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Matt Furstenburg
Ravens are $3.321 million under NFL salary cap limit
Ravens are $3.321 million under NFL salary cap limit

As it turned out, the Ravens definitely needed that restructured contract from cornerback Lardarius Webb. Even after creating $3 million in salary cap space by converting $4 million of Webb's $7.5 million base salary into a signing bonus, the Ravens are just $3.321 million under the NFL salary-cap limit of $133 million. That number will hardly change once the Ravens' $730,000 contract for veteran cornerback Derek Cox is processed. Cox will count $570,000 against the salary cap under the veteran minimum salary benefit. Subtracting linebacker Josh Bynes' $575,600 salary means the roster moves were essentially a wash under NFL accounting procedures. Like all NFL teams,...