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Report: Ray Rice, Baltimore Ravens settle grievance for $1.588 million

The wrongful termination grievance filed by former Ravens running back Ray Rice and the team was settled for $1.588 million
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Former Baltimore Ravens running back Ray Rice's wrongful termination grievance filed against the team was settled for $1.588 million, according to the Baltimore Sun’s Aaron Wilson. 

Baltimore terminated Rice’s contract on Sept. 8, the same day that released a video showing Rice striking his then-fiancée in an Atlantic City casino elevator, knocking her unconscious.

Rice was originally suspended for the first two games of the season after being charged with third-degree aggravated assault over the incident, but he avoided jail time by entering a pre-trial intervention program for first-time offenders.

The NFL indefinitely suspended him after the release of the videotape. Rice won his appeal of the ban and was reinstated to the league.

Rice was seeking $3.529 million, the amount he would have earned had he played the remaining 14 games of the regular season after being suspended for two games. Rice ended up being paid by the Ravens almost $27 million of a five-year, $40 million contract he signed in July 2012.

Rice, a three-time Pro Bowler, has yet to sign with a team and has apologized for his actions, saying he would like a second chance to play in the NFL.

- Scooby Axson