vmax Posted March 2, 2012 Posted March 2, 2012 Nothing new... Ray Rice said over and over that he didn’t plan on leaving Baltimore this offseason. Now, it appears that plan will come true. The Ravens applied the franchise tag to Rice on Friday, which will keep him from becoming an unrestricted free agent and pay him about $7.7 million as part of the one-year deal. His four-year rookie contract was set to expire in March. “As we have in the past, placing the franchise designation on a player allows us to keep negotiating on a long-term contract,” Ravens General Manager Ozzie Newsome said. “Our goal is to keep Ray Rice a Raven. We’ve done this with other outstanding players through our history, including Haloti Ngata a year ago.” Franchising Rice guarantees that he’ll be back in Baltimore for at least one more season, but more importantly, it buys time for the two sides to work out a long-term deal before the start of the season.http://blogs.baltimoreravens.com/2012/03/02/ravens-assign-franchise-tag-to-rice/?module=HP11_headline_stack The Ravens need to get a long term contract done now. They need the CAP money to shop...and that's the ax Rice's agent has over Ozzies head.
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