The Ravens made a relatively modest investment in veteran inside linebacker Daryl Smith.
Smith was signed Wednesday to a one-year, $1.125 million contract that includes a $285,000 signing bonus, according to a source.
The contract has a maximum value of $2.125 million if Smith triggers a reachable $1 million playing time incentive clause, per a source.
Smith is expected to compete for a starting job at inside linebacker, a position of need for the Ravens after Ray Lewis' retirement and Dannell Ellerbe signing a $35 million contract with the Miami Dolphins after the Super Bowl.
Smith, 31, is the Jacksonville Jaguars' all-time leading tackler.
He started two games last season and had six tackles, spending most of the season on the injured reserve-designated to return list due to a sports hernia.
That significantly damaged Smith's stock as an unrestricted free agent after his five-year, $24.9 million contract extension that included $10 million in guaranteed money expired in March. He visited the St. Louis Rams in April, but left town without a deal.
The 6-foot-2, 248-pound 2004 Jaguars second-round draft pick from Georgia Tech has registered 1,090 career tackles, 21 1/2 sacks, six interceptions and nine forced fumbles.
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