Ravens’ $98 Million 1st-Round Pick Named Potential 2024 Cut Candidate

Following the Baltimore Ravens’ disappointing end-of-season loss to the Kansas City Chiefs in the AFC championship game, general manager Eric DeCosta will be tasked with adding pieces to improve a championship core. However, DeCosta will be handcuffed by the team’s current cap situation unless he makes some difficult roster moves.

One of the moves was suggested by Glenn Erby, writer for USA Today’s Ravens Wire, where the Ravens, “Post June 1 Cut Marlon Humphrey.”

The CB will only be 28 years old for the upcoming season, so cutting him may be a drastic move. According to Erby, by cutting Humphrey post-June 1 the Ravens would save $11.75 million in cap space and only take a dead cap hit of $11.12 million.

The savings would increase the Ravens’ current amount of $7.3 million in cap space that they currently have, according to OverTheCap.

“Humphrey signed a 5-year contract extension with the Ravens in 2020 worth $97.5 million in new money with $40.3 million in full guarantees at signing,” Erby wrote.

The veteran CB currently has the third-highest cap hit on the team according to Spotrac. Erby explained, “The Ravens converted $9.42 million of salary to a bonus in 2023, creating $7.536 million in cap room.”

DeCosta could approach Humphrey about restructuring his contract once again, but that may just be kicking the can down the road again. However, the flexibility this would provide the Ravens during free agency cannot be ignored.