ESPN reported that the 28-year-old Alexander was getting a one-year deal with a base value of $4 million and another $2 million in incentives.

CLEVELAND, Ohio — The Baltimore Ravens have won the Jaire Alexander sweepstakes, signing the former All-Pro cornerback to a one-year deal worth $4 million, per Adam Schefter. Alexander’s deal will include the ability to earn $2 million more in incentives, and a max value of $6 million.

After news of the signing broke, Alexander was greeted by Lamar Jackson, and then posted this message for Baltimore fans. Alexander adds elite depth to a corner group that includes All-Pro Marlon Humphrey, 2024 first-rounder Nate Wiggins, and veteran Chidobe Awuzie, whom the club signed this offseason.