The value for Ravens to bring back Odell Beckham Jr.

OWINGS MILLS — While wide receiver Odell Beckham Jr. did not have gaudy statistics for the Ravens, he did add a swagger to the offense that has not been seen in several years.

Quarterback Lamar Jackson clamored for general manager Eric DeCosta to sign Beckham before last season, and the two had an almost instant rapport.

Beckham was slated to become an unrestricted free agent this offseason, but the Ravens reworked his one-year, $15 million deal in January, removing the void years in 2024 and 2025, according to Brian McFarland, the Ravens Salary Cap & Organizational Analysis for Russell Street Report.

That means the Ravens can spread out close to $12 million in dead money — the salary cap space a team must allocate to a particular player who has been cut — over two years if Beckham is released after June 1st. Beckham has a market value of $11.9 million in 2024, according to Sportac, which is a contract that could be a challenge for the Ravens, who will have about $8.8 million in salary cap space.

Still, the Ravens must consider the value he adds to the roster because of his presence in the locker room and potential big-game ability. Beckham appears willing to re-sign with the team.

“I mean, I absolutely love this place,” Beckham said after the AFC Championship Game against the Chiefs. “I don’t know the political answer to that question, but I’ve enjoyed every single moment. I always talk about [how when] I went to the Rams, it made me fall in love with football again, and being here … Coach ‘Harbs,’ Steve [Bisciotti], ‘EDC’ … This felt like a home.”

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