Jeff Zrebiec of the Baltimore Sun reports that the Ravens are re-signing WR Michael Campanaro to a new one-year contract worth a maximum value of $2 million.
The Ravens previously placed an original-round tender on Campanaro that would have cost them around $1.797 million for the 2017 season. However, it looks like they agreed to a separate contract altogether.
Zrebiec points out that this new deal will actually free up $600,000 of cap space for the Ravens.
Campanaro, 26, is a former seventh-round pick of the Ravens back in 2014. He was in the third year of his four-year, $2.287 million rookie contract when the Ravens waived him with an injury designation last year.
Campanaro later reverted to the Ravens’ injured reserve list after clearing waivers before he was cut loose a few weeks into the regular season. The Ravens signed him to their practice squad before later calling him up towards the end of the season.
In 2016, Campanaro appeared in three games for the Ravens and rushed for 72 yards on three carries to go along with no receptions. He also contributed 63 punt return yards.
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