Ray Rice was the second leading rusher in the NFL in the 2011 season and had over 2,000 yards from scrimmage. Even though he performed as one of the best running backs in the NFL, it is reported that Ray Rice only earned $555,000 in 2011. It would be nice if the Baltimore Ravens could sign him to a long term deal, but it looks as though he may get the franchise tag.
The deadline is March 5th for the franchise tag, so hopefully a long tem deal would get signed by then. If the Baltimore Ravens give Rice the franchise tag he would get a one year deal worth 7.7 million. The worst case scenario would be if Ray Rice decides to hold out for a long term deal like Chris Johnson did last season for the Tennessee Titans.