Ray Rice Received $1.588 Million In Grievance Settlement From Ravens – BlackSportsOnline
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Ray Rice Received $1.588 Million In Grievance Settlement From Ravens


Ray Rice won his wrongful termination grievance against the Baltimore Ravens and the terms of that settlement are starting to come out.

Rice and the Ravens ended up settling for $1.588 million, according to sources.

Rice was seeking back pay from his $3.529 million base salary for the 2014 season. The settlement was agreed upon in advance a scheduled hearing before NFL system arbitrator Shyam Das.

Rice was paid a total of $26.588 million on the contract that was signed in July 2012, which included a $15 million signing bonus.

The Ravens were holding $1.44 million against the salary cap since the grievance was filed. The Ravens are $4.604 million under the NFL salary cap limit of $143.28 million heading into free agency on March 10 and the start of the 2015 league year.

After settling in January, the Ravens released a statement saying, “The Ravens agreed to resolve the grievance with Ray Rice. It’s time to turn the page, and we’re moving forward. … We wish Janay and Ray Rice the best.”