The Ravens have finished getting their entire draft class under contract with their most important pick coming last.
This morning, first-round safety Matt Elam agreed in principle to a four-year rookie contract, which includes a fifth-year option. The deal is worth $6.767 million and includes a $3.301 signing bonus, according to The Sun.
Elam is expected to officially sign his contract when he reports to training camp on July 21.
The Ravens drafted the 5-foot-10, 210-pound defensive back out of Florida with the 32nd overall selection in this year's draft. He played in 39 career games for the Gators, starting his final 26 at strong safety. Elam finished his career with 176 tackles (124 solo), including five sacks and 24 takedowns for loss. He added six career interceptions (91 return yards) and 13 passes defensed.
He was named a first-team All-American last season, becoming just the second Florida safety to earn that honor.
Secondary coach Teryl Austin provided his early impression of Elam at the team's mandatory mini-camp in June.
"(He's) going through the usual changes that a rookie goes through, but he's smart. He's tough, he's fast, he gets football, and I think he is going to be a fine player for us soon," Austin told reporters. "It's a different deal going from college to pro, but it's still playing football. So, he has to learn our scheme. He has to learn how we like the guys to line up - what calls we make. So, he has a lot of things to learn, but he's learning them, because he is bright, and he gets football. He has a lot of stuff to work on, and our job is to get him there by the season."
Just before the announcement, Elam tweeted: