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USA Today Sports Media Group
USA Today Sports Media Group
Sport
glenn erby

How can the Ravens maximize their cap space during 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.

Restructures

Jan 28, 2024; Baltimore, Maryland, USA; Baltimore Ravens quarterback Lamar Jackson (8) prepares to throw the ball during the second half against the Kansas City Chiefs in the AFC Championship football game at M&T Bank Stadium. Mandatory Credit: Geoff Burke-USA TODAY Sports

Restructures are an easy way to create cap space in the short term but can have long-term ramifications on your salary cap.

POS Player 2024 Cap Hit Cap Savings
QB Lamar Jackson $32,400,000 $11,100,000
CB Marlon Humphrey $22,877,800 $7,905,000
S Marcus Williams $18,723,000 $7,193,333
OL Ronnie Stanley $26,168,250 $6,895,000
TE Mark Andrews $16,907,611 $4,937,500
LB Roquan Smith $13,500,000 $3,656,250
K Justin Tucker $5,800,000 $1,717,500

 

Extensions

Jan 20, 2024; Baltimore, MD, USA; Houston Texans wide receiver Nico Collins (12) runs the ball against Baltimore Ravens safety Geno Stone (26) and safety Marcus Williams (32) and safety Kyle Hamilton (14) during the first quarter of a 2024 AFC divisional round game at M&T Bank Stadium. Mandatory Credit: Mitch Stringer-USA TODAY Sports

Extensions are the best way to create cap space, as they benefit both the team and the player.

POS Player 2024 cap hit cap savings
QB Lamar Jackson $32,400,000 $11,100,000
OL Ronnie Stanley $26,168,250 $11,032,000
S Marcus Williams $18,723,000 $8,632,000
CB Marlon Humphrey $22,877,800 $8,432,000
TE Mark Andrews $16,907,611 $7,900,000
LB Roquan Smith $13,500,000 $3,900,000
LB Tyus Bowser $7,500,000 $3,500,000
OL Morgan Moses $6,960,000 $3,432,000
OL Patrick Mekari $6,350,000 $2,580,000

 

Cuts (pre-June 1)

Jan 20, 2024; Baltimore, MD, USA; Baltimore Ravens quarterback Lamar Jackson (8) celebrates with offensive tackle Ronnie Stanley (79) after scoring a touchdown against the Houston Texans during the third quarter of a 2024 AFC divisional round game at M&T Bank Stadium. Mandatory Credit: Mitch Stringer-USA TODAY Sports

Pre-June 1 cuts are most costly because they incur more dead money.

POS Player 2024 cap hit cap savings dead money
OL Ronnie Stanley $26,168,250 $8,331,750 $17,836,500
LB Tyus Bowser $7,500,000 $5,500,000 $2,000,000
OL Morgan Moses $6,960,000 $5,500,000 $1,460,000
TE Mark Andrews $16,907,611 $5,092,385 $11,815,226
OL Patrick Mekari $6,350,000 $4,350,000 $2,000,000
FB Patrick Ricard $5,155,000 $4,000,000 $1,155,000
RB Justice Hill $2,970,588 $2,470,588 $500,000
OL Ben Cleveland $1,500,460 $1,284,000 $216,460

 

Cuts (post-June 1)

Aug 27, 2022; Baltimore, Maryland, USA; Baltimore Ravens linebacker Tyus Bowser (54) runs across the field during the first quarter against the Washington Commanders at M&T Bank Stadium. Mandatory Credit: Tommy Gilligan-USA TODAY Sports

This is the ideal time to cut players as it minimizes their dad cap totals.

POS Player 2024 cap hit cap savings dead cap
OL Ronnie Stanley $26,168,250 $15,000,000 $11,168,250
CB Marlon Humphrey $22,877,800 $11,750,000 $11,127,800
TE Mark Andrews $16,907,611 $11,000,000 $5,907,611
S Marcus Williams $18,723,000 $7,000,000 $11,723,000
LB Tyus Bowser $7,500,000 $5,500,000 $2,000,000
OL Morgan Moses $6,960,000 $5,500,000 $1,460,000

 

Cap hits for every Ravens player in 2024

Nov 16, 2023; Baltimore, Maryland, USA; Baltimore Ravens general manager Eric DeCosta on the sideline during the fourth quarter against the Cincinnati Bengals at M&T Bank Stadium. Mandatory Credit: Tommy Gilligan-USA TODAY Sports

Ravens 2024 player cap hits
2024 Strength of schedule
2024 cap space totals each team

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