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.