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Ravens hesitant to dive into free-agent wide receiver market

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At the organizationโ€™s season-ending press conference a few weeks ago, Ravens general manager Ozzie Newsome identified a need to upgrade the wide receiver position as one of his biggest priorities in the off-season.
But with other positions to address and only so much salary cap room with which to work, it appears the organization will not depend on a free-agent market full of talented wide receivers to acquire a premier receiver to move to the top of the depth chart with veteran Anquan Boldin and young Torrey Smith.
NFL teams have until March 5 to potentially use their franchise tag to retain top-notch talent, but elite receivers such as San Diegoโ€™s Vincent Jackson, New Orleansโ€™ Marques Coltston, and Kansas Cityโ€™s Dwayne Bowe do not appear to be on the Ravensโ€™ radar should they make it to the open market beginning March 13. While anything team executives and coaches say should be taken with a grain of salt with free agency still over two weeks away, coach John Harbaugh doesnโ€™t foresee the Ravens making a major splash to acquire an elite receiver on the open market.
โ€œI donโ€™t know how realistic it is, but weโ€™re definitely going to explore it,โ€ Harbaugh said. โ€œI donโ€™t see us spending high numbers on a wide receiver. We just donโ€™t have the cap room, and it wouldnโ€™t be a smart way to distribute the money.โ€
Of course, his statement doesnโ€™t completely rule out the possibility and the organization will likely be interested in a second tier of free-agent wideouts that would include Indianapolis veteran Reggie Wayne and New Orleansโ€™ Robert Meachem, but it appears the Ravens will rely on the draft if they want to acquire a receiver with huge upside.
Newsome remains open to using the teamโ€™s 29th pick in the first round to draft a wide receiver, and a number of attractive prospects could be available such as Notre Dameโ€™s Michael Floyd, LSUโ€™s Reuben Randle, and Mohamed Sanu of Rutgers.
The possibility of potentially pursuing Steelers wide receiver Mike Wallace appears highly unlikely based on Newsomeโ€™s comments in Indianapolis on Friday afternoon. Wallace is a restricted free agent, meaning the Ravens would not only have to sign the speedy wideout to a contract too rich for Pittsburgh to match but they would also have to to forfeit their first-round pick to bring him to Baltimore.
The Ravens have always valued their first-round choices over the years, which isnโ€™t difficult to understand considering how successful theyโ€™ve been in finding prime talent that comes at an affordable price. Paying a premium price for Wallace in addition to forfeiting their top pick just doesnโ€™t sound appetizing to Newsome.
โ€œThe problem with going after restricted free agents is, at that point, the player and the agent have the leverage,โ€ said Newsome, who was not asked specifically about Wallace nor did he mention him by name. โ€œYou have to do a deal that you donโ€™t think the other team will match. Then, giving up a first-round pick and with the new rules, the amount of money you have to pay over the first four years is not like it was on the previous [collective bargaining agreement].โ€
The Ravens will continue to evaluate all possible options and arenโ€™t going to tip their hand this early in the process, so nothing can be ruled out at this point.
โ€œIf you get the right player โ€“ like Ozzie says โ€“ for the right price, thatโ€™d be something weโ€™d be looking at,โ€ Harbaugh said.

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