Thursday, May 10, 2012
Yanda helps Ravens add two players
By Jamison Hensley
Someone restructured a contract in the AFC North and it didn't involve the Pittsburgh Steelers for once.
The Baltimore Ravens restructured the contract of guard Marshal Yanda, which allowed them to sign wide receiver Jacoby Jones (two year, $7 million contract) and defensive tackle Ryan McBean (one year, $1.2 million), according to the Carroll County (Md.) Times. Baltimore had the smallest amount of salary-cap room in the AFC North before the move.
Yanda, who signed a five-year, $32 million deal last year, created $2.8 million in cap space by restructuring his contract. His cap number was reduced when the Ravens converted $3.8 million of his scheduled $4.5 million salary into a signing bonus. So, Yanda doesn't lose any money in this restructuring. The result is his salary-cap number increases over the remaining years of his contract (because the new signing bonus is prorated over 2013, 2014 and 2015).
It is believed to be the first contract that the Ravens have restructured this season, which puts them far behind the Steelers in cap-manipulating moves. Pittsburgh restructured five contracts this offseason to create additional cap room: quarterback Ben Roethlisberger, tackle Willie Colon, cornerback Ike Taylor and linebackers Lawrence Timmons and LaMarr Woodley.