If it was any other year, the Ravens - at the 11th spot in the NFL in cap space on their roster according to Spotrac - would be in great shape to jump off into the offseason.
But, because of the decrease in revenue this year due to the Covid-19 pandemic (which affects the salary cap), don't expect a windfall of free agency spending in Baltimore.
“I think it’s such a strange phenomenon, because we are actually probably 11th or 12th best in the league in terms of salary cap room, and we anticipate that number being somewhere between $15-20 million,” general manager Eric DeCosta said Monday. “However, that’s not a lot of money in the grand scheme of things, and that’s based on a projection of between $175 million and $180 million dollars of salary cap room. So, we like the positioning we are in.”
It’s going to be a tight offseason in Baltimore, but certainly not as tight as some other competitive teams around the league.
The salary cap is currently projected to be anywhere from $175-180 million, which would leave 13 teams, also according to Spotrac, in the red before the offseason even begins. There are certainly outs for teams to take as contracts aren’t guaranteed in the NFL.
The Ravens have already made a move to aid their salary cap and let Mark Ingram go, as the veteran running back requested.
If they want to be aggressive, though, they’ll certainly be able to take advantage of a few organizations around the league. In the AFC North, the Steelers currently are $28.328 million above the cap for 2021.
So while the salary cap hasn’t exactly played in the Ravens’ favor in recent years, and especially this year, there are a few teams around the league that are faced with enormous restraints.
“We see that as an opportunity for the club to really improve,” DeCosta continued. “But it’s an unusual dynamic and there are going to be, I think, some challenges for teams to get under the cap. We’d like to have more room than we have; $15-20 million dollars is not a lot of money. But when we judge ourselves against our competitors, we feel like we have an opportunity to use that to our advantage.”