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.

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.

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.

Marlon Humphrey hilariously revealed how Derrick Henry kept him in the dark about joining the Ravens

Derrick Henry’s poker face is incredible.

News of Derrick Henry joining the Baltimore Ravens on the second day of 2024 NFL free agency sent massive ripple effects around the NFL. The idea that the four-time Pro Bowler and two-time league-leading rusher gets to share a backfield with two-time MVP Lamar Jackson was once something you’d probably only see in Madden. Now, it’s reality.

And it’s something that Henry seemingly “forgot” to tell Marlon Humphrey about — the Ravens’ star cornerback and Henry’s former Alabama teammate in college.

After Henry’s Baltimore signing was made official, Humphrey took to Twitter and revealed that he and the running back were literally texting a day prior. Somehow, Henry joining Humphrey on the Ravens never came up:

It’s not hard to guess why Henry would keep this news under wraps until it was official. There’s always a chance that negotiations could’ve gone haywire the moment more people knew it was happening in the background. So, Henry played it safe and let Humphrey get surprised by the great news after the fact.

Still, it’s kind of funny that Henry kept Humphrey, of all people, in the dark. It’s so perfect that now they’re reunited in pursuit of a Super Bowl together.

10 takeaways from the Ravens 2023 season

We’re looking at ten takeaways from the Baltimore Ravens 2023 NFL season

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 $5 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 set to begin, we’re looking at ten takeaways from the Ravens 13-4 regular season.

How can the Ravens maximize their cap space during 2024 NFL offseason?

We’re looking at the four ways the Baltimore Ravens can best maximize their cap space during the 2024 NFL offseason

The Baltimore 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 four ways Baltimore can best maximize their space per the Over The Cap transaction table.

6 moves the Ravens can make to create $51M in cap space for 2024

We’re looking at six moves the Baltimore Ravens can make to create $51 million in salary cap space for 2024

The Baltimore 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, which is 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 six moves that can create $51 million in cap space per the Over The Cap transaction table.

Ravens players share praise for new Seahawks coach Mike Macdonald

For what it’s worth players seem to adore the Seahawks’ new head coach Mike Macdonald.

Players don’t have to love their coaches in order to be successful in the NFL. However, for whatever it’s worth Ravens players seem to adore new Seahawks head coach Mike Macdonald.

Here’s what Baltimore players are sharing about their former defensive coordinator, starting with what Kyle Van Noy posted on Twitter last night.

Perhaps the best player that Macdonald had over the last two years was safety Kyle Hamilton, who’s currently at his second Pro Bowl in as many seasons. Hamilton called Macdonald super-cerebral and probably the smartest guy in the room.

Baltimore’s stellar linebacker duo of Patrick Queen and Roquan Smith also have nothing but good things to say about Macdonald this year.

Additionally, three-time Pro Bowl cornerback Marlon Humphrey recently talked about what makes Macdonald a great coach on his podcast.

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