Baltimore Ravens quarterback Lamar Jackson has been issued the franchise tag by the team, sources confirmed on Tuesday. The announcement comes after weeks of negotiations between the two sides, with sources saying that talks will continue up to the tag deadline.

The Ravens’ decision to use the franchise tag on Jackson means that he will be under contract with the team for the 2021 season, although negotiations on a long-term deal can still occur. Jackson, the 2019 NFL MVP, led the Ravens to the playoffs in each of his first three seasons with the team.

According to ESPN, the Raiders are front-runners to acquire San Francisco 49ers quarterback Jimmy Garoppolo, leaving the Ravens as the clear frontrunner for Jackson’s services. However, a recent report suggests that the Atlanta Falcons might also have an interest in acquiring Jackson.

Despite the potential interest from other teams, the Ravens are expected to do everything in their power to keep Jackson in Baltimore. Speaking to BaltimoreRavens.com, pundits discussed the franchise tag debates and the Falcons’ potential interest in Jackson, with most agreeing that the Ravens should do everything they can to keep him in purple and black.

Jackson, who turned 24 on Tuesday, is considered one of the most dynamic quarterbacks in the league, with his speed, elusiveness and arm strength making him a threat both in the pass and run game. The Ravens will now look to build around him as they aim to compete for a Super Bowl in the upcoming season.