While the Ravens were able to re-sign wide receiver Jacoby Jones earlier in the day, cornerback Corey Graham agreed to a four-year contract with the Buffalo Bills on Wednesday.
According to CBS Sports, the deal is worth $16 million and could rise to $19 million with playing-time incentives as Graham was looking for more money and playing time than the Ravens would provide. A Buffalo, N.Y. native, Graham came to Baltimore known primarily as a special-teams player and emerged as a starting cornerback for the Super Bowl XLVII championship team after injuries forced him into a significant role.
The 28-year-old grabbed six interceptions and made 134 tackles in 32 regular-season games for the Ravens after signing a two-year, $3.95 million contract in 2012. His biggest claim to fame came in the 2012 divisional round when he twice picked off Denver quarterback Peyton Manning, returning one for a touchdown and securing a second to set up the Ravens on a short field in overtime that eventually led to the game-winning field goal.
After struggling in the season-opening loss to the Broncos last season, Graham was replaced by Jimmy Smith as a starter and served as the No. 3 corner for the remainder of the year. His departure leaves Chykie Brown and Asa Jackson in a competition for the third spot in the nickel package, but the Ravens are likely to add another cornerback via free agency or the draft to bolster their depth.