Mike Florio of Pro Football Talk, citing a source with knowledge of the situation, reports that Ravens veteran TE Ben Watson has agreed to a pay cut last week.
According to Florio, Watson agreed to reduce his $3 million salary for the 2017 season down to $1.25 million. As part of the agreement, Watson receives $750,000 fully guaranteed to go along with incentives that could push his salary up to $3 million.
The Ravens just lost Dennis Pitta to another hip injury, so they’re clearly hoping for Watson to bounce back from an Achilles’ tear he suffered last year that cost him the entire 2016 season.
Watson, 36, is a former first-round pick of the Patriots back in 2004. He spent six years in New England before joining the Browns in 2010. After three years with the Saints, Watson signed a two-year, $7 million contract with the Ravens in March of last year.
In 2015, Watson appeared in all 16 games for the Saints and caught 74 passes for 825 yards receiving and six touchdowns.