Exactly correct. Per @Jason_OTC The effective net cap space for the entire #NFL (with $176M cap and 51 contracts) is $47.9M.

The @Ravens have $14.2M, 29.6% of the total space.

Translation: A lot of UFAs league-wide will be signing cheap, 1-year deals for 2021.#RavensFlock https://t.co/r16yQspKO4

— Ken McKusick (@FilmstudyRavens) January 26, 2021