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.

Updated status of every Ravens free agent after first wave of free agency

We’re taking an updated look at where the Baltimore Ravens 26 free agents have landed after the first wave of NFL free agency

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 taking an updated look at the status of every initial 2024 free agent through the first wave of signings.

2024 NFL offseason: Details on key dates and Ravens contract options paid out

We’re looking at key dates and contract options that’ll free up millions in cap space for the Baltimore Ravens after the first wave 2024 NFL free agency

With free agency off to a roaring start, the Ravens and 31 other NFL teams have started financially retooling to advance to the 2024-25 postseason.

Prior to free agency, we looked inside at key offseason dates starting with the first week of the 2024 league year, which began March 13.

Some dates will free up cap space for Baltimore, while others force GM Eric DeCosta to make hard decisions.

Here’s a look at the key dates and players impacted.

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.

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.”

10 highest-paid defensive tackles in the NFL following Justin Madubuike’s 4-year, $98M deal

We’re looking at the ten highest paid defensive tackles in the NFL after the Ravens agreed to a 4-year, $98 million deal ahead of free agency

The Ravens always take care of their own and just three days after having the franchise tag applied, guaranteeing him $22.1 million for one year, Justin Madubuike is the highest paid defensive tackle in the NFL currently bas on total value.

Madubuike, 26, bet on himself last spring, and he is coming off a breakout season in which he produced a career-high 13 sacks for a Ravens defense that led the NFL with 60 sacks last season. Madubuike totaled more sacks last season than he did in his first three seasons combined (8.5 sacks).

With the NFL world reacting to the news, here’s a breakdown of the ten highest paid defensive tackles in the NFL via Over The Cap.

Report: Former Aggies DL Justin Madubuike has signed a massive extension with the Baltimore Ravens

Former Texas A&M defensive lineman Justin Madubuike has reportedly signed a massive extension with the Baltimore Ravens.

Over the last decade, Texas A&M has sent dozens of football players to the NFL in nearly every position, while a select number of alumni represent the League, including Baltimore Ravens star defensive lineman Justin Madubuike.

Finishing his fourth season with the Ravens, Madubuike recorded 56 tackles (38 solo tackles), 13 sacks, and two forced fumbles. This led to the all-important contract-related offseason as pressure mounted on the organization to make a deal with one of their top defensive playmakers after he was named to his first Pro Bowl and Second-team All-Pro at season’s end.

After it was revealed that the Ravens franchise tagged Madubuike in hopes of completing a long-term deal, ESPN reporter Adam Schefter reported that the deal had been completed. The two parties agreed to a massive four-year, $98 million deal, which includes $75.5 million in guarantees and $53.5 million at signing.

Following former Texas A&M wide receiver and future Hall of Famer Mike Evans’s two-year extension with Tampa Bay, former A&M football alums have now totaled $150 million and and $110 million in guarantees, so to quote Good Bull Hunting’s Robert Behrens, it’s a good week to be an Aggie!

Contact/Follow us @AggiesWire on Twitter, and like our page on Facebook to follow ongoing coverage of Texas A&M news, notes, and opinions. Follow Cameron on Twitter: @CameronOhnysty.

Twitter reacts to the Ravens agreeing to a 4-year, $98M deal with Justin Madubuike

We’re looking at the social media reaction to Justin Madubuike signing a 4-year, $98 million deal with the Baltimore Ravens

The Baltimore Ravens have struck a big blow in NFL free agency, signing Justin Madubuike to a 4-year, $98 million contract extension.

The Ravens released this statement on the extension.

With Madubuike just days from officially signing his new deal, we’re looking at Twitter reactions from the news.

Ravens to sign DT Justin Madubuike to a 4-year, $98 million deal

The Baltimore Ravens are signing defensive tackle Justin Madubuike to a 4-year, $98 million deal

According to Adam Schefter, the Ravens are signing franchise defensive tackle Justin Madubuike to a four-year, $98 million deal that includes $75.5 million total in guarantees and $53.5 million at signing.

Madubuike, 26, bet on himself last spring, and he is coming off a breakout season in which he produced a career-high 13 sacks for a Ravens defense that led the NFL with 60 sacks last season. Madubuike totaled more sacks last season than he did in his first three seasons combined (8.5 sacks).

Madubuike’s 13 sacks last year are the fifth-most in a single season by a Baltimore player and are tied for the most by a Ravens defensive tackle.

With All-Pro linebacker Patrick Queen likely to depart on a massive free agent deal, retaining Madubuike was the Raven’s biggest priority in a critical offseason that will see 26 players test free agency.