After finishing second on the Ravens in tackles in 2011, linebacker Jameel McClain tested the open market as a free agent last spring.
The Ravens ranked last in the NFL in available salary cap space until earlier this week, when they signed Ray Rice to a five-year deal that lowered his 2012 cap number by 2.7 million.
Ray Rices last-minute deal was one of the major storylines of Franchise Tag Deadline Day, with more than one national pundit expressing surprise that a deal got done.
The countdown for Ray Rice to land a contract extension is down to the final hours.
The Pro Bowl running back has until Monday at 4 p.m. to agree to terms with the Ravens.