The Baltimore Ravens have converted $5 million of safety Tony Jefferson’s base salary in 2018 into a signing bonus, per ESPN’s Field Yates.
Source: the Ravens converted $5M of S Tony Jefferson’s $6M base salary into a signing bonus, creating $3.33M in cap space for 2018. Post-draft cap maneuvering.
— Field Yates (@FieldYates) May 9, 2018
Baltimore has been tight on cap space seemingly all offseason, and although this move may hurt their future, this might have been necessary. They created $3.33 million in cap space for this year, but approximately $1.