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.