It's weird for me to evaluate because the Ravens are in a very awkward spot. They've posed as a competitor for 10 years, and people and fans believe them, so shedding the short-term for the long-term feels impotent and cowardly. But the result sheet says they just aren't very good, so why are they acting like a win-now team, picking up an aging veteran with a relatively short window? 3 playoff wins in 10 years, all against pretenders in the cupcake conference, never against a competitor or even a semi-competitor.
The playoffs are a high-variance environment, but 10 years is a lot of time to show results. In this time, teams understood as very flawed have done better, like the Packers and Bengals. Even outright bad teams have managed to get pieces click in this timespan; this is like, Jaguars-tier. How are you worse when it matters than the Texans, who have even managed to beat a semi-competitor once, unlike the Ravens? In an "ideal environment," I think the Ravens should consider trading Lamar and rebuilding, but I know that will never happen for a billion reasons.
My thinking has to be, maybe they think the conference is open because the Chiefs fell off, and the seeming inheritors are very flawed? I wouldn't be so sure. The Broncos and Patriots still have room to improve, and the Chiefs had a combination of unluckily "could have gone either way" close losses against a tough schedule and injury snakebite. The Chiefs' point differential was actually better than the Ravens', and they played a harder schedule for it.
At any rate, it's hard for me to read any committal win-now move by the Ravens as anything other than a huge loss, let alone one saccing two FRPs.