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Ravens and Rice No Closer to Extension

The two sides are still millions apart.

The Ravens and Ray Rice have said publicly how much they’d both like to get a long-term contract done so Rice can stay in Baltimore for years to come.

So far, that has not happened, as Aaron Wilson of the Carroll County Times reports the two sides are not close to resolving the matter with the franchised running back.

If there is no deal by Monday, Rice would play under the franchise tender of $7.7 million in 2012. He may also sit out of Training camp which is a common tactic for Franchised players to show their displeasure with the tag.

If a deal is struck for the former Rutgers star, it’s expected to mirror the recent deals signed by Houston Texans running back Arian Foster and Philadelphia Eagles running back LeSean McCoy. Both signed 5-year deals for around $45 million dollars, $20 of which was guaranteed.

Some reports indicate that Rice’s agent, Todd France wants a deal more in line with Tennessee Titans running back Chris Johnson. Johnson signed his contract in 2011 which was reportedly a 4-year extension worth $53 million with $30 million guaranteed.

If that’s the case there is a lot of money separating the two sides and it appears unlikely that Rice’s extension will be taken care of before the deadline or during the regular season.

Maybe there was reason why Baltimore moved up to draft Temple star Bernard Pierce in the Third round. Are they already preparing for Rice to bolt after a second Franchise tag is used next season?


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