These 48 players are under contract for a total Salary Cap commitment of just over $112.719M, which includes the dead money from the releases and retirements of players who are no longer on the roster.
ADJUSTED SALARY CAP: The league has announced that the Salary Cap for 2013 will be $123M. For the Ravens, this number will be adjusted upwards by the carryover of $1.182M from the 2012 Salary Cap, but adjusted downward by the cost of offseason workout bonuses of $504K that all teams must carry against their Salary Cap. This yields an Adjusted Salary Cap number of $123.678M. This is the number that the Ravens must be under as of 4:00 pm on Tuesday, March 12, and they must stay under that amount from that time until the end of the 2013 league year.