Nick Boyle helps the Ravens save cap space with reworked contract

Ravens, Nick Boyle Mandatory Credit: Katie Stratman-USA TODAY Sports
Ravens, Nick Boyle Mandatory Credit: Katie Stratman-USA TODAY Sports /

The Baltimore Ravens have been forced to navigate a tricky cap situation this offseason. On Friday, veteran tight end Nick Boyle helped the team create a little extra breathing room in the salary cap department.

As reported by NFL Network’s Field Yates, Boyle has agreed to a reworked contract that helps create an additional $2.565 million in cap space for Baltimore.

Per Yates, Boyle has had his base salary lowered from $5 million to $1.12 million with a $2.63 million signing bonus as well as $1.25 million available via incentives.

On top of that, $1 million of his 2023 salary was converted into a roster bonus next season. In total, the Ravens were able to save over $2.5 million with the help of a longtime veteran of the club.

Nick Boyle helped the Ravens free up cap space for a potential signing

The Ravens currently have just over $7 million in cap space, per Over the Cap, which is more than enough if the team wants to do a little post-draft free-agent shopping.

Perhaps this opens up the possibility of a potential Jarvis Landry signing in the near future. The Ravens have reportedly shown interest in signing the five-time Pro Bowl wide receiver, and this additional cap space could allow them to do so.

The Ravens know that they still have needs to address after the draft. Wide receiver is absolutely one, but adding extra linebacker, edge rush, or even offensive line depth shouldn’t be ruled out.

This move shouldn’t come as a surprise given that the Ravens added two tight ends (Charlie Kolar and Isaiah Likely) in the 2022 NFL Draft. Boyle’s roster spot isn’t exactly guaranteed for the upcoming season.

Now, this move doesn’t necessarily indicate that Boyle will or won’t make the final roster. If he shows up to training camp healthy and in good shape, there’s still a good chance he’s on the team.

But after playing just five games last season, it’s unclear if Boyle will ever be able to fully recover from his devastating knee injury in 2020.

Next. 3 Ravens playing with a chip on their shoulder after the 2022 NFL Draft. dark

Still, Nick Boyle is doing his part to help the Ravens out. A little extra cap space never hurt anybody.