Sources: Rice, Ravens Reach $40M Deal
Nov 30, 2014 8:26 AM
The Ravens have agreed to a five-year, $40 million deal with Ray Rice, according to sources.
The deal will pay the running back $17 million in the first year and $25 million in the first two years.
Baltimore had placed their franchise tag on Rice in March and the sides had until Monday afternoon to reach an agreement.
ESPN.com
Tags: Baltimore Ravens, Terms Agreement,