The Ravens have made a concerted effort to revamp their receiving corps this offseason, and to that end, they extended an offer to Bears’ restricted free agent Cameron Meredith, per Jamison Hensley of ESPN.com. Meredith, however, ultimately decided to sign an offer sheet with the Saints, and Chicago has until Wednesday to either match the offer sheet or let Meredith depart for New Orleans without receiving any draft compensation.
The offer sheet is a two-year, $9.6MM pact ($5.4MM guaranteed), and while Hensley does not give the specifics of Baltimore’s offer, he does indicate that the Ravens’ small amount of cap room limited their ability to potentially bring Meredith into the fold. The Ravens’ salary cap situation also kept them out of the market for the top free agent wideouts this offseason, though the team has done well to acquire Michael Crabtree and John Brown.
Meredith would have been a nice complement to Crabtree and Brown, and we heard at the end of last month that Baltimore was higher on Meredith than other players the team has recently brought in for a visit (Willie Snead and Michael Floyd). But Snead, a restricted free agent of the Saints, would represent a solid option as a slot receiver, and the Ravens may ultimately circle back to him. After all, he will probably cost less than Meredith, and it seems unlikely that New Orleans would match an offer sheet (particularly if the Saints wind up with Meredith).
Even if they do acquire another receiver like Snead in free agency, the Ravens should target a WR and a pass-catching TE in the early rounds of the draft.
Ah bummer. I hope Snead turns out
If Cameron Meredith does in fact end up with the saints to stay, Willie Snead’s role in that offense would be even more decreased so he’ll be more likely to want to get out of there. Higher chance he signs with the ravens
Apparently the Bears will let him go. They would have matched immediately if they felt the same as they did about Fuller. Too bad.