I read this article earlier today and I think this is the best way to go:
Ravens won
I think, considering we have the worst defense in history, we might as well forget renegotiations, and start chopping.
A big consecuence of constantly renegotiating contracts is that you make your team old, you don't have the flexibility later to cut players because it cost the same or more to keep them then to release them.
I frankly will bite the bullet and start chopping, even if we have to take the medicine of absorbing death salaries.
We may even be surprised by the play of one of our backups.
Time to value more our draft picks, and built by the draft.