The Ravens signed a free agent from outside the organization.
According to this report in the Chicago Tribune, the Ravens signed special teams ace Corey Graham to a two-year deal. Formerly of the Bears, Graham was a Pro Bowler last season. The Ravens later confirmed the deal in a press release.
Graham is also a defensive back, but it appears the Ravens wanted him for his special teams prowess. On the depth chart, he will more than likely be the fourth cornerback.
Graham was originally drafted by the Bears in the fifth round of the 2007 draft.
According to multiple reports, the Ravens also agreed to re-sign linebacker Brendon Ayanbadejo. The 35-year-old has spent the past four seasons with the Ravens after spending time with Miami and, you guessed it, the Bears. The team also confirmed Ayanbadejo signed a three-year contract to remain with the Ravens.
Ayanbadejo is a three-time Pro Bowl selection.
Update: The Ravens announced that they've re-signed linebacker Jameel McClain to a three-year deal. He was originally signed as an undrafted free agent by the Ravens prior to the 2008 season.
McClain recorded 81 tackles, one sack and a touchdown.
In another move to improve special teams, the Ravens signed journeyman safety Sean Considine.
Safety became an area of concern for the Ravens when Tom Zbikowski and Haruki Nakamura left in free agency. Considine, a seven-year veteran, has bounced between the Cardinals, Panthers, Eagles and Jaguars in his career.