Ravens veteran cornerback Lardarius Webb's restructured three-year contract includes $5.25 million in guaranteed money with lower salary-cap figures.
Ravens cornerback Lardarius Webb's restructured three-year contract includes $5.25 million in guaranteed money with lower salary-cap figures.
His salary-cap figure this year is $9.25 million, down from his original cap figure of $12 million, creating a net savings of $2.75 million for this fiscal year.
Webb has a fully guaranteed $2.25 million salary-cap figure for 2015 and a $3 million roster bonus due in early April along with $750,000 in incentives and team qualifiers. Webb previously was scheduled to make an $8 million base salary for 2015; he can now make $6 million this year.
In 2016, Webb has a $5.5 million nonguaranteed base salary and a salary-cap figure of $9.5 million. Webb has $500,000 in playtime incentives and team qualifiers.
In 2017, Webb has a $5.5 million nonguaranteed base salary, an identical $500,000 playtime incentive and team qualifier incentive and a salary-cap figure of $7.5 million.
Webb can make $6 million per year and $18 million over the next three years under the terms of the new deal. Webb dealt with a painful back injury for the majority of last season but regained some of his old form by the end of last year. He suffered a hematoma on the back during training camp that pressed on the nerve and caused his leg muscle to atrophy.
Webb finished last season with 46 tackles and one interception in 13 games (11 starts).
He originally signed a five-year, $50 million contract in 2012 that included $15 million guaranteed.
Last year, Webb restructured his contract with $4 million of his $7.5 million base salary converted to a signing bonus for salary-cap purposes. That reduced his salary-cap figure from $10.5 million to $7.5 million.