Manufacturing Cap Space
Currently the Ravens sit at $11.1M under the cap according to RSR’s capologist Brian McFarland. And that number places a pair of loose handcuffs on GM Eric DeCosta. But that doesn’t mean the team can’t get creative to uncover more cap space without sacrificing long-term cap flexibility.
One simple solution would be to restructure Marcus Peters’ deal which would provide roughly $6M in cap relief. Converting salary into bonus pushes some of the cap burden towards the back-end of the three-year extension but of course, the Ravens would have to deal with a slighted bloated cap number for Peters in future years.