Category: Ravens Salary cap

5 best salary cap bargains for the Ravens in 2023

We’re looking at the 5 best salary cap bargains for the Baltimore #Ravens in 2023 via @Thacover2NFL

Every NFL team has fit their 53-man roster (and practice squad) under the league’s salary cap each season.

This year, the cap was set at $224.8 million (it’s higher for some teams that rolled over unused cap space from the previous season).

Today, we’re taking a quick look at the Ravens five biggest salary cap bargains going into the 2023 season.

Baltimore’s biggest bargain is easily Isaiah Likely.

(All of these totals were provided courtesy of OverTheCap.com.)

Where do the Ravens rank in spending at each position ahead of Week 1?

We’re taking an updated look at the Baltimore #Ravens positional spending on offense and defense and where they rank among all 32 teams in the NFL ahead of Week 1 via @Thacover2NFL

Baltimore currently has about $4,879,167 in cap space per Over The Cap, and they’re spending about $100+ million plus on the offensive side of the football.

The overall positional spending will change in the coming years after Lamar Jackson signed a massive five-year, $260 million contract extension, making him among the three highest-paid players on average in NFL history.

The Ravens are a sneaky Super Bowl favorite after adding Odell Beckham Jr. and Zay Flowers on offense.

With the season opener just 48 hours away, we’re looking at where Baltimore sits in positional spending on both sides of the ball ahead of the season opener, thanks to Over The Cap.

Ravens create $7.5 million in cap space after restructuring Marlon Humphrey’s contract

Marlon Humphrey made our list of moves Baltimore could use to create salary cap space and #Ravens create $7.5 million in cap space after restructuring his deal via @Thacover2NFL

Marlon Humphrey made our list of players that Baltimore could choose to restructure, and on Wednesday, the veteran cornerback created $7.5 million in cap space.

The Ravens entered the day almost $3 million over the cap and needed to shed salary before the season opener against Houston.

The move should put Baltimore nearly $4 million over the cap, with the potential to make four more moves.

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5 moves the Ravens can make to create $20 million in cap space for 2023

Baltimore needs to shed salary and we’re looking at five moves the #Ravens can make to create over $20 million in cap space via @Thacover2NFL

The 2023 NFL season is underway, and after a tense offseason, all is well in Baltimore after Lamar Jackson signed a 5-year, $260 million contract extension.

The league salary cap is expected to exceed $224 million in 2023, according to NFL Network’s Ian Rapoport.

Where things currently stand, the Ravens are nearly $3 million over the salary cap and need to make a move by tonight.

Baltimore is set to have 24 pending free agents, and with another likely retool schedule on defense, the organization could conjure up a scheme for more flexibility.

According to Over the Cap’s potential transaction chart, the Ravens can easily create $20 million in cap space by making these five moves.

Ravens salary cap breakdown entering Week 1 of the 2023 NFL season

We’re breaking down Baltimore’s salary cap situation ahead of Week 1, as we’ll chart the #Ravens dead money, positional spending and current outlook via @Thacover2NFL

The salary cap will exceed a record high of $224 million in 2023, and where things currently stand, Baltimore needs to cut salaries, according to Over The Cap.

During the 2023 NFL free agency period, the Ravens quietly made some noise, inking Odell Beckham Jr., Nelson Agholor,  Geno Stone, and Justice Hill to deals throughout the spring.

For some teams, the slight increase in cap space provides a little breathing room to retain players on expiring deals or acquire talent that could help them succeed in the upcoming season.

With the season opener fast approaching, here’s an updated look at Baltimore’s salary cap space.