Watch CBS News

Pitta Took A Huge Pay Cut To Stay With The Ravens

BALTIMORE (WJZ) -- Baltimore Ravens tight end Dennis Pitta took a $2.5 million pay cut for the next two seasons to remain with the team.

This is the second straight season that Pitta has accepted a pay cut.

RELATED: Ravens TE Dennis Pitta Is Back In Action After 2 Hip Injuries

Pitta will make $2.5 million in base salary in 2017 along with a $500,000 roster bonus. He also opted to reduce his 2018 base salary to $3 million. This move gives Baltimore an additional $2.5 million in cap space in 2017 and 2018.

He reduced his salary last season by $4 million, but he also made $3 million of that back by reaching incentives.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.