5:15pm: These talks will lead to a contract agreement. The Ravens are bringing back Wolfe and will do so on a multiyear deal this year. Wolfe will sign a three-year, $12MM deal to stay in Baltimore, Jeff Zrebiec of The Athletic tweets.
4:59pm: Derek Wolfe may be on track to securing a second contract agreement with the Ravens. The veteran defensive lineman indicated he is close to re-signing with the Ravens, Troy Renck of Denver7 tweets.
The Ravens have lost their top two edge rushers from last season, with Matt Judon going to the Patriots and Yannick Ngakoue committing to the Raiders. But they still have Calais Campbell under contract and made moves to retain their backup edges — Pernell McPhee and Tyus Bowser — and appear to have a second Wolfe deal in sight.
A Broncos starter for eight seasons, Wolfe moved on to the Ravens last season. He started eight games, playing 58% of Baltimore’s defensive snaps. The 2021 season will be Wolfe’s age-31 campaign.
Wolfe played a key role for the Broncos’ Super Bowl champion defense but was not prioritized in Denver last year. It appears the Ravens view the run defender/inside pass rusher as an important cog as they attempt to reconstruct their pass rush.