It's also worth pointing out, that we're dealing with imperfect information here. The Ravens made their decision quickly. I think that's where they were the most wrong in this decision. I like Brockers well enough, I don't think he's worth $22 million guaranteed.
At the start of the market, maybe Wolfe was asking for $18 mill guaranteed. Compared to $25 mill guaranteed to Brockers who was willing to come down to $22 and Wolfe wouldn't budget, that seems like a good deal particularly given Wolfe's health. From a durability and versatility perspective, I can buy in. But the market changes.
Then...3 weeks later, you've got Suh signing for 1/8 and Wolfe 1/3 guaranteed. I really struggle to see a world where the Ravens evaluation of Brockers makes him twice as valuable in guaranteed dollars as Wolfe and Suh combined. I think if the Ravens would have thought this is where the market was going to go, they would have waited. Lots of other DL that I liked as well, getting sub-$5 million deals in total.
The criticism for me is the Ravens overplayed the market. And bailed when they saw how low the bottom of the market was. That's just an assertion not fact, but we're dealing with imperfect information. But I don't think looking back, it is at all fair to say the Ravens gauged this market for DL correctly to begin with and that they would have picked Brockers at full health over some of the deals were seeing now.
Value hit when players didn't want to be left holding the bag with limited team interactions. Brockers is fortunate that Fowler was lost, making the Rams desperate to retain him. I doubt the Ravens play that type of game, as that can burn you for your entire career as a General Manager with other free agents.