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Michael Pierce takes pay cut, Ravens gain cap space

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Mike Florio and Chris Simms discuss how Lamar Jackson not having an agent complicates his situation, how teams are publicly not interested in pursuing the QB and NFL teams' issues with guaranteed contracts.

Defensive tackle Michael Pierce has agreed to a change in the three-year deal he signed with the Ravens last year.

Tom Pelissero of NFL Media reports that Pierce has agreed to a pay cut as part of a restructured contract ahead of the start of the 2023 league year. The move will clear $2.668 million in cap space for Baltimore.

Pierce was set to make $4 million between his base salary and a workout bonus. His cap number was $5.905 million.

Pierce spent his first four NFL seasons with the Ravens, but spent a couple of years with the Vikings before returning in 2022. Pierce tore his biceps in Week Three and missed the rest of the season.