Ray Rice and the Baltimore Ravens have agreed to a five-year contract extension, according to Albert Breer of NFL Network. The news comes down right at Monday's 4 p.m. ET deadline, which means both sides were working up against the clock. .
Breer can share credit with Ravens fullback Vonta Leach for breaking the story. With only 20 minutes until the deadline, Leach wrote on his Twitter account:
@RayRice27 seen arriving at #Ravensfacilities bout 15 minutes ago.
— VontaLeach44 (@vleach44) July 16, 2012
That sparked the flurry of reporters honing in on Rice's deal.
We'll wait for the specific numbers but a running back in a similar situation, Matt Forte, signed a four-year contract that averaged $8 million per season.
For more on the Ravens and Ray Rice, check out SB Nation's Ravens blog,Baltimore Beatdown.