Ravens begin making cuts to create salary-cap space

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After weeks of speculation, the Ravens finally began making moves to clear salary-cap space just two days ahead of the start of the free agency signing period.
Baltimore terminated the contracts of cornerback Shareece Wright and safety Kendrick Lewis on Tuesday afternoon, anticipated cuts that create just under $5 million in cap space. However, their “rule of 51” replacements on the current roster make it closer to $4 million in net savings.
The moves also leave $3.1 million in dead money on the 2017 cap.
Neither termination comes as a surprise as Wright, 29, struggled in his first full season with the Ravens and eventually lost his starting job. He ranked 76th among qualified NFL cornerbacks in Pro Football Focus’ grading system and finished with 52 tackles and six pass breakups in 12 games. Wright’s release comes exactly a year to the day that general manager Ozzie Newsome signed him to a three-year, $13 million contract last offseason.
Wright’s fate appeared to be sealed in January at the season-ending press conference in which owner Steve Bisciotti criticized his 2016 performance after his strong 2015 finish that earned him a contract extension.
“We had Shareece Wright, who actually graded out better than Jimmy [Smith] in the last six weeks of the [2015] season,” Bisciotti said. “We made that one of our priorities that we thought we could lock that down, and Shareece gets away from the fundamentals and loses technique and starts playing poorly. That really set us back, to be honest with you.”
Lewis saw his role diminish dramatically in his second year in Baltimore as the Ravens replaced him and fellow 2015 starter Will Hill with veteran newcomer Eric Weddle and converted cornerback Lardarius Webb at the starting safety spots. The 28-year-old Lewis collected just six tackles and a forced fumble in six games before being placed on injured reserve with a hamstring injury in late October.
The Ravens entered the week with $13.8 million in cap space, but much of that space will be needed to tender restricted free agents and exclusive-rights players before any attempts to re-sign their own unrestricted free agents or outside free agents. More cap-related moves are likely in the coming days as Baltimore tries to revamp its roster in hope of returning to the playoffs for the first time since 2014.