For the past couple of days, the Ravens’ activity has been mostly confined to dealing with contracts of players currently on the team. All-Pro guard Marshal Yanda restructured his deal, opening up nearly $4 million in salary cap space. Cornerback Jimmy Smith signed off on a restructure as well, creating an additional $4.5 million of flexibility. Cornerback Kyle Arrington agreed to a pay cut, allowing the Ravens to get an additional $1 million of cap room.
Meanwhile, aside from the two-year deal for tight end Benjamin Watson and a few restricted tenders, the Ravens have been completely quiet on the open market.