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Daryl Smith
Ravens are $5.545 million under NFL salary-cap limit
Ravens are $5.545 million under NFL salary-cap limit

The Ravens are $5.545 million under the NFL salary-cap limit of $133 million. New long snapper Kevin McDermott's veteran minimum contract counts for $291,177 against the salary cap for the remainder of the season. The Ravens created a net savings of $3.529 million in salary and cap space for this fiscal year when they terminated running back Ray Rice's $35 million contract, also taking on $4.755 million in dead money. Should Rice win his grievance against the Ravens for wrongful termination, he would be owed that money and it would count against the Ravens' books for this year. Regardless of the decision, in 2015 Rice will count against the Ravens' salary cap for...