Baltimore converted just shy of $9 million of Humphrey’s $10 million base salary into a signing bonus and spread it out over the remainder of his deal.
This gives the Ravens some wiggle room, as they were previously last in the NFL in cap space.
Humphrey, 26, was a first-round pick of the Ravens back in 2017. He was in the final year of his four-year, $11.9 million contract that’s fully guaranteed and set to make a base salary of $2.08 million for the 2020 season when he agreed to a five-year, $98.75 million extension last year.
Humphrey was set to make base salaries of $10 million and $10.5 million over the next two seasons.
In 2021, Humphrey appeared in 12 games for the Ravens and recorded 58 total tackles, one interception, a forced fumble and 13 pass deflections.