Ravens 2024 offseason tracker: Following all of Baltimore’s signings, departures and more

We’re tracking all of Baltimore Ravens offseason moves here — from signings and departures to restructures and any potential trades.

The offseason is in full swing, particularly for the Baltimore Ravens, who have made one gigantic move, agreeing to a two-year deal with running back Derrick Henry.

The Ravens will utilize draft picks and the second wave of free agency to retool after losing eight players in the first week.

Baltimore has had good moments so far, and we’re tracking all of their offseason moves here—from signings and departures to restructures and potential trades.

Ravens projected depth chart following the first wave of NFL free agency

We’re looking at an updated depth chart prediction for the Baltimore Ravens following the first wave of NFL Free Agency

The Ravens are still in the crux of a potential Super Bowl window.

Still, they’ll look drastically different on both sides of the football after undergoing massive changes to 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 seemed to win the first wave of the free agency period after getting Derrick Henry for two years and $16 million. The talented running back could earn $20 million over the course of the deal.

All wasn’t perfect, as 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 set to begin, we’re looking at an updated depth chart.

10 pending free agents the Ravens should not re-sign

We’re looking at ten pending 2024 NFL free agents that the Baltimore Ravens should not re-sign

Baltimore faces an offseason of change after Mike Macdonald bolted for the Seahawks job. Anthony Weaver landed the Dolphins’ defensive coordinator job, and 26 players, headlined by Patrick Queen, are set to be free agents.

Justin Madubuike landed the franchise tag, leaving Baltimore -$9 million over the salary cap ahead of the early tampering period.

With an urgent offseason underway, we’re looking at ten pending free agents who shouldn’t return.

A look back at Ravens 2023 NFL free agent class

With 2024 NFL free agency set to begin in less than two weeks, we’re looking back at the Baltimore Ravens 2023 free agent class

General manager Eric DeCosta, Ozzie Newsome’s successor, has grown increasingly aggressive in handing out contracts, and he’s now built a Super Bowl hopeful for 2023 and beyond.

The Ravens are 20th in the NFL in cap space, with $11.9 million available, and there will be critical decisions regarding several vital contributors and two All-Pros. And they’re spending about $120+ million plus on the offensive side of the football.

With the NFL combine ongoing and free agency just ten days away, we’re looking at Baltimore’s strong 2023 class.

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.

Ravens salary cap: Positional breakdowns and financial outlook ahead of NFL free agency

Here’s an early look at the Baltimore Ravens’ salary cap, positional breakdowns, and financial outlook ahead of 2024 NFL free agency

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.

The Ravens have about $5 million in salary cap space and the No. 30 overall pick in April’s NFL draft courtesy.

With the new league year quickly approaching, we’re looking at Baltimore’s salary cap, with a positional breakdown and financial outlook before free agency.

Ravens given best odds to sign RB Derrick Henry

The Baltimore Ravens are the early odds on favorites to sign free agent running back Derrick Henry when the new league year starts

The Baltimore Ravens enter an offseason of expected turnover at several positions. One such position is running back, where the Ravens could lose Gus Edwards and J.K. Dobbins in free agency.

Baltimore has only had one running back cross 1,000 rushing yards in the Lamar Jackson era, mainly due to a committee approach at the position. Could the Ravens buck that trend and go after a true workhorse back this offseason? The betting market appears to think so, as DraftKings Sportsbook has Baltimore with the best odds at +200 to sign veteran running back Derrick Henry.

Henry, 30, is expected to hit the open market after spending his first eight seasons with the Tennessee Titans. Fresh off a season in which he rushed for 1,167 yards, Henry still has gas left in the tank despite an extensive career workload.

Spotrac lists Henry with a calculated market value of $10.3 million for one year, which would be difficult to justify for the Ravens given the number of free agents set to hit the open market and a limited amount of cap space to dole out among various positions of need.

Even if it is not a sizable investment like Henry, Baltimore will need to add another running back to the roster, considering that only Justice Hill and Keaton Mitchell are set to return, and Mitchell is coming back from a torn ACL near the end of the 2023 season. Re-signing one of Edwards or Dobbins is a potential option, as is targeting someone else in free agency or selecting one in the draft.

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Ten players who could have bigger roles for Ravens in 2024

We’re looking at ten players who could have bigger roles for the Baltimore Ravens in 2024

The Ravens are amid a Super Bowl window, but there are huge decisions to make regarding All-Pros Justin Madubuike and Patrick Queen.

There are numerous free agents at the wide receiver and cornerback positions, while several players could be released for salary cap purposes.

Where things currently stand, Baltimore is expected to have roughly $7,328,828 in cap space via OverTheCap, the 20th most in the NFL.

That number could grow if the team opts to part ways with some expensive contracts (perhaps Ronnie Stanley or Marlon Humphrey.

Currently, the Ravens have 48 players under contract for the 2024 season, and we’re looking at ten contributors who could have more prominent roles.

 

 

Ravens 9 biggest needs ahead of 2024 NFL free agency

We’re looking at the Baltimore Ravens nine biggest needs for the 2024 NFL offseason

The Ravens have concluded their 2023 season, and the focus now shifts to what’s shaping up to be a franchise-altering offseason for general manager Eric DeCosta.

Baltimore is 20th in the NFL in cap space, with $7.3 million available, and there will be critical decisions regarding several vital contributors and two All-Pros. And they’re spending about $120+ million plus on the offensive side of the football.

PFF recently did an early ranking of the top 50 free agents for 2024, and John Harbaugh’s squad had four players make the list.

With the new league set to begin, we’re looking at the Ravens nine biggest needs entering the 2024 NFL offseason.

6 toughest decisions for Ravens GM Eric DeCosta this offseason

We’re looking at the six toughest offseason decisions for Baltimore Ravens GM Eric DeCosta ahead of the 2024 NFL free agency period

The Ravens have concluded their 2023 season, and the focus now shifts to what’s shaping up to be a franchise-altering offseason for general manager Eric DeCosta.

Where things currently stand, the Ravens are expected to have roughly $7,328,828 in cap space via OverTheCap, the 20th most in the NFL.

That number could grow if the team opts to part ways with some expensive contracts (perhaps Ronnie Stanley and Marlon Humphrey.

The Ravens have 48 players currently under contract for the 2024 season; we’re looking at the six most challenging decisions facing GM Eric DeCosta.