Dynasty Fantasy Football Free Agency Preview 2026: Baltimore Ravens

When a major change is needed in the NFL, there are only three heads that can roll. The general manager, the coach, or the quarterback. In the Ravens case, it was head coach John Harbaugh who took the fall, while GM Eric DeCosta, QB Lamar Jackson, and new head coach Jesse Minter will try to gear up and go forth.

And that’s what we’re doing today with this article. We’re going through the weapons roster, contracts, and cap space to flesh out a depth chart. With that, we can speculate on what kind of moves they might be looking to make in free agency. If there is a fantasy football spin to mention for your dynasty leagues, we’ll mention it. 

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*The salary cap numbers referenced in this article come courtesy of our friends over at Spotrac.com*

Baltimore Ravens Depth Chart 2026 (Fantasy Football Relevant)

KEY

• White = free agent
• Green = role is safe
• Yellow =  role in flux
• Orange = likely a depth piece
• Red = roster spot not guaranteed

Baltimore Ravens Free Agency 2026

• CURRENT PROJECTED 2026 SALARIES: $290M
• CURRENT ESTIMATED 2026 CAP SPACE: $23M

Free Agent Types

Unrestricted free agent: Any player with four or more accrued seasons whose contract has expired. They are free to negotiate with any team.

Restricted free agent: A player with three accrued seasons and an expired contract. The CBA allowed for NFL teams to tender these players to one-year qualifying offers to retain them. Another team can sign them, but would need to provide the tendering team with compensation. In layman’s terms, if a new team signs a player, the current team can match it, or they receive the corresponding pick from the new team. These are the projected RFA tender levels per OverTheCap.com:

• 1st Round - $7,893,000
• 2nd Round - $5,658,000
• Right of First Refusal - $3,453,000

Exclusive rights free agent: Any player with fewer than three accrued seasons and an expired contract. If his original team offers him a one-year contract at the league minimum, the player cannot negotiate with other teams. If the team wants the player back, these contracts are a no-brainer, as the player either needs to play on the contract or sit out. 

Ravens Quarterback Depth Chart

Lamar Jackson

Lamar Jackson has been both an MVP candidate and a top fantasy football quarterback in any given year. And he’s locked in atop the Ravens depth chart with no questions of whether he’s going to start in 2026. He’s also under contract for 2027, where they’ll need to decide on a new deal - or new direction.

In fantasy football, it’s a little more complicated. So far, there have only been three quarterbacks in NFL history to run the football over 100 times at age 28 or older. Michael Vick, Cam Newton, and Josh Allen. Lamar Jackson just failed to join the club. We absolutely believe he CAN continue to run at a high level. But, after an injury-plagued season, the question is whether he should. And those are the questions you need to ask yourself eventually in your dynasty league. We often have to treat true rushing QBs like we do running backs. At least at QB, they have the chance to transition to more passing/less rushing vs. RB, where the ride simply ends

Tyler Huntley

Tyler Huntley briefly left to join the Browns before being released. He signed back with the Ravens practice squad and was eventually elevated when Lamar was banged up. He’s an unrestricted free agent and might want to test the waters again, but I’m sure the Ravens would be happy to have him back. 

Cooper Rush

Cooper Rush got a chance to start with Lamar hurt, and it was a bit of a disaster. In two starts, he threw four picks and fumbled with zero TDs. There’s not really a massive saving in releasing him, but he does have a $700K roster bonus due on March 15th, so I wouldn’t be surprised if they did release him before that hits.      

• Reserves/Futures: N/A

RAVENS QB FREE AGENCY TAKE: With the injuries recently to Lamar Jackson, I think it would be wise for the Ravens to have a serviceable backup. Ideally, someone who also runs, so the scheme doesn’t need to change much. Here are the options out there.

• POSSIBLE FREE AGENT OPTIONS: Tyler Huntley, Marcus Mariota, Tyrod Taylor, Zach Wilson, Justin Fields (if released)

Ravens Running Back Depth Chart

Derrick Henry

Derrick Henry is a physical freak, which has helped him defy typical running back logic that sees a decline at age 30 and beyond. That’s why they were comfortable giving him an extension last year. And they were rewarded with another strong rushing year - 1,595 yards and 16 TDs on over 5 yards a carry.

In dynasty, the way I treat Derrick Henry continues to be simple. If I’m competing now, I’m not trading him to a competitor. If I’m rebuilding in any way, this is a guy you sell immediately. Father time is undefeated, so if your window is 2-3 years away, you can’t bank on a guy who will be 33-34 years old.  

Justice Hill

The Ravens love Justice Hill for pass downs, which is why they extended him through 2026. I expect him to be operating in that capacity once again. The thing is, rushing QBs like Lamar Jackson don’t really dump it down as often as pocket passers, which always caps the upside of Hill production-wise. He’s a great pass-blocker and a valuable real-life player, though.

Keaton Mitchell

This offseason will be telling for Keaton Mitchell as he’s a restricted free agent. He can be retained easily, but the contract is meaningful. For instance, the 49ers tendered Jordan Mason last year at the 2nd round level, which cost $5.546M (then subsequently traded him to the Vikings). There is a contingency of folks hoping that Keaton Mitchell will be the heir apparent on early downs to Derrick Henry, but if they don’t offer him a deal or even tender him at the $3.45M right of first refusal level, it will be clear that they don’t see it that way. They have until March 11th to do so. 

Rasheen Ali

The guy who would benefit most from Mitchell leaving would be Rasheen Ali. He’s on a cheap deal and plays on four different special teams units, so his roster spot is safe. The question is where he falls in the offensive pecking order, where he has not had much exposure so far. 

Patrick Ricard

The Ravens and their fans love Patrick Ricard. But it’s a new offensive coordinator coming in, and the Bears, where Declan Doyle hails from, did not use much fullback. Ricard can also play inline tight end, but I think it might benefit him to test free agency and possibly land with a team that uses him as a fullback. Teams like the Patriots with Josh McDaniels or the Raiders with Klint Kubiak could be interested. 

• Reserves/Futures: Lucas Scott (FB)

RAVENS RB FREE AGENCY TAKE: For 2026, the Ravens have their bruiser in Henry and their pass-down back in Hill. If Keaton Mitchell isn’t back, maybe they sign a cheap bruiser in case Henry goes down. But there’s no real reason to spend up. If anything, maybe it’s time to look at a prospect to develop via the draft. Here are some cheap early down backs if they want to go that way. 

• POSSIBLE FREE AGENT OPTIONS: Brian Robinson, Dameon Pierce, A.J. Dillon, Nick Chubb

Ravens Wide Receiver Depth Chart

Zay Flowers

Zay Flowers has been the most reliable wide receiver for the Ravens. It feels like a no-brainer to pick up his fifth-year option, but an even better move would be figuring out a long-term extension for him, which he’s now eligible for. I think that would be wise, as he seems like a great scheme fit.

Declan Doyle is coming over from the Ben Johnson scheme, which was perfected in Detroit. The ideal configuration is to feature a slot/flanker while having either a big split end or a dynamic field stretcher on the outside. I actually don’t think the previous usage of Flowers by Baltimore, where he played a lot outside and often in single WR sets, was optimal for his skillset. Flowers could thrive if they retool things a bit. 

Rashod Bateman

Of course, Rashod Bateman is an obvious incumbent candidate to play the Jameson Williams/Rome Odunze role that I alluded to above. So they may not need to go crazy bringing anyone in. I’m holding Bateman in dynasty as the role would be better for him than his part-time usage of recent years, if he were to land it. But there’s also the threat of a free agent or rookie coming in with him relegated to WR3, so it’s not without risk. 

DeAndre Hopkins

At this stage, DeAndre Hopkins is relegated more to a part-time role as a possession receiver. He says he wants to play one more year and claims that he believes he can be utilized more than what the Ravens gave him. I’d be shocked if he were back, and I also don’t think teams can realistically plan to sign and feature him at this stage. 

Devontez Walker

Devontez “Tez” Walker found himself moving up the depth chart in year two after an injury-riddled season in the previous year. Not only did he contribute on special teams, but he seemingly surpassed Tylan Wallace, who was made a healthy scratch at times. I don’t have super high hopes for him to carve out a meaningful role in 2026, but he’ll be on the roster, and it is a new regime. 

Tylan Wallace

The writing might be on the wall here for Wallace, as he was made a healthy inactive at times and goes into 2026 as an unrestricted free agent. I don’t expect him back unless there’s no interest out there in free agency. 

LaJohntay Wester

Webster was a sixth-round pick who pretty much exclusively appeared on special teams. That did include returning every single punt and some kick, so, unless the new regime really wants to clean house, I see him holding down a roster spot. 

Dayton Wade

Dayton Wade may or may not have made the team when all was said and done, but he went on season-ending IR with a broken rib before that decision needed to be made. He is not a roster lock by any means.  

• Reserves/Futures: Cornelius Johnson

RAVENS WR FREE AGENCY TAKE: There are often shake-ups when new coaching staffs take over as they try to find the right pieces for THEIR scheme. Right now, the Ravens do have some pieces that could fit in Rashod Bateman and DJ Moore. But they might want a big-bodied presence. I don’t think they spend up in free agency - if it’s a priority, the draft is probably the way. Here are some more affordable names that could come in and be the big-bodied WR3, like Tim Patrick, Olamide Zaccheaus, or Isaac TeSlaa have served in other iterations of this offense.

• POSSIBLE FREE AGENT OPTIONS: Olamide Zaccheaus, Tim Patrick, Noah Brown, Josh Reynolds

Ravens Tight End Depth Chart

Mark Andrews

The Ravens made the decision to stick with their guy and extend Mark Andrews. So that’s the plan for 2026, and there’s no real out until 2026. If the Ravens want to run an offense similar to the 2025 Bears, where Doyle hails from, we’d see Andrews playing that “big slot” type role that Colston Loveland was in. It doesn’t need to be a full-time role, but they’d likely need another inline tight end to be the Cole Kmet - that is not what Mark Andrews does.

Isaiah Likely

Isaiah Likely has expressed his desire to go somewhere and be the TE1 for a team. And I think he will get his wish. Unlike a lot of folks in the dynasty fantasy football community, I’m a little hesitant about what the upside for Likely will be.

There are two truths to address here. The first is that Isaiah Likely is not particularly fast. He has some wiggle, but it's rare for tight ends that slow to put up big production seasons. The best ones by a tight end that run a 4.8+ forty-yard dash have been Heath Miller back in 2012 and then whatever you consider the best season to be for Jake Ferguson. This year, he caught 82 balls but only for 600 yards - YAC is often a result of speed.

The other truth is that tight end is not a linear depth chart in the modern NFL. Teams with two good tight ends often find a way to get them both on the field, as the Browns did with Harold Fannin and David Njoku or the Bears with Colston Loveland and Cole Kmet. Likely has been with the Ravens for four years, and they couldn’t really find a way to get him out there to put up better numbers than someone like Austin Hooper. This year, Likely played 488 snaps while guys like Charlie Kolar (402), Patrick Ricard (274), Tylan Wallace (185), and Devontez Walker (163) also rotated in. It’s not like they didn’t have snaps they could allocate. So I am a little wary of the upside for Likely, and I’d consider selling while his hypothetical value is seemingly high. 

Charlie Kolar

Charlie Kolar is an unrestricted free agent, but could fit the bill as the inline blocking tight end for this scheme. So it’s not out of the question that he comes back to Baltimore if they want him back. 

• Reserves/Futures: N/A

RAVENS TE FREE AGENCY TAKE: With Andrews under contract as the primary pass-catching tight end, they just need to sort out the inline option. Maybe Cole Kmet could be that guy if he’s released/traded, as we speculated in our Bears free agency write-up. If not, they will need some sort of inline tight that skews blocking, so here are the options. 

• POSSIBLE FREE AGENT OPTIONS: Charlie Kolar, Cole Kmet (via trade/release),  Adam Trautman, Foster Moreau, Austin Hooper, Daniel Bellinger, Grant Calcaterra, Durham Smythe 

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