Ravens Sign Jaire Alexander: Updated Super Bowl Odds and NFL Futures

• Ravens signed former Packers cornerback Jaire Alexander to a one-year, $6 million deal
• Alexander reunites with college teammate Lamar Jackson after the QB publicly lobbied for the signing
• Below, see the updated Ravens Super Bowl odds and AFC futures after Jaire Alexander’s signing

The Ravens signed two-time Pro Bowl cornerback Jaire Alexander to a one-year, $6 million contract Wednesday, just one day after Lamar Jackson publicly lobbied for the move. “Go get him, Eric” Jackson told GM Eric DeCosta during Tuesday’s minicamp, and Baltimore’s front office clearly got the message.

Alexander’s contract includes $2 million in incentives tied to playing time, with $500,000 bonuses for hitting 35%, 40%, 45%, and 50% snap count thresholds. It’s a smart structure that protects Baltimore while giving Alexander a chance to prove he can stay healthy.

Baltimore Ravens 2025 NFL Futures

The Alexander signing didn’t move the Ravens’ 2026 Super Bowl odds, as they remain co-favorites with Buffalo at +700. Oddsmakers likely anticipated this move and factored in Alexander’s recent injury history when setting the lines.

Baltimore’s NFL Divisional odds also held steady at -140. The Ravens are still heavy favorites to capture their third straight AFC North title, which would be a first in division history.

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Odds as of June 18th at FanDuel. Claim the FanDuel promo code before making any NFL Futures bets.

Best Ravens NFL Futures Bets

• Ravens to Win AFC North (-140)
• Lamar Jackson Over 3,350.5 Passing Yards (-110)

While the Super Bowl odds didn’t budge, I still see value in backing Baltimore to win the AFC North. The Ravens have dominated divisional play under Jackson, scoring 27 or more points in nine of their last 12 division games. With Cincinnati’s offensive line questions and Pittsburgh’s quarterback uncertainty, Baltimore should cruise to another North crown.

Jaire Alexander Career Stats

The signing addresses Baltimore’s most glaring weakness from 2024. Their pass defense ranked 31st in the NFL, surrendering 244.1 yards per game. When healthy, Alexander gives them a proven shutdown corner to pair with Marlon Humphrey and second-year player Nate Wiggins. The likely scenario has Humphrey moving inside to the slot, where he’s been most effective recently.

The obvious concern is Alexander’s availability. He’s played just 14 games over the past two seasons and missed 34 of 68 possible games since 2021. That’s exactly why Green Bay released him despite his All-Pro talent, and why Baltimore structured the deal with performance incentives rather than guarantees.

Still, this is a calculated risk worth taking. At $6 million maximum value, the Ravens are betting that Alexander can return to his 2022 form when he posted an 89.5 PFF coverage grade. Even if he plays just 10 to 12 games, that’s still elite corner play for crucial stretches of the season.

The Jackson-Alexander connection adds another layer to this signing. The former Louisville teammates have remained close, and Jackson’s public endorsement shows his increasing influence within the organization. When your MVP quarterback advocates that strongly for a player, it carries weight in the locker room.

Baltimore faces a brutal slate of quarterbacks in 2025, including Josh Allen, Patrick Mahomes, Joe Burrow twice, and C.J. Stroud. They need all the secondary help they can get, especially after their season ended with a heartbreaking 27-25 playoff loss in Buffalo.

While the futures markets didn’t react to Alexander’s signing, there’s still value in Baltimore at +700 to win the Super Bowl. This team has been the AFC’s best regular season squad over the past two years, and adding a healthy Alexander could push their defense from good to elite.

Combined with Jackson and Derrick Henry leading the league’s most explosive rushing attack, the Ravens have all the pieces for a championship run.