UPDATED 5:44 PM
Jamison Hensley of The Baltimore Sun is reporting that Scott has agreed to sign a contract with the New York Jets after giving the Ravens an opportunity to match New York's offer.
*"Scott, the team's second-leading tackler the past four seasons, had the Ravens and the Jets engaged in a bidding war over him. But he finally signed off on the deal (the sixth season is an option year)."
UPDATED 3:11 PM
New York Daily News columnist Rich Cimini is reporting that Bart Scott's agent and the Jets have agreed in principle on a five-year contract worth roughly $40 million, but Scott has called Ravens GM Ozzie Newsome to give Baltimore a chance to match New York's offer.
It's believed that Scott still is at the Jets' facility.
Earlier today, the agent, Harold Lewis, told the Daily News he had agreed to the basic parameters of a deal with the Jets, but that he was waiting for Scott's okay on the deal.
POSTED 10:12 AM
As free agency action heats up on a busy Friday morning, the Ravens could take multiple hits – the first of which may be linebacker Bart Scott.
According to NationalFootballPost.com, Scott has signed a multi-year deal with the New York Jets and former Baltimore defensive coordinator Rex Ryan.
Ryan, who took over the Jets earlier this year, was expected to poach at least one of the players he utilized on his Baltimore defenses.
Scott, 28, finished second on the Ravens last year in tackles, posting 104 stops to top the century mark for the third consecutive season.
Although the former Pro Bowler only registered 1.5 sacks, he was asked to do more than simply rush the passer.
Scott was reportedly near to a deal with the Ravens before free agency began Thursday at midnight, but both sides could not come to an agreement.
"We were close [with the Ravens], but close only counts in horseshoes," Scott told ESPN only minutes after free agency started. "I wanted to give Baltimore an opportunity to get the job done. It just didn't happen. We got to move on, hit free agency and see where it takes us."
NewYorkJets.com, the team's official Web site, does not have any information regarding Scott's potential signing, a signal that he has not officially inked his name on a contract yet, if he does at all.
Meanwhile, several media outlets are also reporting that center Jason Brown, one of the highest-rated free agents on the current open market, is scheduled to visit the St. Louis Rams today.
Jamison Hensley of The Baltimore Sun also wrote this morning that former University of Maryland cornerback Dominique Foxworth is meeting with the Ravens today.
Foxworth is coming off a year where he started a career high 10 games for the Atlanta Falcons. A former third-round pick of the Denver Broncos, Foxworth has intercepted three passes and broken up 21 attempts over his three-year career.
BaltimoreRavens.com will be the first source of official news regarding free agent signings only when it comes directly from general manager Ozzie Newsome, but will gather speculation and reports about possible moves in the Free Agency Rumor Mill.