The Baltimore Ravens freed up some cap space by restructuring cornerback Lardarius Webb's contract on Wednesday.
According to The Baltimore Sun, the Ravens turned $4 million of Webb's $7.5 million base salary for the 2014 season into a signing bonus. This means that Webb's cap figure will be reduced by $3 million for the 2014 season and is now $7.504 million as a result.
The Ravens are now $6.59 million under the salary cap limit.
No years were added or taken away from his current deal. Webb still has three years remaining on his deal after this season.
Follow me on Twitter: @JasonHButt
Check out our partners at TiqIQ for the best deals on all games on the 2014 NFL schedule.
SEP 19 Jeff Fedotin
Jets hold out hope cornerback can bolster beleaguered secondary.
SEP 17 Jesse Lawrence
Jesse Lawrence of TiqIQ takes a look at the hot tickets this weekend.
SEP 16 Joel Corry
After registering 19 sacks in 2013, the St. Louis pass rusher cashes in big.