10:51am: The Ravens have officially signed Mallett, the team announced (via Twitter).
8:30am: Per Aaron Wilson of the Houston Chronicle (Twitter link), the Ravens are expected to cut Renner to make room on the roster for Mallett.
TUESDAY, 7:39am: According to Ian Rapoport of NFL.com (via Twitter), Mallett’s deal with the Ravens keeps him under contract for 2016. If Baltimore hangs onto him through the offseason, Mallett can earn up to about $2.5MM next year.
MONDAY, 2:26pm: The Ravens are set to sign quarterback Ryan Mallett, per Dianna Marie Russini of ESPN.com (on Twitter). Mallett was released on Oct. 28 by the Texans, days after he missed a team flight for a road trip against the Dolphins.
The Ravens lost starting quarterback Joe Flacco to a season-ending knee injury and injuries to Matt Schaub led them all the way down to Jimmy Clausen. Mallett will likely be No. 3 on the depth chart behind Clausen and Bryn Renner, but we’ll have to wait for word from head coach John Harbaugh to find out for certain.
A 2011 third-round pick of the Patriots, Mallett started six games in Houston over the last two years but slowly found his way into Bill O’Brien‘s doghouse. Mallett completed 53.1 percent of his throws this year for 770 yards, three touchdowns, and four interceptions for a 63.6 passer rating.