NFL odds on Lamar Jackson’s next team, including Raiders, Jets, Panthers, Bears

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A major development took place in the Lamar Jackson saga on Tuesday. 

The Baltimore Ravens placed the franchise tag on the 2019 NFL MVP, but it was the non-exclusive tag. Basically, Jackson can test the waters in free agency and sign a deal with another team. 

On the flip side, the Ravens would get the chance to match the contract if the signal caller signs with another team. If Baltimore doesn’t match, they’ll receive two first-round picks. 

So, after nearly a year of failed contract negotiations, Jackson’s potential departure from the Ravens looks as possible as ever. Let’s break it down from a betting perspective with the latest hypothetical odds from FOX Bet.


  • Las Vegas Raiders +200 (bet $10 to win $30 total)
  • Carolina Panthers +350 (bet $10 to win $45 total)
  • New York Jets +500 (bet $10 to win $60 total)
  • Baltimore Ravens +600 (bet $10 to win $70 total)
  • Chicago Bears +750 (bet $10 to win $85 total)
  • Washington Commanders +1250 (bet $10 to win $135 total)
  • Tennessee Titans +1500 (bet $10 to win $160 total)
  • Miami Dolphins +2000 (bet $10 to win $210)
  • Tampa Bay Buccaneers +2500 (bet $10 to win $260)

*Odds as of 3/7/2023

The Ravens are no longer the favorites to be Jackson’s team in 2023 following Tuesday’s news. With Jackson having the non-exclusive tag, FOX Bet trading operations senior manager Dylan Brossman thinks a quarterback-needy team will pounce at the opportunity to acquire him in free agency. 

“The Ravens seem at peace letting Lamar walk out the door in exchange for two first-round picks,” Brossman said. “The Raiders obviously need a new QB after losing Derek Carr, and they have the cap space to afford Jackson.  

“Davante Adams, Josh Jacobs with Jackson would give Josh McDaniels plenty of weapons and few excuses to lead the Raiders back to the playoffs.”

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The next-shortest odds belong to the Panthers, who are in the market for a quarterback after Sam Darnold and others weren’t able to lift a defense that many view as playoff-caliber. They hold the No. 9 overall pick and can either use it to draft a quarterback or as compensation by signing Jackson. 

The Jets remain in the mix as well. They have a young core of promising players but plenty of questions at quarterback after the struggles of former No. 2 overall pick Zach Wilson. Rumors emerged on Tuesday that they were speaking with Aaron Rodgers though, potentially ruling them out as a Jackson destination. 

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Following the Ravens, the Bears stick out with the fifth-best odds to land Jackson. It’s been reported that Chicago will trade the No. 1 overall pick to help rebuild around Justin Fields, but maybe the Bears give up the No. 1 pick to land Jackson instead.

The Commanders, Titans, Dolphins and Buccaneers all have long-shot odds after that. It makes sense, as the Commanders, Titans and Buccaneers all have quarterback questions of their own. Washington already released Carson Wentz, while Sam Howell and Taylor Heinicke have shown flashes but have been inconsistent. Ryan Tannehill helped the Titans reach the playoffs in three of the previous four seasons, but they didn’t have much playoff success when they got there. And then, of course, the Buccaneers have to replace Tom Brady this offseason.  

As for the Dolphins, Tua Tagovailoa has some health concerns surrounding him after he suffered multiple concussions this past season. Jackson has also shown a desire to return to the area he grew up on social media in the past. 

Where will Jackson ultimately end up? Stay tuned to FOX Sports for all the latest on one of the biggest stories of the NFL offseason.

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