The New England Patriots will not pursue a trade for Lamar Jackson, a source told Jeff Howe of The Athletic. 

The Baltimore Ravens placed the $32.4 million franchise tag on Jackson.

If the Patriots signed Jackson to an offer sheet, they would ship their next two first-round draft picks to Baltimore if the Ravens didn’t match the terms. The Patriots would also have to sign Jackson to a long-term contract. Jackson is seeking a fully guaranteed deal.

New England will start Mac Jones at quarterback in 2023, but Bailey Zappe will push Jones.

At the very least, the Indianapolis Colts will consider trading for Lamar Jackson.

Jackson revealed on Monday that he requested a trade from the Baltimore Ravens earlier this month.

Chris Ballard confirmed the team's interest in the quarterback at the NFL's annual league meeting, saying that Indianapolis has to consider all options to fix the position, which has been in flux since Andrew Luck's retirement in 2019.

Jackson was given the nonexclusive franchise tag by the Ravens but is free to negotiate with other teams.

"Anytime a special player is available, which he is, you've got to do the work," Ballard said. "I'm not going to get into deep discussions on where it's at or what we're doing or what we might do. But what I'll tell you is he's a really good player, really special player. But you never know how any of this will work out."

Lamar Jackson has announced he requested a trade from the Baltimore Ravens on March 2nd.

On March 7, the Ravens placed the nonexclusive franchise tag on Jackson after the sides were unable to reach a new deal after 25 months of negotiations. Jackson can negotiate with other teams and if he signs an offer sheet, the Ravens will have five days to match, or they will receive two first round picks as compensation. 

A letter to my Fans

I want to first thank you all for all of the love and support you consistently show towards me. All of you are amazing and I appreciate y’all so much. I want you all to know not to believe everything you read about me. Let me personally answer your questions

— Lamar Jackson (@Lj_era8) March 27, 2023

The Baltimore Ravens have agreed to terms with Nelson Agholor on a one-year, $3.25 million deal, according to sources.

The deal could be worth as much as $6.25 million through incentives.

Agholor, who turns 30 in May, spent the last two seasons with the New England Patriots.

The NFL distributed a league-wide memo on Thursday that added drama to the Lamar Jackson saga.

The league sent a memo to all teams notifying them that a person not certified by the NFLPA might be attempting to persuade club personnel to enter into negotiations with Jackson, the Baltimore Ravens quarterback who received the nonexclusive franchise tag.

Under league rules, teams can speak only with Jackson because he doesn't have an agent.

Ozzie Newsome has acknowledged that the Baltimore Ravens see Deshaun Watson's contract as a stumbling block to getting things done with Lamar Jackson.

Newsome, who was the Ravens' general manager for 17 years before stepping back to the Executive V.P. role in 2019, said on the Bernie Kosar Show that Ravens owner Steve Bisciotti views the Watson contract with the Cleveland Browns as a problem.

"Every club has to do what they have to do with contracts," Newsome said. "I don't worry about what other people do, but our owner did say that contract did create some problems. We have to figure out if that's going to be the norm or is that an outlier. We don't know."

Bisciotti and other NFL owners don't want to see Watson's contract become the norm, and the NFL Players Association has accused the owners of colluding to prevent fully guaranteed contracts from becoming the norm.

The Indianapolis Colts haven't ruled out having discussions with Lamar Jackson, according to a source.

However, the team has not taken any substantive steps regarding Jackson and it is unclear whether it intends to do so. 

"When you're changing quarterbacks every year, it's tough," Chris Ballard admitted after last season. "It's tough on everybody."

With Lamar Jackson and the Baltimore Ravens still at a stalemate, a representative for the quarterback has begun contacting teams in an effort to create a possible landing spot, according to a report.

The representative, who isn't believed to be certified by the NFLPA, is telling teams that Jackson is ready to move on from the Ravens.

Jackson is reportedly seeking a non-guaranteed contract worth at least $200 million.

Since they placed the non-exclusive franchise tag on him, the Ravens can match any offer and would receive two first-round picks if they decide not to match. 

Lamar Jackson is now a free agent, of sorts, now that the new NFL league year has begun.

As a player subject to the non-exclusive franchise tag, Jackson can speak to any teams that possess their original first-round picks for 2023 and 2024. 

Jackson can go to one of those teams, negotiate and sign an offer sheet with one of them, giving the Baltimore Ravens five business days to match.

If the Ravens don't match, the new team surrenders the 2023 and 2024 first-round picks to Baltimore and gets Jackson.

Lamar Jackson has broken the silence regarding his contract talks with the Baltimore Ravens.

In response to a tweet about a reported contract offer, Jackson insinuated that he turned down a three-year, $133 million fully guaranteed contract.

Jackson added: "People throw (poop emoji) at the wall and hope it stick."

NFL Network Insider Mike Garafolo reported that, based on his understanding, the $133 million fully guaranteed was part of a more extensive five-year offer, meaning there were other non-guaranteed years on top.