11:01am: Canty’s two-year deal is worth $4.65MM, according to Wilson (on Twitter). He’ll get a $1.5MM signing bonus, a $1MM base in 2015, and a $2MM salary in 2016. As previously indicated, the Ravens will hold a team option for the second year (link).
10:58am: The Ravens officially announced that Canty has been signed to a two-year deal, according to Rand Getlin of Yahoo Sports (on Twitter).
The Ravens cut Canty because of his high cap number earlier this offseason. The 32-year-old was released by the Ravens in February and has since drawn interest from other teams, including the Seahawks and Jets. Shortly after cutting Canty loose, GM Ozzie Newsome made it clear that a reunion could still be in the cards.
“We certainly would not close the door to Chris coming back to us,” Newsome said.
Canty, a 10-year veteran, joined the Ravens prior to the 2013 season, after spending his first eight years in the NFC East with the Cowboys and Giants. In two years with Baltimore, Canty started 14 of 26 games he played, registering 65 total tackles and 2.5 sacks. While he didn’t have a huge impact on the field, the veteran lineman is a good leader and has a positive locker room presence.
By cutting Canty initially, the Ravens removed his $2.66MM base salary from their books, leaving about $667K in dead money. Canty had initially been slated to count for approximately $3.327MM against the club’s 2015 cap. The exact terms of his new deal are not yet known, but it’ll provide Baltimore with more breathing room than they would have had under the old pact.
Canty was set to visit the Seahawks on Thursday, according to Aaron Wilson of The Baltimore Sun (on Twitter), but that trip has obviously been cancelled.