Since acquiring veteran center Jeremy Zuttah in a trade and signing him to a five-year, $18 million contract extension that includes a salary cap figure of $1.7 million this year, the Ravens are now approximately $6.976 million under the NFL salary cap limit of $133 million.
The Ravens have enough money for several more potential signings, including a possible contract extension for wide receiver Torrey Smith, a backup quarterback, a tight end -- perhaps Owen Daniels or Ed Dickson. After those moves, they should still have enough left to sign their draft picks and save money for an emergency fund this season if players gets hurt and go on injured reserve.
The Ravens currently rank 14th in the NFL in available salary cap space behind the Pittsburgh Steelers (32nd, $171,934), Detroit Lions (31st, $1.544 million), New Orleans Saints (30th, $2.206 million), Carolina Panthers (29th, $3.483 million), San Diego Chargers (28th, $3.653 million), San Francisco 49ers (27th, $3.866 million), New York Giants (26th, $4.235 million), Arizona Cardinals (25th, $4.492 million), Kansas City Chiefs (24th, $4.517 million), Dallas Cowboys (23rd, $5.922 million), Washington Redskins (22nd, $6.315 million), St. Louis Rams (21st, $6.589 million) and the Denver Broncos (20th, $6.839 million).
The top 11 salary cap figures on the Ravens are: defensive lineman Haloti Ngata $16 million; quarterback Joe Flacco ($14.8 million); cornerback Lardarius Webb ($10.5 million); running back Ray Rice ($8.75 million); guard Marshal Yanda ($8.45 million); outside linebacker Terrell Suggs ($7.8 million); outside linebacker Elvis Dumervil ($3.375 million); tight end Dennis Pitta ($3.2 million); offensive tackle Eugene Monroe ($3.2 million); defensive tackle Chris Canty ($3.166 million); and punter Sam Koch ($2.8 million).
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