The Baltimore Ravens and franchised running back Ray Rice have agreed to terms on a five-year, $40 million contract, only minutes before Monday's deadline, according to Adam Schefter of ESPN who cites a league source. The deal will pay Rice $17 million in the first year and $25 million in the first two years, the source said. The Ravens had placed their franchise tag on Rice in March and the sides had until 4 p.m. ET on Monday to reach an agreement. Without a long-term deal, Rice would have had to play the 2012 season under the $7.749 million tender or sit out the season. Source: The Redzone
Damn it....... Love Ray Rice, hate the Ratbirds. Was really hoping he'd go to the NFC sometime, cause he's a problem.
You just wonder how much of the banging that little guy can take. He's fun to watch though, I love his heart more than anything else. All the talent is gravy on the side.
Knew his agent would have to cave to get something done, its a fair market value deal and the Ravens looked out on the guaranteed money. Have to think they'll be looking to restructure after yr 3 tho lol
