Woodhead had signed a three-year deal to join the Ravens in September 2017, but he will reportedly be released for salary cap purposes.
Overall, Woodhead registered 56 rushing yards and 33 receptions for 200 yards. Woodhead missed half the season with a hamstring injury and accounted for 256 yards of offense with no touchdowns.
Woodhead's release saves the team $1.8 million. The rest of the starting right tackle candidates on the Ravens roster, a group that includes 2017 fifth-round pick Jermaine Eluemunor and Andrew Donnal, a waiver acquisition last November, are young and unproven. He didn't return until November 19.
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Now, Howard is gone and it wouldn't be surprising if Jensen leaves as well.
According to Over The Cap, Baltimore should have $8.56 million in available cap space. Howard did an admirable job replacing Rick Wagner, but he ultimately proved to be a one-year stop gap at right tackle.
The nine-year National Football League veteran from North Platte, Nebraska, signed a three-year deal with the Ravens last offseason worth $8.8 million, but injuries hampered his one season in Baltimore. The Ravens, though, may have to fill openings at center and right tackle.