Ravens give Terrell Suggs contract extension

The Ravens signed linebacker Terrell Suggs to a contract extension, reports the Baltimore Sun. The deal is worth four years and $28.5 million.

"It's just really a great day for me, and I'm truly flattered," said Suggs on Monday. "I'm honored that I get to be a Raven for life."

The new contract, which extends through 2018, includes an $11 million signing bonus and $16 million in guaranteed money. It also cut Suggs' salary cap figure to $7.8 million, down from the original figure of $12.4 million under his previous six-year, $62.5 million deal, which was set to expire following the 2014 season.