The Ravens could carry over roughly $5.785 million or possibly more in salary-cap space to the 2015 offseason, barring any more roster moves this season.
Five-time Pro Bowl defensive tackle Haloti Ngata forfeited four game checks, totaling $2 million of his $8.5 million base salary, for violating the league's performance-enhancing-drug policy. The suspension saved the Ravens $2 million against the salary cap and in cash.
The Ravens' current salary-cap situation includes a subtraction of $1.411 million in salary-cap space that was held in reserve when former running back Ray Rice filed a grievance against the team citing wrongful termination of his $35 million contract.
The salary-cap reduction remains in place until his pending grievance is resolved. That grievance is set for Jan. 15 and Jan. 16, according to a source. The Ravens created a net savings of $3.529 million in salary-cap space for this fiscal year when they terminated Rice's contract.
They also took on $4.755 million in dead money for this year and $9.5 million in dead money in 2015, reflecting the prorated portion of the $22 million in guaranteed money already paid to Rice that still counts against the Ravens' salary cap.
Should Rice win his grievance against the Ravens for wrongful termination, he would be owed $3.529 million in salary that he was due before the team cut him Sept. 8, when a graphic video surfaced of his domestic-violence incident.
The Ravens also are facing $121,000 injury grievances from former Maryland tight end Matt Furstenberg and wide receiver Mike Willie. The Ravens settled a $121,000 injury settlement with former defensive tackle Levi Brown for $63,000.
The Ravens gave veteran cornerback Dominique Franks $33,529 in termination pay after he was released in November.
The top 12 salary-cap figures on the Ravens for the 2014 season are Ngata ($14 million), quarterback Joe Flacco ($14.8 million), right guard Marshal Yanda ($8.45 million), outside linebacker Terrell Suggs ($7.8 million), cornerback Lardarius Webb ($7.504 million), Rice ($4.755 million), outside linebacker Elvis Dumervil ($3.375 million), injured tight end Dennis Pitta ($3.205 million), left tackle Eugene Monroe ($3.204 million), defensive tackle Chris Canty ($3.166 million), punter Sam Koch ($2.8 million) and middle linebacker Daryl Smith ($2.475 million).