The Ravens confirmed on Sunday that they've agreed in principle to a five-year deal with pass-rushing specialist Elvis Dumervil, a three-time Pro Bowl selection with the Broncos.
The Baltimore Sun said that ESPN is reporting that it can be up to a $35 million deal. ESPN's Adam Schefter said that Dumervil will get a base salary of $1 million this season with a signing bonus of $7.5 million. He'll earn $8.5 million in 2013 but the cap number is just $2.5 million, which greatly helps the Ravens.
Schefter also reported that the Ravens "also gave Elvis Dumervil $3.5 million injury guarantee on next year's option bonus, making it $12 million in guaranteed $ from BALT."
The team said, in a press release, that they expect Dumervil to be in town Tuesday for a physical and lock up the deal. He played his first seven seasons with Denver and has a total of 264 tackles, 63.5 sacks, 17 forced fumbles, nine fumble recoveries.
Last year, he posted 54 tackles, 11 sacks and earned his third trip to the Pro Bowl.
"As we have from the start of this process, we worked diligently over the last week to find a way for Elvis Dumervil to remain a Denver Bronco," Broncos vice president John Elway said in a statement reported in the Denver Post on Sunday. "Although we made multiple contract offers to Elvis after being forced to release him, we were unable to reach an agreement and are now moving forward without him."
Dumervil's going to help the Ravens re-tool the defense they badly wanted to fix. The Ravens have lost several key players from last year's Super Bowl-winning defense so far, but this is the biggest one they've brought in.
He will help improve the Ravens' pass rush, which was inconsistent at times in 2012. But with Terrell Suggs back to full strength, the Ravens should be much better in that department in 2013.
Dumervil became a free agent due to a bizarre fax snafu involving Marty Magid, who was his agent when negotiating to stay with Denver. They agreed on his salary for 2013, but the required paperwork didn't get to the right offices by the deadline on March 15, reportedly arriving a few minutes late, and Denver then terminated his contract.
The Broncos kept negotiating with his new agent, but the Ravens won out on this one.