Ray Rice Signs Five Year, $40 Million Contract With Ravens

Jan 15, 2012; Baltimore, MD, USA; Baltimore Ravens running back Ray Rice (27) carries the ball in the second half of the 2011 AFC divisional playoff game against the Houston Texans

It’s finally done! Ray Rice will now remain with the Baltimore Ravens for the foreseeable future after signing a five year deal worth around $35 million with $5 million in incentives. $24 million is guaranteed and will be paid over the first two seasons. Rice is now one of the highest paid running backs in the NFL.

Now that Ray Rice is signed, quarterback Joe Flacco is next on the list. Flacco is entering the last year of his rookie contract and has been looking for an extension for the past few months.

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Topics: Guaranteed Money, Ray Rice, Ray Rice Contract

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