Young battled through a sports hernia injury down the stretch and had to sit out the Ravens' playoff loss to the Chargers. He had surgery after the season ended.

Young had one more season remaining on his rookie deal, but at his press conference last month, General Manager Eric DeCosta talked about the importance of re-signing some of the Ravens' young players before they reached free agency.

The Ravens have reportedly agreed to trade former franchise quarterback Joe Flacco to the Denver Broncos next month, and have more salary cap flexibility moving forward than they have had in previous seasons.

"I think that we would love to keep as much young talent as we can in Baltimore," DeCosta said. "That's hard to do at times when you have a really, really good quarterback who's making a lot of money, and you have less cap room. It is tougher for you to keep your roster intact. It is a lot easier to do when you don't have those parameters."

It's a similar move to the one the Ravens made in 2012 when they signed cornerback Lardarius Webb, who bore some resemblances to Young, to a five-year extension before his rookie contract expired. Webb ended up being a Raven for his entire career.