Breaking down Daryl Smith's deal; Ravens have $9.061M in salary cap space
By By Aaron Wilson
The Baltimore Sun|
Mar 18, 2014 | 11:35 AM
The Ravens are now approximately $9.061 million under the NFL salary cap limit of $133 million, according to a league source, which includes the recent contracts for wide receiver Steve Smith, middle linebacker Daryl Smith and safety Jeromy Miles.
Daryl Smith signed a four-year contract worth up to $16.1 million. It has a base value of $13.6 million, including a $3.5 million signing bonus.
Smith is due base salaries of $1.6 million in 2014, $2.5 million in 2015, $3 million in 2016 and $3 million in 2017. He has corresponding salary cap figures of $2.457 million (2014), $3.375 million (2015), $3.875 million (2016) and $3.875 million (2017).
Miles' one-year deal is worth $795,000 and includes a $35,000 signing bonus, a $30,000 roster bonus and a $730,000 base salary. His salary cap figure is just $635,000 under the veteran minimum salary benefit.
The top 10 salary cap figures on the Ravens are: nose tackle 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).