-related friction, underpin the 96.9% implied probability that no deal occurs by next season. A shift would require Jackson to request a move or reject further negotiations, both considered low-probability outcomes given current alignment.