The Baltimore Ravens and cornerback Jimmy Smith reportedly agreed to a restructured contract in order to give the franchise $4.5 million in additional cap space.
Field Yates of ESPN reported Thursday the Ravens converted $6 million of the defender's $7 million base salary into a signing bonus to create the financial flexibility. Jeff Zrebiec of the Baltimore Sun, citing NFL Players Association records, confirmed the news.
Read more Baltimore Ravens news on BleacherReport.com
from Bleacher Report - Baltimore Ravens http://bleacherreport.com/articles/2623554-jimmy-smith-ravens-agree-to-new-contract-latest-details-and-reaction
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