Update:
The Philadelphia Eagles have already confirmed the trade.
Roster Move: #Eagles acquire DT Timmy Jernigan and a third-round pick (99 overall) from BAL in exchange for a third-round pick (74 overall). pic.twitter.com/4OTcRwMjGV
— Philadelphia Eagles (@Eagles) April 4, 2017
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Adam Schefter is reporting that the Ravens have agreed to trade DT Timmy Jernigan to the Eagles.
Rumors first surfaced a few weeks agoย afterย Michael Lombardi of The Ringer mentioned that he had heard the Ravens were discussing the possibility of trading Jernigan now that they’ve re-signed Brandon Williams to a big-money extension.
It was going to be very difficult for the Ravens to pay Jernigan a market-value contract next year after committing to Williams long-term and it appears as though they felt better about moving up in round three this year, as opposed to waiting for a 2019 compensatory pick.
Jernigan, 24, is a former second-round pick of the Ravens back in 2014. He’s currently entering the final year of his four-year, $4.382 million contractย that included $2.126 million guaranteed and is set to make a base salary ofย $1,017,669 for the 2017 season.
According to OverTheCap.com, trading Jernigan will free up $1,017,669 of available cap space while creating $376,891 in dead money for the Ravens.
In 2016,ย Jernigan appeared in all 16 games for the Ravens and recorded 31 tackles, five sacks, an interception, a fumble recovery and three pass defenses.ย Pro Football Focus has him rated as the No. 42 interior defender out of 127 qualifying players.
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