The Ravens have created a little more breathing room under the cap by reworking Jeremy Zuttah‘s contract, according to Field Yates of ESPN.com (Twitter link). Yates reports that the team has converted $1,628,824 of Zuttah’s remaining base salary for the season into a signing bonus, prorating over four years, and creating an extra $1,221,618 in cap room.
Zuttah, the Ravens’ starting center, had been set to earn a $3MM salary for the season, with a $3.7MM overall cap number. By restructuring his deal, Baltimore reduces his cap hit to about $2.478MM, increasing his $4.2MM charges for 2016, 2017, and 2018 to about $4.607MM annually.
According to Over the Cap’s data, the Ravens were among the teams with the least amount of cap space left in 2015, with only about $2MM remaining. Baltimore has been hit hard by the injury bug this season, and the more players that land on injured reserve, the more new players the team has to add to its roster, increasing the need for cap flexibility.
In all likelihood, the Ravens don’t have a particularly trade or signing in mind for the extra cap room created by reworking Zuttah’s deal. That space will simply help the team make it through the rest of the season.