Ravens get Mark Ingram at $5M per season, which is significantly less than what Le'Veon Bell got ($13.1M). For a team with many needs and less than $30M in cap space, Baltimore wasn't going to make that type of investment at running back.
Related players: Gus Edwards, Kenneth Dixon
Clearly bad news for the other Baltimore running backs (namely Gus Edwards and Kenneth Dixon), this is a great landing spot for Ingram, who will play for a decidedly run-heavy offensive coordinator in Greg Roman. Ingram is still on the right side of 30 and hasn't averaged less than 4.6 YPC in the last four seasons. He's also a very capable receiver (3.1 receptions per game since 2015) so he's able to play on all three downs. He should flirt with fantasy RB1 value this year.