Ravens on Ray Lewis: Offer still there, but deal not getting done right away

February 27, 2009 | Drew Forrester

As the Friday Free Agent Frenzy reaches Happy Hour, I continue to plod along trying to find out about the most important “cog” in the Ravens’ free agent wheel.

Ray Lewis.

What’s going on with 52?  All day, we’ve heard about Bart’s bite out of the Big Apple and Jason Brown’s trip to St. Louis.

What about Ray?

A Ravens source tells me there were discussions with Ray’s agent/firm (David Dunn, Ray’s “official” representative is currently not permitted to negotiate on Ray’s behalf after being suspended by the NFLPA) on Thursday and that both parties now understand this is NOT a decision that will come down over the next 2-3 days.

“It appears that Ray isn’t in a hurry to make a decision,” says the source.  “For the first time in his career, he’s a free agent.  He’s doing what all free agents do, I suppose.  He’s seeing what interest is out there from all potential teams.  But we’ve made it clear he’s important to us.”

Lewis was offered a deal that included a $12 million signing bonus last August but turned it down.

A report surfaced on Thursday that the Ravens had increased their offer to include a little over $17 million in guaranteed monies but Lewis did not accept the proposal on Thursday or Friday.

The Ravens source says the team is not threatening to take the offer off the table.  “This is day one of free agency.  Some of the deals happen quickly, others take time.  We want Ray.  He knows that.”