Why they gave it to him: It was either that or the franchise tag, which would have been just as costly in the short term while leaving the Ravens vulnerable long-term. That is unless they had decided to part ways.

Why they might regret it: While Jackson immediately put together an MVP campaign for the Ravens, he again failed to get them to a Super Bowl. Now, he'll become more expensive and the rest of the roster will decline as a result. What's more, we're talking about a somewhat fragile, often-exposed quarterback who has failed to complete two of his last three seasons.