The Ravens have designs on keeping cornerback Jimmy Smith through 2015 and beyond.
The club will exercise their right to extend Smith’s contract for a fifth year and would like to further extend his deal, head coach John Harbaugh said at the NFL meetings in Orlando on Tuesday, according to an interview transcript from the Pro Football Writers of America.
“We have no doubt that we’ll be investing the option in Jimmy when the time comes,” Harbaugh said, according to the PFWA. “We are hopeful that we can sign Jimmy long-term. That will be our goal.”
Smith’s four-year rookie deal expires after this season, but the CBA allows the Ravens to keep Smith for a fifth year by tendering him a contract before May 3, 2014.
The No. 27 pick in the 2011 draft, Smith, if tendered for 2015, will receive a one-year contract for the “cap percentage average” of the third-through-25th-highest salaries at cornerback for 2014, per the CBA.
Harbaugh also again indicated Tuesday that the club also wanted to sign wideout Torrey Smith to a contract extension. Torrey Smith was the Ravens’ second-round pick in 2011. Like Jimmy Smith, he is in the last year of his deal, but the Ravens do not have a club option for 2015 save for the franchise or transition tags.