On March 7, the Baltimore Ravens placed the nonexclusive franchise tag on Lamar Jackson. In doing so, they opened up for business. After struggling to come to terms on an extension with their star quarterback over the past two offseasons, they signaled their intention to play chicken with the league's other 31 teams.
Any of those teams can sign Jackson to an offer sheet, which the Ravens would then have five days to match. If they match, they keep their quarterback on the terms of that deal. If they decline, the other team has to send two first-round picks to Baltimore in return, with one coming in 2023 and the other in 2024.