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.

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