2024 Ravens Offseason Roster Preview

PLAYERS PRESENTLY UNDER CONTRACT

The Ravens currently have the following 55 players under contract for 2024 (with Cap Numbers indicated):

QBs (2):  Lamar Jackson ($870K); Malik Cunningham ($915K)

RBs (4):  Justice Hill ($2.971M); Keaton Mitchell ($921K); Owen Wright ($795K); Gus Edwards (VOID)

FBs (1):  Patrick Ricard ($5.155M)

WRs (6):  Rashod Bateman ($4.008M); Odell Beckham Jr. (3.977M); Zay Flowers ($3.19M); Tylan Wallace ($1.226M); Sean Ryan ($795K); Nelson Agholor (VOID)

TE (4):   Mark Andrews ($16.908M); Charlie Kolar ($1.161M); Isaiah Likely ($1.111M), Scotty Washington ($915K)

OL (11):  Ronnie Stanley ($26.168M); Morgan Moses ($6.96M); Patrick Mekari ($6.350M); Tyler Linderbaum ($3.61M); Ben Cleveland ($1.501M); Daniel Faalele ($1.185M); M. Aumavee-Laulu ($958K); Andrew Vorhees ($941K); TyKeem Doss ($795K); Tashawn Manning ($795K); Kevin Zeitler (VOID)

DL (5):  Broderick Washington ($4.54M); Michael Pierce ($4.072M); Travis Jones ($1.447M); Bravvion Roy ($1.055M); Rayshad Nichols ($795K)

EDGE (4): Odafe Oweh ($3.609M); David Ojabo ($2.157M); Tavius Robinson ($1.095M); Malik Hamm ($796K)

LBs (4):  Roquan Smith ($13.5M); Tyus Bowser ($7.5M); Trenton Simpson ($1.228M); Josh Ross ($795K)

CBs (8):  Marlon Humphrey ($22.878M); Brandon Stephens ($1.419M); Jaylin Armor-Davis ($1.175M); Trayvon Mullen ($1.125M); Damarion Williams ($1.111M); Christian Matthew ($985K); Tre Swilling ($795K); Rock Ya-Sin (VOID)

S (3):  Marcus Williams ($18.723M); Kyle Hamilton ($4.433M); Geno Stone (VOID)

ST (3):  Justin Tucker ($5.8M); Jordan Stout ($1.159M); Nick Moore ($1.455M)

The above 55 players are under contract for a total Rule of 51 Salary Cap commitment (which includes dead money from players no longer on the team) of $236,909,075. We recommend bookmarking our 2024 Salary Cap spreadsheet, which is regularly updated.

Present projections for the 2024 Salary Cap indicate that the Cap will be in the $240-250M range, with the Cap likely to come in around $245M.  This would be an increase of $20.2M over the 2023 Cap of $224.8M.  The Ravens will most certainly hope it reaches $245M and will definitely hope it won’t be any lower.

So, using the figure of $245M for the estimated Cap, the Ravens will initially have around $10,228,830 in Cap space (which includes the $2,137,905 in 2023 carryover), accounting for the 55 players presently under contract.  But, keep in mind that if no contract extensions are reached with the five (5) players (Zeitler, Edwards, Agholor, Ya-Sin and Stone) who have voiding contracts by mid- to late-February, that number will drop to 50.

This will be the basis for a lot of early reports on the status of the Ravens’ 2024 Salary Cap, but while that doesn’t sound too bad – and certainly better than for a lot of NFL teams – it is important to keep in mind that this number is based on just the present 55 players that are presently under contract and nowhere near representative of the team’s Cap with a full roster.

So, between now and Wednesday, March 13^th at 4:00 p.m., when the new league year and free agency begins, the Ravens have a lot of work to do with a lot of pending free agents and a very tight Salary Cap.

PRACTICE SQUAD FREE AGENTS (FAs)

The Ravens had 17 players on their Practice Squad and on Practice Squad Injured Reserve at the end of the seasons.  On Monday, nine (9) such players were re-signed to 2024 “Future” contracts.  If the remaining 7 PS players are not re-signed by next Monday, they will become free agents.

S Andrew Adams

WR Dan Chesina

RB Melvin Gordon

FB/TE Ben Mason

CB Kevon Seymour

WR Laquon Treadwell

OL Josh Wells

These players will sign 1-year deals with the applicable league minimum salary ($795K, $915K, $985K or $1.055M).

EXCLUSIVE RIGHTS FREE AGENTS (ERFAs)

ERFAs are players with less than three (3) years of service time (accrued seasons) in the league.  In order to be retained, the Ravens must tender the player with an ERFA tender by the first day of the league year on Wednesday, March 16^th.  Based on the player’s length of service in the league, the player will receive a 1-year deal with the applicable league minimum salary ($795K, $915K, $985K or $1.055M).  Once tendered, these players are fully under the team’s control and are not free to negotiate with other teams.

This year the Ravens have only one (1) player who is an Exclusive Rights Free Agents (ERFA):

DB Ar’Darius Washington ($1.055M)

RESTRICTED FREE AGENTS (RFAs)

The Ravens have no pending Restricted Free Agents (RFAs) this year.

UNRESTRICTED FREE AGENTS (UFAs)

The following 23 players are Unrestricted Free Agents (UFAs) and will be free to sign with other teams if they haven’t re-signed with the Ravens before Free Agency begins on Wednesday, March 13^th at 4:00 p.m.:

WR Nelson Agholor (VOID)

DE Jadeveon Clowney

RB Dalvin Cook

CB Ronald Darby

RB JK Dobbins

WR Devin Duvernay

RB Gus Edwards (VOID)

LB Malik Harrison

QB Tyler Huntley

QB Josh Johnson

DT Justin Madubuike

CB Arthur Maulet

OL Sam Mustipher

LS Tyler Ott

LB Del’Shawn Phillips

LB Patrick Queen

LB John Simpson

S Geno Stone (VOID)

DE Brent Urban

DE Kyle Van Noy

CB Daryl Worley

CB Rock Ya-Sin (VOID)

OG Kevin Zeitler (VOID)

FRANCHISE TAG

The window for using the Franchise Tag begins on Tuesday, February 20th and ends at 4:00 Tuesday, March 5^th.

This year, the Ravens have one (1) main candidate for the Franchise Tag – DT Justin Madubuike.  However with a Franchise Tender of close to $20M for a DT, the Ravens are going to have to do some major Salary Cap gymnastics to create the necessary Cap space to fit in the Tag and have enough excess Cap space to address other areas of need.

2024 DRAFT PICKS

The Ravens will have the 30^th overall pick in the first round and presently are expected to have 8 total picks in the 2024 draft.  They presently have their 1^st, 2^nd, 3^rd, 4^th, 5^th and 7^th Round picks. The Ravens traded their own 6^th (2023 draft day trade – Andrew Vorhees) and acquired the Jets’ 7^th (for Chuck Clark).  The Ravens are also expected to receive a 4^th Round Compensatory Pick for the 2023 loss of G Ben Powers.

Based on their present draft position, the Ravens will likely have a rookie Cap of somewhere around $9M.  While that number won’t factor into their initial Cap calculations, it is something that the team will be very mindful of as they otherwise build their roster.