Lamar Jackson's no-trade clause and the Ravens' clear preference for a contract extension underpin the 97% implied probability against a trade before next season. The two-time MVP remains under the final two years of his 2023 deal, with a sizable 2026 cap hit that Baltimore has addressed through internal restructuring discussions rather than roster upheaval. Recent reporting from league insiders confirms ongoing extension talks, with the team signaling it wants to retain its franchise quarterback amid stable roster continuity and no reported friction or performance-related issues. While Jackson has previously requested a trade during stalled negotiations, current developments point to mutual interest in a long-term resolution. Realistic shifts could still arise from a complete breakdown in talks, a late-season injury altering team plans, or an unexpected request from the quarterback himself.