Webby Restructures

[Tenacious Faulker]

https://twitter.com/RavensInsider/status/577933855132372992

 

Per Aaron Wilson via Twitter.  I wonder how much space they'll save and if  it was a pay cut or converting his base salary to bonus money?

[Ravenatic20]

Either way it helps. Glad that's done!

[rafahash]

Finally!

[PurpleCity5]

I don't think the savings are impressive, they're probably out to sign some low priced FA's. 

[Wildabeast88]

As of now there are still no details on the deal that I can find

[rafahash]

Jason La Canfora ‏@JasonLaCanfora  51s52 seconds ago

Lardarius Webb agreed to a restructured deal, making $6M in 2015 rather than previously scheduled $8.5M. True team player. Big for Ravens

[757RavensFan]

The savings will probably be used to sign more of our own guys back.

[H8R]

Who's getting paid?

[rafahash]

Jason La Canfora ‏@JasonLaCanfora  1m1 minute ago

This wasn't a normal restructuring that puts the same money in player's pocket, and actually puts it there sooner. Webb taking less to stay

[juanman7]

The savings will probably be used to sign more of our own guys back.

Which of our guys are left to be resigned?

[52520Andrew]

Jason La Canfora ‏@JasonLaCanfora  1m1 minute ago

This wasn't a normal restructuring that puts the same money in player's pocket, and actually puts it there sooner. Webb taking less to stay

 

Okay lets give Webb some serious props for this

[Clmraven]

Props to Webb. Any word on how much cap space this frees up? Might be time to look into a FA wide out maybe bowe or Greg Jennings.

[52520Andrew]

Props to Webb. Any word on how much cap space this frees up? Might be time to look into a FA wide out maybe bowe or Greg Jennings.

 

Jason La Canfora ‏@JasonLaCanfora  9m9 minutes ago

Lardarius Webb agreed to a restructured deal, making $6M in 2015 rather than previously scheduled $8.5M. True team player. Big for Ravens

 

2.5 mil freed up according to this

[gabefergy]

Just gave up $2.5M. That is a move that only helps the team.

[Jon_21]

Jason La Canfora is reporting a $2.5M cut from $8.5M to $6.0M in base salary.  I thought his base salary is $8.0 for 2015 (that is what overthecap shows). Not a huge difference but that $500K can matter when it comes to what you're carrying into the season. 

 

Great move on Webb's part.  Hopefully we can extend 2 of Jimmy/KO/Yanda in the next little while.

[codizzle]

Now extend tucker asap and one of jimmy/KO/yanda

[Ravenslifer]

2.5 million, actually pretty significant, almost 30 percent of his salary.

[rafahash]

Aaron Wilson ‏@RavensInsider  2m2 minutes ago

Lardarius Webb to make $6 million 2015 instead of $8 million in restructured deal, due to make $18 million over next three yrs, per sources

 

So we save 2M, not 2.5

[BmoreBird22]

 

Aaron Wilson ‏@RavensInsider  2m2 minutes ago

Lardarius Webb to make $6 million 2015 instead of $8 million in restructured deal, due to make $18 million over next three yrs, per sources

 

So we save 2M, but I don't like that we'll pay him 6m/year for the next three years.

 

With him taking a straight pay cut, he's cuttable next season.

[pep_meister]

 

Aaron Wilson ‏@RavensInsider  2m2 minutes ago

Lardarius Webb to make $6 million 2015 instead of $8 million in restructured deal, due to make $18 million over next three yrs, per sources

 

So we save 2M, but I don't like that we'll pay him 6m/year for the next three years.

 

if he's healthy and plays like webb of 2011 6m a year is nothing. but thats a big if. props to him. wow

[RavensFanInCA]

 

Aaron Wilson ‏@RavensInsider  2m2 minutes ago

Lardarius Webb to make $6 million 2015 instead of $8 million in restructured deal, due to make $18 million over next three yrs, per sources

 

So we save 2M, but I don't like that we'll pay him 6m/year for the next three years.

 

 

Considering he had a based of 8m this year, 8m next year, and 8.5m in 2017 (club option?), 18m for 3 years at 6m/yr is a decent chunk of savings.

[codizzle]

if he's healthy and plays like webb of 2011 6m a year is nothing. but thats a big if. props to him. wow

I'd expect it... As long as nothing is lingering with his back

[rafahash]

Considering he had a based of 8m this year, 8m next year, and 8.5m in 2017 (club option?), 18m for 3 years at 6m/yr is a decent chunk of savings.

 

I actually edited my post before you quoted it because I thought exactly that. You're absolutely right.

[52520Andrew]

Lardarius Webb ‏@LWebb21  3m3 minutes ago

Thanks @Ravens fans for all the support. #Raven4life

[Willbacker]

Sometimes its better to take a paycut than be cut. If cut he might not have been able to get 6 mil on the market. Good move.

[cobrajet]

YES! Cool deal, thank you Webby! We needed that cap space. 

[Alexir]

Wonder what we are freeing money up for. Glad he could help us out.

[hawkprey]

Gotta love Webb. He played great once he got healthy.

[Daft Classic]

Wonder what we are freeing money up for. Glad he could help us out.

Not much left on the CB and TE market. WR is a little dry as well but a bit more fruitful. I think they are saving it for draft picks and extending Jimmy/Tucker/Yanda (Yanda and Jimmy's extensions also possibly providing more cap relief!)

[Static]

He played excellent towards the end of the year and went into the off season healthy.

He could very well have a great year