The Baltimore Ravens were sitting at a reasonable $10 million in cap space prior to the franchise tag of defensive lineman Justin Madubuike. In a vacuum, that’s not so bad, but they had a monster $22 million franchise tag and a heap of pending free agents with free agency coming down the pike. Now, things have changed as the Ravens have officially tagged Madubuike.
According to overthecap.com, the Ravens now are in the red. They are No. 26 in cap space, with -$9.565 million over the cap. More cumbersome is they’re -$12.