During the offseason, the salary cap is often a fluid situation. As players get signed, released, extended or just take pay cuts; numbers begin to change. However, after signing cornerback Kyle Arrington, we can get the best glimpse into the Ravens' current salary cap situation.
Unless an injury happens or a major player becomes available, it isn't super likely that the Ravens will be adding additional team members to the roster. Once we include Arrington's deal, the Ravens have a total of $7.384 million left under the NFL salary cap of $143.28 million according to the Baltimore Sun's Aaron Wilson.
When you consider that the Ravens have one of the more stacked rosters in the league and are still tied down to former Ravens rusher Ray Rice's $9.5 million cap hit, the Ravens' cap situation looks even better. As has been a sticking point since he signed the contract, the amount the Ravens still have to spend goes to show that despite Joe Flacco earning $14.55 million this season against the cap, he has not hindered the Ravens' desires to go out and get free agents.
This offseason alone, the Ravens have resigned Jimmy Smith, a Pro Bowl level corner hitting the peak of his career; as well as running back Justin Forsett. The Ravens have added Kyle Arrington and safety Kendrick Lewis to the team, and have restructured cornerback Lardarius Webb. The team is still reportedly looking to extend both kicker Justin Tucker and offensive guard Marshall Yanda to long-term contracts. Of course, the Ravens have also been able to sign all of their 2015 NFL Draft picks, including players like Breshad Perriman, Carl Davis and Maxx Williams.
While shedding fan favorite players like Haloti Ngata, the Ravens have shown that they will do what is necessary to open up their salary cap situation and do what is best for the team. Ngata reportedly turned down several contract extensions that would have seen his cap number fall pretty dramatically from the expected $16 million this season to something more reasonable for a 30+ defensive lineman that has had some injury prone years lately as well as a suspension for substance abuse of Adderall.
With the reported $7.384 million, the Ravens still have plenty of space left in the event of a bigger name free agent is able to show up on the market. Or as the Ravens have typically done during this time of the year, they can add several bargain basement players that might be able to offer an immediate impact on the team despite not killing owner Steve Bisciotti's check book.