The Ravens acquired Johnson (ribs) and a 2025 sixth-round draft pick from the Panthers on Tuesday in exchange for a 2025 fifth-round draft pick, Adam Schefter of ESPN reports.

Baltimore will get a big upgrade to its receiver room at the modest cost of a one-round pick downgrade. Carolina is also expected to cover a portion of the salary remaining on the 28-year-old wideout's expiring contract, per Jeff Zrebiec of The Athletic. After the Panthers acquired Johnson from the Steelers in March, he had been serving as the team's No. 1 wideout, compiling a 30-357-3 receiving line on 58 targets. He missed the Panthers' Week 8 loss to the Broncos due to a rib issue, but assuming he's able to pass a physical, Johnson could be on track to make his Ravens debut as soon as this Sunday, coincidentally versus Denver. Though he will benefit from a major improvement in quarterback play, going from Andy Dalton (thumb) and Bryce Young to reigning MVP Lamar Jackson, Johnson is likely to see a reduction in targets as part of a run-oriented Baltimore offense that already features quality pass-catching options in Zay Flowers, Mark Andrews, Isaiah Likely and Rashod Bateman.