WEDNESDAY, 9:03am: Webb’s restructure will include $5.5MM guaranteed, including a $3MM bonus, a league source tells Wilson (on Twitter).
TUESDAY, 5:00pm: It looks like Webb’s salary may have been reduced to $6MM not just for 2015 but for ’16 and ’17 as well. Wilson tweets that the corner is now due to make $18MM over the next three years.
4:36pm: Webb will see his 2015 base salary reduced to $6MM, according to Jason La Canfora of CBSSports.com (via Twitter). If that’s the only change to Webb’s contract, it would create $2MM in cap savings for the Ravens.
3:58pm: The Ravens have made a series of roster moves, according to Aaron Wilson of the Baltimore Sun (Twitter links), who reports that the team has restructured the contract of cornerback Lardarius Webb and announced new deals for defensive lineman Christo Bilukidi and long snapper Morgan Cox.
The Ravens reportedly asked Webb to take a pay cut earlier this offseason, and I imagine the corner’s new deal will reduce his overall earnings, rather than simply converting a portion of his base salary into a signing bonus. Webb’s cap hit had been set to jump from $7.5MM in 2014 to $12MM in 2015, which included a base salary of $8MM.
Webb didn’t escape unscathed during a 2014 season in which the Ravens’ secondary was decimated by injuries. The veteran corner missed three games early in the year with a lower back injury, and appeared to be somewhat hampered by those back issues throughout the season. Webb’s season-long grade on Pro Football Focus (subscription required) reflected those injury problems — he ranked 78th out of 108 qualified cornerbacks in 2014 after grading as a top-20 corner in 2013. Still, if he’s back at full health, Webb’s return should help solidify Baltimore’s secondary in 2015.
As for the Ravens’ two signings, Cox has served as Baltimore’s long snapper since 2010, but missed a good chunk of the 2014 season after being placed on injured reserve with a torn ACL in October. Assuming he’s healthy in time for the 2015 season, I’d expect Cox to resume long snapping duties for the team.
A part-time player for Baltimore last season before being sidelined by an ankle injury, Bilukidi played just 47 defensive snaps after being claimed off waivers from Cincinnati. His new two-year deal with the Ravens was reported last month.