The Ravens' March 2026 contract restructure, which freed nearly $40 million in cap space while preserving Lamar Jackson through 2027, anchors trader consensus at a 96.5% implied probability against a trade. Ongoing extension discussions, Baltimore's view of the two-time MVP as the long-term centerpiece alongside additions like Derrick Henry, and Jackson's recent return to health have eliminated near-term uncertainty. Historical patterns show the franchise rarely moves star quarterbacks mid-window, and no fresh reports indicate friction. A late injury, stalled talks pushing into 2027, or unexpected front-office shift remain the narrow paths that could still alter the outcome before the next season.