The Baltimore Ravens are going to need to find ways to create additional cap space this offseason. Currently sitting at a projected $14 million in cap space, that figure will likely drop close to $7 million once RFA signings and draft picks are taken into account.
With numerous key pending free agents and other holes to fill, the Ravens will need a bit more money to play with this offseason. Fortunately, there are quite a few ways the team will be able to save money.
From releases to extensions to restructures, expect general manager Eric DeCosta to be busy over the coming weeks/months as the Ravens prepare for an eventful offseason.
Let’s take a look at seven realistic ways the Ravens could create extra cap space.
7. The Ravens could release Tavon Young
Of the potential options on this list, this one is the least ideal. Tavon Young finally put together a full, healthy season in 2021 — in a year where seemingly all of his teammates got injured.
Young is a good player and an important part of the Ravens’ secondary, but he’s set to carry a $9.18 cap hit in 2022, the seventh-highest on the roster. The Ravens could release him and save nearly $6 million with a dead cap charge of $3.38 million.
The Ravens want to keep Young, but his price tag might be a little steep for their liking. Releasing him would nearly double their available cap space at the moment which presents an intriguing option.
Still, given that other key members of their secondary are set to hit free agency, the Ravens will likely do what they can to keep Young.