Former Patriots cornerback Kyle Arrington talked about how happy he was to sign a three-year contract with the Ravens. (Kevin Richardson/Baltimore Sun video)
The Ravens are $7.384 million under the NFL salary-cap limit of $143.28 million.
This follows the Ravens' recent three-year, $7 million contract for former New England Patriots cornerback Kyle Arrington, who's slated to play nickel back.
Arrington's deal includes a $2 million signing bonus and $2.8 million in guaranteed money, including his fully-guaranteed 2015 base salary of $800,000. His first-year salary-cap figure is $1.466 million.
The 28-year-old has an annual $500,000 playtime incentive, which can boost the total value of the deal by $1.5 million.
In 2016, Arrington has a $2.1 million nonguaranteed base salary and a $2.766 million salary-cap figure. In 2017, the final year of the contract, Arrington has a $2.1 million nonguaranteed base salary and a $2.766 million salary-cap figure.
The Ravens' team salary-cap figure includes carrying over $5.791 million from the previous year, nine signed draft picks, their undrafted rookie class and all their restricted free agents and exclusive-rights free agents.
Here are the top salary-cap commitments the Ravens have for this year, including dead money, meaning the amount of money consumed by players no longer on the roster: