He's now under contract through the 2015 season.
Jones spent last season on injured reserve.
He was drafted in the first round of the 2011 NFL draft.
"We anticipate he'll be ready to go 100 percent," coach Mike Smith said during the NFL owners meetings. "We'll get him going at some point in time here in the offseason. We'll be very careful. Our No. 1 goal is to have him ready to participate in training camp."
Smith was off to a fast start last season when he got injured.
He caught 41 passes for 580 yards and two touchdowns in five games last season.
In three NFL seasons, the former Alabama standout has 174 receptions for 2,737 yarsd and 20 touchdowns.
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Aaron Wilson covers the Ravens for The Baltimore Sun
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This story originally appeared on Nationalfootballpost.com
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