The Ravens have reached an agreement in principle on a one-year contract with former Oakland Raiders middle linebacker Rolando McClain, according to sources with knowledge of the situation.

The deal doesn't carry a big financial commitment from the Ravens, but is expected to include incentive clauses based on playing time and performance that could boost the value.

The 2010 Raiders first-round draft pick and Butkus Award winner is scheduled to travel to Baltimore on Thursday to take a physical and meet with general manager Ozzie Newsome, coach John Harbaugh and other staff members.

This is regarded as a second chance for McClain to prove himself after running into trouble off the field as well as providing inconsistent play on the field during three seasons with the Raiders.

McClain, 23, is a 2010 eighth overall pick from Alabama who was recently cut by the Raiders.

He was an All-American for the Crimson Tide, but off-field problems and inconsistent play have plaged him in the NFL.

McClain has 246 tackles, 6.5 sacks and one interception in three NFL seasons.

He started nine games last season for Oakland and had 62 tackles, one sack and one forced fumble.

He cleared waivers Monday after being released last Friday.

McClain was due a $4.05 million salary in 2013 and $5.805 million in 2014, but none of that money is due now that his contract terminated and no one picked it up.

The Ravens have a need at inside linebacker due to Ray Lewis' retirement, Dannell Ellerbe signing a $35 million contract to join the Miami Dolphins and Jameel McClain still not fully cleared to play following a spinal cord contusion.