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USA Today
4 days ago
- Business
- USA Today
Updated look at Ravens' salary cap space after June 1 designations
Updated look at Ravens' salary cap space after June 1 designations The Baltimore Ravens currently have $22 million in cap space due to the June 1 releases of Justin Tucker and Marcus Williams. June 21 is the official start of summer, but June 1 is a massive date around the league and will likely play a factor in several players moving on or teams taking a risk on a considerable trade. In NFL terminology, June 1 is the final day that teams see all future prorated money accelerate as 'dead money' if a player is released. This morning, Baltimore gained salary cap space, as any player designated for a post-June one release earlier this year will move from the active roster to the dead money side of the books. Baltimore released Marcus Williams and Justin Tucker for performance issues. That salary cap relief will kick in today. According to Over The Cap, the Ravens have $22 million in cap space following the June 1 release of Tucker and Williams. Tucker's play had certainly fallen in 2024, but multiple accusations against Tucker drove his release. His cap number drops from $7.0725 to $2.8725 million. The team will have $4.645 million in dead money in 2026. Tucker is out of the NFL. Williams cap numbers drops from $8.13 million to $6.03 million in 2025. He will also count for $6.03 million in 2026. Williams is not under contract to an NFL team. The Ravens released Marcus Williams before the start of free agency. According to Over The Cap, Williams' cap numbers drop from $8.13 million to $6.03 million in 2025. He will also count for $6.03 million in 2026. By releasing Justin Tucker after the NFL draft with a post-June 1 designation, his cap number drops from $7.0725 to $2.8725 million. The team will have $4.645 million in dead money in 2026.
Time of India
13-05-2025
- Business
- Time of India
Vasna trader loses Rs 28L in online stock trading scam
Ahmedabad: A trader from the Vasna area in the city lodged a police complaint on Monday after being defrauded of Rs 28 lakh, allegedly by people posing as representatives of a stock market trading company. The suspects contacted the victim through 55-year-old victim is a labour contractor and resides in Vasna. On January 9, he received a WhatsApp call from a person claiming to be Anita Rivera, an assistant manager from Angel One's Investment Group. She informed the victim that he was selected for their OTC (Over The Counter) investment trader, who had a 20-year-old account with Angel Broking, believed the caller. He was later added to WhatsApp groups named 'Fortune Chaser 18th' and 'VIP 1002', where members discussed share market group administrators advised the trader to fill out a form and share personal details. He was then instructed to download an app called 'Angel Block Pro' using a link provided through trader was encouraged to invest in low-value shares. The app displayed fake profits of over Rs 62 lakh in the trader's portfolio. Trusting the platform, the trader transferred more money in 13 transactions from his account to multiple accounts between Jan 28 and Feb the trader tried to withdraw the money, he was told to invest more. After repeated refusals to return the money, the fraudsters shut down the app he was cheated, the trader contacted the national cyber helpline and filed a complaint with the police. Cybercrime police registered a complaint of breach of trust and cheating under the BNS Act and the Information Technology Act against unidentified suspects.
USA Today
25-03-2025
- Business
- USA Today
2025 NFL free agency: Contract details for New York Jets CB Brandon Stephens
2025 NFL free agency: Contract details for New York Jets CB Brandon Stephens The New York Jets have put their secondary hopes in the hands of Brandon Stephens. The 28-year-old cornerback was signed to a three-year deal during the first wave of the NFL's 2025 free agency period. The ideal scenario for the Jets would be Stephens seamlessly replacing DJ Reed who left the team during free agency. Until we see Stephens take on that challenge, what many in New York will most be curious about is the contract details relating to the contract he signed. Those deeper numbers have been released. Stephens signed a $36 million contract for those three years. Parts of that will involve various bonuses such as the $10M signing bonus he earned, along with various other factors. What usually matters most to fans is the impact on the salary cap. Mixed into Stephen's deal to help the Jets handle those salary cap numbers are three void years. There are three additional years past the three Stephens agreed to play for the Jets that will hit the team's salary cap from 2028 to 2030 which helps lower his cap numbers. According to Over The Cap, the Jets have backloaded Stephens' three-year deal. His salary cap his are: 2025: $4 million 2026: $14 million 2027: $14 million Factoring in the dead-cap hits, the number tacked onto the Jets' salary cap if New York decided to cut him at any time, Stephens essentially has signed a two-year contract. Stephens dead-cap hits are massive those first two years, $22.9M and $19.5M, respectively. That changes in 2027 as his dead cap drops to $6M. Essentially if the Jets released Stephens in 2025 or 2026, the team would add near $19M and $5.5M in salary cap hits, respectively. In 2027, the Jets can cut Stephens and create $8M in cap space. It's likely in 2027 that the Jets will take one of two routes: Cut Stephens and take that space, or sign him to an extension because they want to keep him while also manuvering his salary cap hit to create salary cap space. Jets Wire will continue to provide updates throughout the 2025 offseason.
USA Today
16-03-2025
- Business
- USA Today
15 biggest salary cap hits for the Ravens in 2025 after the first wave of NFL free agency
15 biggest salary cap hits for the Ravens in 2025 after the first wave of NFL free agency 15 biggest salary cap hits for the Baltimore Ravens in 2025 after the first wave of NFL free agency The Ravens and 31 other teams have started retooling their rosters after the new league year kicked off and NFL free agency began. After making some moves (DeAndre Hopkins) and restructuring cornerback Marlon Humphrey, Baltimore has $11,894,484 in available cap space. The Ravens could gain millions in cap space on March 21 when Lamar Jackson and others are due roster bonuses that dropped their cap hit. With the second wave of free agency set to begin, we're looking at the 15 biggest cap hits for Baltimore via Over The Cap. 1. QB Lamar Jackson 2025 cap hit: $43,650,000 According to Over The Cap, Jackson's roster bonus is due in less than a week, which will reduce his cap hit by $20 million. 2. LB Roquan Smith 2025 cap hit: $23,718,750 3. TE Mark Andrews 2025 cap hit: $16,907,615 4. DT Nnamdi Madubike 2025 cap hit: $16,475,000 5. Odafe Oweh 2025 cap hit: $13,251,000 The pass rusher will play 2025 on his fifth-year option. 6. RB Derrick Henry 2025 cap hit: $12,895,000 7. CB Marlon Humprhey 2025 cap hit: $11,981,800 Humphrey saw his cap hit drop drastically after a Wednesday restructure. 8. DB Marcus Williams 2025 cap hit: $8,823,000 Williams was released, but he'll still carry a hefty cap hit. 9. K Justin Tucker 2025 cap hit: $7,072,500 Tucker could be a cap casualty while awaiting the conclusion of the league's investigation into inappropriate behavior in massage parlors. 10. LB Kyle Van Noy 2025 cap hit: $6,125,000 11. LT Ronnie Stanley 2025 cap hit: $5,804,000 After signing a deal worth $20 million per season, Stanley saw his salary cap hit drop drastically. 12. DB Kyle Hamilton 2025 cap hit: $5,172,074 13. WR Rashod Bateman 2025 cap hit: $5,148,333 14. DE Broderick Washington 2025 cap hit: $4,600,000 15. C Tyler Linderbaum 2025 cap hit: $4,212,185
