Baltimore Ravens Confirm Nelson Agholor’s Contract Extension Amidst Odell Beckham Jr. Salary Cap Implications

Odell Beckham Jr.’s future with the Baltimore Ravens looks shakier than ever. Especially after the Ravens are making moves in the wide-out department. The Ravens’ contract with their receiver Nelson Agholor took a huge turn for the good and the whole NFL community is still looking for answers on OBJ’s uncertain stance with the Baltimore team amidst this new update.

Some information about the Baltimore Ravens’ dealings has come through and matters seem to be looking positive for the wideout Agholor. As far as OBJ is concerned, his path going into the future might not be clear to football enthusiasts. At this point, a lot of teams are struggling with managing their cap space and the Ravens might have found a way to create something out of nothing.

A day of joy for Nelson Agholor as OBJ takes a backseat

Some sources, including Adam Schefter on Instagram, confirmed that the Baltimore Ravens have signed the wideout Nelson Agholor for a contract extension of one more year. His post on IG is captioned, “Ravens signed WR Nelson Agholor to a one-year contract extension.” Later on, it was confirmed by the Ravens on their X account.

“We have signed WR Nelson Agholor to a one-year contract extension!” said the Baltimore Ravens’ account on the social media platform. The financial details of Agholor’s contract extension are not revealed yet. All we know is the fact that he is carrying a cap hit of $417,000 this year and is also eligible for a signing bonus of $417,000. He will be a free agent again by this time next year unless the Ravens decide to give him a franchise tag.

While things are looking up for Nelson Agholor, the same can’t be said about Odell Beckham Jr., whose contract is also nearing an end with the Baltimore Ravens.

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Will the Ravens get OBJ back?

Beckham Jr. signed a $15M deal to stay with the Ravens for a year. Now his time with the team has come to an end after the 2023 season. The Baltimore team gave him a heavy bonus when he joined them for the year, but matters look slightly different this time around as there is no update on the Ravens wanting to extend their contract with him. If he chooses to play with the same team, though, he will carry a cap hit of $11,068,000 and a dead cap value of $11,068,000 as well.

The problem with OBJ is that he does not fall in the category of young WRs anymore, which mostly is where the interest of franchises lies. Another reason he might not get signed with the Ravens is that he finished his season with not the most exceptional numbers. He had 565 yards and 3 touchdowns to show for the whole season, and that’s without suffering any major injuries.

The chances of the Ravens signing him seem weak by the day. What do you think? Let us know your thoughts below!

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