Ravens, TE Mark Andrews agree to 3-year extension

The Baltimore Ravens and tight end Mark Andrews have agreed to terms on a three-year contract extension, per NFL Network’s Mike Garafolo.

The deal is worth $39.3 million with $26 million guaranteed. Andrews’ $13.1 million APY is actually $900k per year less than his first extension, which he signed in 2021. That deal made him the highest-paid tight end in the league; since then, four players have passed him at $16.5 million per year or more, per OverTheCap. This offseason, Trey McBride and George Kittle raised the market to $19 million. Andrews is now the sixth-highest paid tight end in the league, dropping one spot behind David Njoku.

The Ravens have since confirmed the extension news and issued a statement from general manager Eric DeCosta:

We are excited and proud to announce a three-year contract extension with Mark Andrews,” DeCosta stated. “Mark is an all-time Raven – a top competitor and Pro Bowl tight end who is also a big part of our Baltimore community. Congratulations to Mark and his family! In his eighth NFL season, Andrews is the Ravens’ all-time leader in every major receiving category, ranking No. 1 in catches (473), yards (5,862) and touchdowns (56). He is the second tight end (Travis Kelce – Kansas City) in NFL history to hold a franchise’s receiving ‘Triple Crown.‘

This is a developing story that will be updated with more information.