Report: Ravens restructure Lardarius Webb's contract to clear cap space
The Baltimore Ravens have restructured cornerback Lardarius Webb's contract to create more salary cap space this year, reports the Baltimore Sun.
Four million of Webb's $7.5 million base 2014 salary was converted into a signing bonus, which reduces $3 million off his salary cap figure.
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The restructuring leaves the Ravens $6.95 million under the NFL salary cap limit, according to the Sun.
Webb signed a five-year, $50 million extension with Baltimore in 2012. With the restructuring, his new salary cap figures for 2015 and 2016 are $12 million, up from $11 million.
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Webb has been out since late July with back spasms and is sitting out the preseason. The 28-year-old made 74 tackles in 2013.
- Molly Geary