The Baltimore Ravens and running back Ray Rice have completed a five-year, $40 million deal, according to ESPN.com.
The franchised running back and the Ravens completed the deal just minutes before the 4 p.m. EDT deadline. Had an agreement not been reached, Rice would have to play for the $7.7million franchise tender.
Rice will reportedly receive $25 million over the first two years of the deal, including $17 million in year one between base salary and signing bonus.
Follow me on Twitter @TerryMc13
Terry McCormick covers the Titans for TitanInsider.com
APR 23 Joel Corry
The 49ers have a multitude of options for how to handle the star pass rusher’s contract situation.
APR 22 Jerry Angelo
A former general manager shares the tricks of the trade when it comes to the NFL’s annual selection show.
APR 21 National Football Post
The "Intro to Scouting" graduates' takes on the talented RB prospect.