The Baltimore Ravens have signed cornerback Jimmy Smith to a one-year contract extension worth up to $5 million, according to Adam Schefter of ESPN.
Ravens and CB Jimmy Smith have agreed to a one-year contract extension worth up to $5 million that ties him to Baltimore through the 2021 season, @RosenhausSports told ESPN. Smith was set to become a free agent this off-season.— Adam Schefter (@AdamSchefter) December 31, 2020
Smith was drafted by the Ravens in the first round in 2011, and he has gone on to spend ten seasons with the team. He is in the midst of another strong season. Right now, he is the 15th highest-graded cornerback by PFF. He has been targeted 36 times this season, and he has only allowed 18 completions for 118 yards and a passer rating of 57.4. In addition, he has not given up a passing touchdown in coverage in the last two seasons. At $5 million, he is an absolute steal.
Smith was set to become a free agent this offseason, but extending him will keep one of the most talented secondaries in the league intact. The Ravens now have Smith, Marlon Humphrey, Marcus Peters, Tavon Young, and Anthony Averett under contract for 2021.