The Baltimore Ravens and veteran linebacker Terrell Suggs are "making progress" toward a restructured contract, according to the Baltimore Sun.

Suggs' 2014 salary is due to count $12.4 million against the team's salary cap but, according to the report, a more cap-friendly deal is likely to be struck.

Suggs, 31, struggled in the second half of last season before finishing the year with 80 tackles and 10 sacks.

After being named NFL Defensive Player of the Year in 2011, Suggs missed half of 2012 with an Achilles' tendon tear and a torn biceps. He has 94.5 sacks in 11 seasons.

If the two sides agree to a restructured deal, the Ravens could have enough in savings to negotiate new deals with left tackle Eugene Monroe, linebacker Daryl Smith or tight end Dennis Pitta. However, the team is unlikely to re-sign right tackle Michael Oher.