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Madubuike agreed to a four-year, $98 million deal with the Ravens on Friday, Adam Schefter of ESPN reports. Baltimore placed the franchise tag on Madubuike less than a week ago, but the two sides have now come to a long-term extension. According to Schefter, $75.5 million of Madubuike's contract is guaranteed and he received $53.5 million at signing. The 26-year-old defensive lineman is coming off the best season of his career, recording 56 total tackles, including 13.0 sacks, while also forcing two fumbles and receiving second-team All-Pro honors in 2023. Madubuike is now the second-highest paid interior defensive lineman in the NFL with a $24.5 million annual salary, and he's expected to continue wreaking havoc on opposing offenses for years to come.
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The Ravens officially placed the franchise tag on Madubuike on Tuesday. Madubuike will earn $22.1 million in guaranteed money for the 2024 campaign if he plays on the franchise tag, but he and Baltimore have until mid-July to continue negotiating a long-term deal. The 2020 third-round pick is coming off a breakout season in which he racked up 38 tackles, 13.0 sacks and two forced fumbles across 17 regular-season games, while earning his first Pro Bowl nod. In his previous three seasons combined, Madubuike had totaled 8.5 sacks.
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General manager Eric DeCosta said Tuesday that Madubuike will likely receive the Ravens' franchise tag if the team and the defensive tackle aren't able to come to an agreement on an extension before March 5, Jeff Zrebiec of The Athletic reports. Madubuike enjoyed a breakout 2023 campaign in which he set career highs with 38 tackles, 13.0 sacks and two forced fumbles while earning his first Pro Bowl trip. Though the 25-year-old appears unlikely to reach the open market, he would be considered one of the best options available at any position if he were to become a free agent.
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Madubuike has entered the concussion protocol following Sunday's win over the Chargers. Madubuike recorded half a sack during Sunday's primetime matchup but apparently sustained a concussion and will have several steps to clear before he can return to action. However, he'll have additional time to recover since the Ravens have a Week 13 bye before facing the Rams on Dec. 10.
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The Ravens activated Madubuike (illness) from the reserve/COVID-19 list Thursday. Madubuike was placed on the COVID-19 list last week and was unavailable for Sunday's loss to the Bengals. However, he should reclaim his starting role for Sunday's Week 17 matchup against the Rams.
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| WK | DATE | OPP | OPP RANK |
|---|---|---|---|
| 10 | 11/07 | Cincinnati | 24 |
| 11 | 11/17 | @Pittsburgh | 18 |
| 12 | 11/25 | @Los Angeles | 21 |
| 13 | 12/01 | Philadelphia | 2 |
| 14 | BYE | - | - |
| 15 | 12/15 | @New York | 32 |
| 16 | 12/21 | Pittsburgh | 18 |
| 17 | 12/25 | @Houston | 6 |
| 18 | 01/05 | Cleveland | 28 |