NFL Rumors: Odell Beckham Jr. to Be Released by Ravens After Contract Restructure

The Baltimore Ravens are expected to release wide receiver Odell Beckham Jr. before midnight on Wednesday.

ESPN's Dan Graziano explained why the Ravens will formally release Beckham with a post-June 1 designation after restructuring his contract in January:

Beckham signed a one-year deal worth up to $18 million last offseason. He finished the 2023 campaign with 35 catches for 565 yards and three touchdowns.

The Ravens have seen a host of departures from their 13-4 team, which earned the AFC's No. 1 seed before falling to the eventual Super Bowl champion Kansas City Chiefs in the AFC Championship Game.

Players who have left via free agency or trade include running back Gus Edwards, right tackle Morgan Moses, guard John Simpson, safety Geno Stone and linebacker Patrick Queen.

Now it appears Beckham will head elsewhere after just one season in Baltimore.

The Ravens have a bona fide No. 1 wideout already in Zay Flowers, and they have depth behind him in Rashod Bateman and the re-signed Nelson Agholor. But sans Beckham, they could still use more reinforcements at the position to help reigning MVP quarterback Lamar Jackson.

Baltimore has already done work on offense to do just that, notably signing ex-Tennessee Titans superstar running back Derrick Henry. But it wouldn't be a surprise to see the Ravens use an early draft pick on a receiver once again to bolster the offense.