Ravens restructure Justin Tucker’s contract to create extra salary cap space

Ravens restructure Justin Tucker’s contract to create extra salary cap space

We previously wrote about Baltimore’s need to become salary cap compliant before Thursday’s season opener against the Chiefs. GM Eric DeCosta has several options at his disposal.

DeCosta used one on Monday, restructuring the contract of All-Pro linebacker Roquan Smith, freeing up $3.65 million in salary cap space.

He did it again on Tuesday, restructuring All-Pro defensive tackle Nnamdi Madubuike and Justin Tucker.

Tucker’s restructure saves the Ravens over $1.7 million.

https://Twitter.com/FieldYates/status/1831093078729326787

Last season, Tucker (90.2%) connected on 31-of-36 field goal attempts and 50-of-51 points after tries, scoring a career-high team record and AFC-best 143 points in 2023. All but one of Tucker’s misses last season have been on tries of at least 53 yards, including a blocked 55-yarder. In 2023, Tucker posted his ninth-ever season, reaching at least 30 field goals made, with no other kicker in NFL history producing more than five such seasons. He also owns an NFL-record 12 straight seasons (each year of his career) with at least 25 field goals made.

[lawrence-auto-related count=5]

Ravens restructure Nnamdi Madubuike’s contract to create extra salary cap space

Ravens restructure Nnamdi Madubuike’s contract to create extra salary cap space

We previously wrote about Baltimore’s need to become salary cap compliant before Thursday’s season opener against the Chiefs. GM Eric DeCosta has several options at his disposal.

DeCosta used one on Monday, restructuring the contract of All-Pro linebacker Roquan Smith, freeing up $3.65 million in salary cap space.

He did it again on Tuesday, restructuring All-Pro defensive tackle Nnamdi Madubuike.

https://Twitter.com/FieldYates/status/1831093078729326787

Madubuike improved greatly in his fourth season with the Ravens. He led the team with 13 sacks, 33 quarterback hits, and 12 tackles for loss, which earned him his first Pro Bowl honor.

Madubuike had a breakout season in a contract year, setting himself up for a four-year, $98 million extension.

[lawrence-auto-related count=5]

Brandon Stephens earns $805K after rearching performance escalator for 2023 season

Ravens CB Brandon Stephens had the 13th highest performance based distribution after earning $805K in salary escalators

Brandon Stephens is $800,000 richer after earning a performance escalator for the 2023 NFL season.

The NFL’s collective bargaining agreement ensures proven performance escalators for players drafted between rounds three and seven and signed to the typical four-year rookie contracts.

If those players can log snap counts of 35% or better in at least two of their first three seasons in the NFL (or play 35% or more of total snaps during those three years), they qualify for an increased base salary in their fourth year.

Stephens started 16 games at cornerback, and the converted safety logged two interceptions and a 65.5 grade in coverage.

Former Ravens left guard, and current New York Jets free agent signee John Simpson earned the biggest bonus.

15 biggest salary cap hits for the Ravens in 2024 after first wave of NFL free agency

With the second wave of free agency heating up and updated signings, we’re releasing the Ravens 15 biggest salary cap hits according to Over The Cap. 

Change is always good for the soul, and after a stunning loss to the Kansas City Chiefs in the AFC title game, Baltimore has undergone a dramatic reconstruction that could pay off with championship dividends.

Changes hit the defensive coaching staff as Mike Macdonald accepted the Seahawks head coaching job, Anthony Weaver became the defensive coordinator in Miami, and Zach Orr was promoted from inside linebackers coach to defensive coordinator.

Baltimore signed Justin Madubuike, one of the league’s best defensive linemen, to an extension. After inking Madubuike to a deal, Baltimore landed Derrick Henry for two years and $16 million.

However, the Ravens suffered significant free-agent losses. Patrick Queen (Steelers), Geno Stone (Bengals), and Gus Edwards (Chargers) were among eight free agents to sign elsewhere. Baltimore also traded Morgan Moses to the Jets and released Tyus Bowser in a cost-cutting move.

With the second wave of free agency heating up and updated signings of cornerback Ka’Dar Hollman, linebacker Chris Board, and offensive guard Josh Jones, we’re releasing the 15 most significant salary cap hits according to Over The Cap.

Where do the Ravens rank in spending at each position after first wave of free agency?

We’re looking at where the Baltimore Ravens rank in positional spending after the first wave of NFL free agency

The 2024 salary cap is set at $255.4 million.

The Ravens will look drastically different on both sides of the football field after undergoing massive changes in player personnel and the coaching staff.

Eric DeCosta started the off-season with urgency, signing Justin Madubuike, one of the league’s best defensive linemen, to an extension. After inking Madubuike to a deal, Baltimore landed Derrick Henry for two years and $16 million.

The talented running back could earn $20 million throughout the deal.

However, the Ravens suffered significant free-agent losses. Patrick Queen (Steelers), Geno Stone (Bengals), and Gus Edwards (Chargers) were among eight free agents to sign elsewhere. Baltimore also traded Morgan Moses to the Jets and released Tyus Bowser in a cost-cutting move.

The Ravens have $13,884,766 in available cap space, and they’re paying out over $113 million on the offensive side of the football.

With the second wave of free agency set to begin, we’re examining Baltimore’s positional spending ranking.

All figures are via OverTheCap.com and official NFLPA records.

Analyzing the 5 richest Ravens contracts

Time to do ROI (Return on Investment) analysis on the Ravens’ current five $100,000,000 men

The famous words of rapper Birdman, “That cash, that 100 million dollar money,” now apply to another member of the Baltimore Ravens. This weekend, Justin Madubuike, Baltimore’s franchise-tagged Defensive Tackle, is the lead NFL story, as he just inked a five-year, $98 million deal.

He’s now the highest-paid DT in the NFL.

We’ve analyzed this deal, which is $24,500,000 per season with $75,500,000 guaranteed. Now it’s time to do an ROI (Return on Investment) analysis on the Ravens’ other four $100m (literally in a couple of cases, close enough in the other two) men.

(Salary figures via Spotrac)

Lamar Jackson, 5yrs, $260,000,000 total, $52,000,000 per, $185,000,000 guaranteed

Let’s get fiscal (not physical) by starting with the most expensive player (in terms of average annual salary and total contract amount) in NFL history. He’s only been in the league since 2018 and won two Most Valuable Player awards. In January 2019, then-Ravens QB1 Joe Flacco was given a 6-year, $120.6 million contract with $52 million guaranteed.

It was massive money then, but it seemed “cute” compared to Jackson’s payday. That’s just what MVP/franchise cornerstone QBs cost these days!

Roquan Smith, 5yrs, $100,000,000 total, $20,000,000 per, $60,000,000 guaranteed

Now that he’s away from the Chicago Bears and signed until 2028, we’ll see what this former Georgia Bulldog can do. The Bears are a very beleaguered and utterly inept franchise right now, so we think Smith will hit another gear and reach his full potential in Charm City.

Talk about the current inflation rate- $20 million annually is crazy money for an inside linebacker.

Ronnie Stanley, 5yrs, $98,750,000 total, $19,750,000 per,  $64,166,000 guaranteed

The Notre Dame product was drafted to be a franchise building block, and early on, he looked every bit the part. However, he’s been slowed by injuries and thus has dropped in form in recent years. Now, the Ravens might even be better served by letting him go. We explored that concept here.

Marlon Humphrey, CB, 5yrs, $97,500,000 total, $19,500,000 per, $67,324,566 guaranteed

In today’s NFL, passers, pass rushers, pass blockers, and pass defenders get paid the best (and are also made top priority positions in the draft). The salary scale then drops considerably for everyone else. Over the course of his seven-year career, Humphrey has one first-team All-Pro and three Pro Bowl seasons to credit.

However, a foot injury slowed him down this past season, and his pass break-up numbers have been down the past couple of seasons.

If all these earnings seem absurd to you, don’t hate the player; hate the game. Jackson’s deal was north of a quarter-billion, and his contract indicates how the first ever $1B player deal is not as far off as you might think.

Just embrace it when it happens because, as Jay-Z famously said, “What’s better than one billionaire? Two (Two), especially if they’re from the same hue as you.”

7 Ravens that could land a contract extension in 2024

We’re looking at seven Baltimore Ravens that can earn a contract extension for 2024

The NFL offseason is underway, and as the Ravens work to retool their roster for the 2024 season, it’s not too early for a look at a potential contract extension.

Baltimore has 11 unrestricted free agents scheduled for 2025, and extending several vital starters and contributors could create future cap space.

With the new league year fast approaching, we’re looking at seven early candidates to land a contract extension.

Ranking all 32 teams (including the Ravens) after NFL sets 2024 salary cap at $255.4M

After the NFL announced a $255 million ceiling, the Baltimore Ravens are 20th in salary cap space with $18.5 million

The 2024 NFL offseason is underway for Baltimore, and the Ravens’ focus will shift to reshaping the roster to fit two new coordinators on both sides of the ball.

The NFL announced a massive $30.6 million increase from 2023, under the original salary cap set in 1994 of $34.6 million.

The 2024 cap is officially $255 million, and where things currently stand, Baltimore is expected to have roughly $18,538,828 available, according to Over The Cap.

The Ravens are set to have 26 pending free agents, and with another likely retool schedule on defense, the organization could conjure up a scheme for more flexibility.

By making these six moves, Baltimore can easily create $51 million in cap space.

Look at how all 32 teams rank regarding available cap space, with March fast approaching via Over The Cap’s updated calculations.

Mystery of OLB Tyus Bowser could mean he wont return to Ravens in 2024

The mystery of outside linebacker Tyus Bowser could mean he won’t return to the Ravens in 2024

The Baltimore Ravens drafted outside linebacker Tyus Bowser in the second round of the 2017 NFL draft.

He turned himself into a precious and versatile player, but injuries have taken their toll on him in recent seasons.

“Unfortunate for Tyus [Bowser], he couldn’t play this year. [I] can’t really get into all the different specifics of that, as you guys know, how we handle the injuries. I think Tyus has probably talked about it in some way. He had an injury unfortunately and wasn’t able to play. We’ll have to continue to assess that in the coming weeks to see where he stands with that injury. [He’s] a great man [and] a good player for us. [It’s] just a tough deal for him this year, and we’ll have to deal with it.”

Bowser tore his Achilles at the end of the 2021 season and has recently had a mysterious knee injury that has gotten little clarity from both Bowser and the team. Baltimore would save $5.5 million by cutting Bowser, and head coach John Harbaugh said the team would continue to assess the injury.

NFL confirms record breaking salary cap of $255.5M for 2024 season

The NFL announced that the 2024 Salary Cap will be $255.4M per club, an increase of $30 million

The 2024 NFL offseason is underway for Baltimore, and the Ravens’ focus will shift to reshaping the roster to fit two new coordinators on both sides of the ball.

The 2024 cap is expected to exceed $255 million, according to NFL Network’s Ian Rapoport, and where things currently stand, Baltimore is expected to have roughly $21 million in cap space.

The Ravens voided four contracts on Monday, accruing $8.3 million in a dead salary cap hit.

Baltimore will enter the 2024 NFL free agency with urgent decisions to make on Justin Madubuike, Patrick Queen, and 20+ other unrestricted free agents.