The Baltimore Ravens and Ray Rice have settled the former running back's grievance against the club Friday.
Rice reportedly demanded $3.5 million in back pay from the club, alleging he was wrongfully terminated by the Ravens.
Ravens team president Dick Cass released the following statement, via the team's official Twitter account:
"The #Ravens agreed to resolve the grievance with Ray Rice. It's time to turn the page, and we're moving forward.
"We wish Janay and Ray Rice the best."