Baltimore Ravens sign TE Durham Smythe

This signing grades out as a slight overpay for the Baltimore Ravens — the team is getting approximately what they're paying for in on-field production. Durham's on-field performance ranks in the bottom quartile among NFL TEs, grading him as an unproven at the position. His $3.0M average annual value ranks as bargain money for the TE market. The production lines up closely with the price tag — unproven production at bargain money, which is essentially paying fair market value. Durham is squarely in his prime, which adds to the deal's upside — the team should get multiple productive seasons out of this contract. The one-year deal minimizes the team's financial risk, effectively making this a prove-it contract.