Jimmy Smith, Ravens Agree to New Contract: Latest Details and Reaction

March 10, 2016   ·   Tim Daniels   ·   Jump to comments

The Baltimore Ravens and cornerback Jimmy Smith reportedly agreed to a restructured contract in order to give the franchise $4.5 million in additional cap space.  
Field Yates of ESPN reported Thursday the Ravens converted $6 million of the defender's $7 million base salary into a signing bonus to create the financial flexibility. Jeff Zrebiec of the Baltimore Sun, citing NFL Players Association records, confirmed the news.
Front offices always try to get creative this time of year in order to clear space under the salary cap. Spotrac lists the Ravens as having just under $11 million in room, which is the sixth-lowest total in the NFL, with the new league year having just started Wednesday.
Smith is coming off one of the best statistical seasons of his career. He racked up 54 tackles, 10 passes defended, three interceptions and a sack while appearing in all 16 games.
Those numbers don't tell the entire story, though. He struggled in coverage at t...

Read Complete Article at Bleacher Report - NFL
Article is property of BleacherReport.com