The franchised running back agrees to a five-year contract with the Ravens.
The deal is reportedly worth $35 million with $5 million in performance incentives for a max of $40 million , according to the NFL Network’s Albert Breer, making Rice one of the highest-paid running backs in the NFL.
He reportedly will get $17 million in the first year of the contract and $25 million over the first two seasons. CBSSports’ Jason La Canfora reports that $24 million is guaranteed.
All the details here.