clock menu more-arrow no yes

Filed under:

Ravens restructure Lardarius Webb's deal to reduce 2014 cap figure

New, comments

$4 million of Webb's base salary has been converted into a bonus, reports The Baltimore Sun's Aaron Wilson.

Mitch Stringer-USA TODAY Sports

Lardarius Webb won't make less money when it's all said and done. But his reconfigured contract will benefit the Ravens in terms of cap space for the 2014 season.

According to The Baltimore Sun's Aaron Wilson, the Ravens and Webb agreed to a restructured deal where $4 million of Webb's $7.5 million base salary in 2014 will be converted into a bonus stretched out into the remaining three years of his contract.

This means that Webb's 2014 cap figure will reduce by $3 million, going from $10.504 million to $7.504 million. However, in the next three years, his cap figures will go up by $1 million each (now $12 million in 2015 and 2016, and $10.5 million in 2017).

Webb will still receive the full $7.5 million this season, just in a different manner than through 17 game checks.

<blockquote class="twitter-tweet" lang="en"><p>Lardarius Webb has $3.5 million base salary, $2 million is upfront, of the $4 million signing bonus, other $2 million spread out over season</p>&mdash; Aaron Wilson (@RavensInsider) <a href="https://twitter.com/RavensInsider/statuses/504679295449853952">August 27, 2014</a></blockquote>
<script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

However, it's standard for bonuses to be prorated through the duration of a player's contract.

This restructure was strictly done to alleviate cap space in the short term as no years were added to the deal. This does open the door for some other potential moves as the NFL inches closer to the regular season.