The Baltimore Ravens have finally agreed to a long-term deal with Lamar Jackson, according to sources.

The quarterback's new deal is for five years and $260 million and makes him the highest-paid player in NFL history -- surpassing the deal Jalen Hurts received last week.

Jackson will receive $185 million in guaranteed money.

The Washington Commanders have decided not to pick up their 2024 option on Chase Young. The option was worth $17.452 million as Young was the second overall pick in the 2020 draft.

Young was Defensive Rookie of the Year, but his ACL injury in 2021 limited him to three games last season.

The Commanders could still re-sign Young even though they're taking a wait and see approach now.

The Cincinnati Bengals have picked up Joe Burrow's fifth-year option.

The transaction comes ahead of the May 2 deadline for teams to exercise such options for the first-round picks in the 2020 class. 

The two sides are engaged in discussions regarding a contract extension for the former No. 1 overall pick.

"This is a mechanical step along the way and we will continue to work with Joe and his representatives to secure his long-term future as a Bengals," the team said in a statement.

Saquon Barkley was not with the New York Giants for the start of their offseason program this week and Joe Schoen said there's been no progress toward a long-term deal with the running back.

The Giants used the franchise tag on Barkley earlier this offseason.

"Where do I stand with the Giants right now? It's like what someone said the other day ...  it's still April," Barkley said. "I haven't had conversations with Joe too much. So the best way I can handle it is to keep working. Whatever happens, happens. There are things I can’t really control right now. All I can control is how I will wake up every morning and stay with my goals and my passion. Even though I may not be with the team right now and not in the building, I don’t think anyone with the Giants is concerned about my work-ethic and my teammates aren't worried about how I’m preparing."

July 17 is the deadline for the Giants and Barkley to work out a longer deal. 

The Atlanta Falcons have released cornerback Casey Hayward with a failed physical designation halfway through the two-year deal he signed last season.

By releasing Hayward, the Falcons are saving $5 million in cap space while incurring a $2 million dead cap hit from his signing bonus.

The Buffalo Bills have signed kicker Tyler Bass to a four-year extension through 2027.

"I'm still going to grind," Bass said during a conference call Friday. "It's just a little bit relieving, you know, you have a little bit of security. But at the end of the day, you still got to work. That's what got me here> That's what I'm going to keep doing as best I can."

The deal is worth up to $21 million with $12.3 million guaranteed.

The Dallas Cowboys picked up their fifth-year option for 2024 on CeeDee Lamb. Lamb will earn a salary of $17.99 million in 2024.

The Cowboys are interested in signing Lamb to a long-term deal.

Last season, Lamb established career highs in receptions (107), yards (1,359) and touchdowns (9) in his first year as the Cowboys' lead receiver after the trade of Amari Cooper to the Cleveland Browns.

Tom Brady was asked on Thursday about the possibility of coming out of retirement to play for the Miami Dolphins. This offseason, Brady retired for the second time in his career.

“I will say now that I’m not affiliated with any team anymore, even though I have strong ties with a couple teams, I do have some friends on the Dolphins that I really like,” Brady said. “So, I wouldn’t say I necessarily root for them all the time, but I root for my friends to do well, and several of them play for Miami.”

The Dolphins have a multi-step plan for acquiring Brady last offseason.

Quinnen Williams did not report for the start of the New York Jets' offseason program.

Williams is entering the final season of his contract and previously said he wouldn't attend voluntary workouts without a new deal.

Williams is due to make $9.6 million this season, the amount of his fifth-year option. 

Drafted third overall in 2019, Williams is coming off a career-high 12 sacks. He made his first Pro Bowl and was selected first-team All-Pro.

Three defensive tackles have received contracts this offseason worth at least $21 million per year.

Jalen Hurts and the Philadelphia Eagles have agreed to a five-year, $255 million extension, which includes $179.304 million in guaranteed money.

Hurts becomes the highest paid player in NFL history. Nicole Lynn of Klutch Sports negotiated the deal for Hurts.

As part of the deal, Hurts has a no-trade clause.

Hurts led the Eagles to a Super Bowl appearance last season and was a second-team All-Pro while finishing second in MVP voting behind Patrick Mahomes.