Pretty cool move by the Ravens. It was something to do with the guys they had on IR having to be there for a day and wanting to sign Hester.
They keep the guys on IR, cut Forsett (no penalty), sign Hester, wait, re-sign Forsett to exact same contract + throw in 100k extra in upfront incentives for him lending them a hand.
They got a pretty good organization in Baltimore. Only major screw up they've had is the Flacco deal (and even then, they were kinda forced to anyway. You can't really not re-sign your Super Bowl MVP QB)