Tag: Patrick Queen free agency

Ravens’ biggest winners from NFL raising the 2024 salary cap to $255.4M

We’re looking at the Baltimore Ravens biggest winners from the NFL raising the salary cap to $255.4 million

The 2024 NFL offseason is underway for Baltimore, and the Ravens’ focus will shift to reshaping the roster on both sides.

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.

With the added cap space now official, we’re looking at the biggest winners from the news.

Ravens have two players make a list of the top 25 NFL free agents for 2024

Ravens have Justin Madubuike and Patrick Queen make an ESPN ranking of the top 25 NFL free agents for 2024

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.

Baltimore currently has about $6,626,029 in cap space per Over The Cap, and they’re spending about $120+ million plus on the offensive side of the football.

The Ravens also have 26 players scheduled to hit free agency, and some tough decisions will be made regarding who returns to Baltimore.

ESPN recently did an early ranking of the top 25 free agents for 2024, and John Harbaugh’s squad had two players make the list or land on the honorable mentions.

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.