Ray Rice’s Settlement with Baltimore Ravens Revealed

The amount of the settlement former Baltimore Ravens running back Ray Rice will be compensated after settling his wrongful termination grievance against the team has been divulged.

Rice will collect $1.588 million of the $3.529 million base salary for the 2014 season. The team and Rice agreed to the deal before the argument went before NFL system arbitrator Shyam Das.

Rice had already received $26.588 million of the $35 million contract he signed in July 2012 when the Ravens terminated his contract in September of 2014. That contract included a $15 million signing bonus, the highest ever for a running back.

Rice’s contract termination followed the release of a graphic video depicting Rice’s physical abuse of his girlfriend, Janay Palmer, whom he later married. Rice filed his grievance in October. After the Ravens reached the settlement, the team stated: “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.”

Some sources told the Baltimore Sun said the two sides did not want a protracted battle. They had already warred over Rice’s indefinite suspension in November by former federal judge Barbara S. Jones. Another source said the NFL wanted a quicker solution to prevent the establishment of a precedent using the collective-bargaining agreement that would inhibit teams’ blanket rights to cut players.

Since October, when the grievance was filed, the Ravens have kept $1.4 million against the salary cap. They are currently $4.6 million under the NFL salary cap limit of $143.28 million.