Before signing him to a contract extension, the Baltimore Ravens were on the verge of parting ways with wide receiver Rashod Bateman.

Ravens wide receiver Rashod Bateman explored his trade market before signing a three-year contract extension to stay in Baltimore.

The Baltimore Ravens gave out another deal to a key offensive player on Thursday, signing Bateman through 2029. The three-year, $36.75 million extension includes $20 million in guarantees, according to a person with knowledge of the deal who spoke to The Associated Press on condition of anonymity because terms hadn't been announced.