BALTIMORE, Feb. 28 (UPI) -- After the two sides were reportedly far apart last week during negotiations, the Baltimore Ravens and Dennis Pitta have agreed to a five-year, $32.5 million contract worth about $6.5 million annually.
Ravens have reached a five-year deal with tight end Dennis Pitta, according to league sources— Aaron Wilson (@RavensInsider) February 28, 2014
Ravens and TE Dennis Pitta reached agreement on a five-year deal, as @RavensInsider reported.— Adam Schefter (@AdamSchefter) February 28, 2014
The deal puts the tight end in the top ten at his position in terms of compensation.
Ravens TE Dennis Pitta's five-year deal is worth about $32.5 million.— Albert Breer (@AlbertBreer) February 28, 2014
Per league source, the new contract for Ravens TE Dennis Pitta is expected to average between $6 million and $7 million per year.— ProFootballTalk (@ProFootballTalk) February 28, 2014
Pitta caught 61 passes for 669 yards and seven touchdowns in 2012 but missed the majority of 2013 after suffering a hip injury in July. He came back in December and totaled 169 yards and a touchdown in four games.
The Ravens will now attempt to re-sign free agent tackle Eugene Monroe who was acquired in a midseason trade with the Jacksonville Jaguars.