Categorized | Article, News

Ravens Agree To Terms With QB Joe Flacco On 6 Year Contract Worth $120 Million Plus


Jay Glazer of FOX Sports broke the news a little more than hour ago that the Baltimore Ravens had come to terms on a new contract with their quarterback Joe Flacco. Adam Schefter followed that up on Twitter with a report that stated Flacco will receive a six-year contract in excess of $120 million, which would make him the highest paid player in NFL history.

The real numbers have not emerged and Flacco and his agent Joe Linta reportedly will not be signing the contract until late Sunday night or early Monday morning.

Flacco, the MVP of Super Bowl XLVII last month, decided to play out the final year of his rookie contract last offseason after extension talks stalled. In other words, Flacco and his agent gambled and won.

Since being drafted in the first round of the 2008 NFL draft, Flacco has thrown 102 touchdown passes in 80 career games. His teams have won the AFC North twice and have made three appearances in the AFC Championship Game. One of those two AFC Championship Game losses came at the hands of the Pittsburgh Steelers, who Flacco has never beaten in the playoffs. The Delaware product does, however, own a 55.5% completion rate through his first five season and only once has he complete 60% or more of his passes in a regular season.

At some point the Ravens will get to experience managing a salary cap with a franchise quarterback in tow. The first year of Flacco\’s contract, however, could have a 2013 salary cap charge as low as $7 million depending how the deal is structured with the guaranteed money. Down the road, the base salary for Flacco will balloon and the Ravens will most likely have to start restructuring his contract as soon as the 2015 season in order to clear cap space.

By getting the Flacco deal done early, the Ravens do not have to worry about placing the franchise tag on him. Had the Ravens been forced to do that, contract talks could have gone on for several months. That in turn might have caused them to not be able to re-sign a few of their own key free agents.

With the new deal presumably only an autograph away, the Ravens can now turn their attention to linebackers Dannell Ellerbe and Paul Kruger, as well as safety Ed Reed. All three are unrestricted free agents that the Ravens might be able to retain with the Flacco deal now out of the way.

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About Dave Bryan

I am, I'm me. 40 something, retired and a life long Steelers fan.
  • DoctorNoah

    Joe Flacco is a fraud. He has been completely inconsistent and has shown a few flashes of brilliance with an all-pro O-line, fantastic receivers and TE’s and an all-pro RB taking the pressure off him. He is worth nothing close to what he’s gonna get

  • steeltown

    Dude played great in last years playoffs and then eventually won a ring, he deserves big money… but damn, highest paid player ever?? ….damn

  • DashingDave314

    All pro offensive line? Are you kidding me? Name one All-Pro caliber offensive lineman the Ravens have other than Yanda (who was injured most of this year). And fantastic receivers? No. Very good receivers? Yes. I’ll concede that Ray Rice, when utilized properly, is an all-pro caliber running back.

    Fact is, he stepped up his game and performed at the most opportune time to do so.

  • DashingDave314

    That means absolutely nothing. He won’t be the highest paid player for that long. Matt Ryan and Aaron Rodgers will both get paid more.

  • Sylky_Mcnasty

    Anquan bolden sure as hell looked fantastic last year against the press and man coverage. Esp when Flacco actually wasn’t scared in pocket. As for the O-line how about Matt Birk or McKinnie.

    As for Flaccos deal lets see how awesome this deal is when it’s time to pay their young prospects starter money.

  • steeltown

    Yes, but along with Yanda you have McKinnie and Oher both 1st Rd talent and the rookie 2nd Rd pick Osemele looks the part and 6time probowler Matt Birk

    Wish our Oline would get healthy at the right time… we seem to lose guys for entire seasons..damn

  • Garrett Hunt

    In would be pissed if I were a Ravens fan. I’m sure they like him as their QB, but for that much doe? Highest paid player in nfl history just makes me laugh. Sure inflation clearly plays a role, but Joe (a slightly above average player in my mind) should never be in that conversation at any point in time. His agent deserves a raise!

  • steeltown

    You forgot the best Fullback in the game.. Vonta Leach

  • steeltown

    True

  • Kevin Gobleck

    I thought they said they weren’t going to break the bank to keep there players… highest paid player, they could have been a little more generous.

  • http://twitter.com/softdrums Shea Fahr

    I dislike him as much as you if not more but he did carry them thru the playoffs and SB. This is good for us in the future though as they will be forced to join the Cap Hell that is beginning to Haunt the rest of the NFL teams investing 24 to 42 percent of their yearly payroll/cap space in one player.

  • Sylky_Mcnasty

    Damn straight hailing from my alma mater. Go Pirates

  • Sylky_Mcnasty

    At least those teams have a player whose salary ramped up to a 20 mil cap hit and had careers that justified that eventual hit through achievement or consistency.

  • Phil Heidenreich

    And if we get back to a Super Bowl/keep winning, Ben in 2 years.

  • http://twitter.com/softdrums Shea Fahr

    QBs who get rings get paid. Like it or not, it is what it is. We as Steeler Fans understand it. He will earn some of that money just by the punishment he receives from the Black and Gold this year.

  • steeltown

    They’ll give Ben an extension, probably next offseason

  • TheBlitz

    Although he’s been “sub-par” (that’s actually relative because he’s been in the playoffs every year) his entire career in Baltimore, there is no way they didn’t think Flacco was the future at QB in Baltimore.

    Why they didn’t offer him a contract earlier…not sure. Would have been better for them to sign him earlier in his career for way less money.

    Hopefully they get in a cap mess like the rest of us and don’t get to sign some of their free agents.

  • steeltown

    So True, a year or two ago they couldve signed him to somewhere between a Matt Schaub and a Phillip Rivers type deal.. like 5-6yrs $14-15million a season

  • http://www.facebook.com/steve.duncan.77 Steve Duncan

    Overpaid him, exactly what I was hoping for.

  • Kusko_Ken

    I knew they were gonna pay him but i didn’t think they’d pay flacco like this. it will be interesting to see what the “finer print” is on the contract. looking forward to reading/hearing what dave has to say about the deal.

  • Mikey Hoje

    Steelers fans, calm down.

    By Flacco getting over-paid, that translates to cap room problems for Raven’s for years to come, I rooted for Rat-Birds to win the SB for the reason we just witnessed, Flacco getting paid which translates to not having enuff $$$ to pay 2-3 other critical positions.

    Do you folks get it now, Grasshopper?Okay, move on then.

  • CW

    Wow. They better hope Flacco doesn’t regress or get hurt because they are now committed.

  • Nolrog

    This is awesome. Around 1/6 of their payroll on one player. I hope Ed Reed gets 18 million from them as well.

  • DashingDave314

    You’re neglecting to mention the fact that Flacco turned down a very similar deal last summer.

  • DashingDave314

    You want to pay a QB over 30 that much money? Be my guest.

  • DashingDave314

    I think so too. But it won’t be anywhere near Flacco’s contract. Mostly because Ben’s over 30 and though he is a great QB, he has injury problems. Flacco simply performed at his best at the most opportune time. And considering the other options, the Ravens absolutely had to keep Flacco.

  • Sylky_Mcnasty

    Yea last year he turned down an offer that was rumored to pay him top 5 qb money.

  • Sylky_Mcnasty

    I know I’m so happy they caved. I was annoyed we restructured Ben and reduced the exclusive tag number and I was hoping he was going to be able to hit FA so a team could make him a crazy offer. O well this works too

  • DashingDave314

    Yanda is an All-Pro caliber guard when healthy, but he wasn’t healthy for most of last year. McKinnie might have 1st round talent, but that’s only if you can find a way to motivate him. Saying Oher is a first round talent at this point is hilarious. Decent right tackle. Osemele is underrated and was probably the Ravens’ best offensive lineman this year, but is he anywhere close to All-Pro good? No. God bless Matt Birk, terrific guy and I’m extremely happy that he was able to get a ring before he retired, but yeah, he was nowhere close to All-Pro good.

    Give Flacco some credit. He beat Peyton Manning and Tom Brady on the road in the playoffs. Had Lee Evans caught a very catchable ball in the AFC Championship, Flacco could easily have 2 rings.

  • walter mason

    hmmmm… too bad they didnt pay him a few million more….

  • steeltown

    Yes and you have to consider how the contract will play out.. Ben might get over $20million a season (like Flacco) but it will only be for 2-3yrs at the backend of his deal

  • steeltown

    The year before he wouldnt have

  • steeltown

    I would think the year before he wouldnt have…. and the Ravens had to have known he was a a good QB by then, he had taken them to the playoffs every season as a starter and had improved his play statiscally every season from ’08-’10

  • Sylky_Mcnasty

    Who knows. Its hard to determine what a guy that is that much of an egoist would have done .

  • Sylky_Mcnasty

    Also Flacco was terribly inconsistent up to that point. They made the playoffs consistently because of tough defensive play and hard running and required little pressure on Flacco.

  • Sylky_Mcnasty

    QBs are playing well into their late 30s now because QBs are much better athletes now than in previous eras. I wouldnt mind this so much if Ben dedicated himself to evolving into a better pocket passer (IE Defensive reads) since his strength and speed will only be declining from this point forward.

  • steeltown

    You are forgetting that the OLine got healthy right before the playoffs and no matter what you say that OLine had a good mix of young and old talent a few of which are/were probowlers. Hopefully DeCastro turns into the player we all think and we end up with multiple probowlers on our OLine too

    I am not taking anything away from Flacco, he played great in the playoffs
    …just wish we didnt have 2-3 starting OL on IR every season. I hate the thought of losing Foster and Starks, both have been dependable. Starks has had his injury issues in the past but he played more snaps than anyone across the line last season and Foster just keeps chuggin along

  • steeltown

    True..

  • steeltown

    Good point.

    I guess thats the breaks for Baltimore.. signing your QB long term following a SuperBowl victory and right after Drew Brees got his massive deal… ouch

  • Ahmad

    No way in hell is Flacco worth all of that money, but hey it’s not our salary cap. I hope this big deal comes back to bite the ratbirds in the worse way.

  • Tim Barca

    At first I was happy that the Ravens paid this much for Joe, too much money and a future of cap issues. However, the more I think about it, the Ravens are smart. His cap number will be smaller the first couple years. We all know that the salary cap is going to increase substantially in coming years. So they got Joe signed for what appears to be huge money, but what they really did was saved major cap room now in order to sign all their other problem areas, like LB and DE. What would have been best would have Joe getting the tag this year, then they would have had a hard time signing players now. Still agree with everyone that it is too much dough for Joe

  • LucasY59

    Yeah he was Flake-oh before this season, and his play was the weak point of the team (game losing turnovers and not playing well under pressure) I’m hoping this year was the exception. Now that the D is not going to carry that team anymore, I see the ravens soon becoming the worst team in the AFC North

  • Sylky_Mcnasty

    I doubt that. No one can ever fail as bad as the Clowns.

  • LucasY59

    Hopefully its more like Tom Lady’s extension than Flake-oh’s fat contract

  • HoustonJr

    Matt Ryan > Joe Flacco

  • DashingDave314

    At what? Not winning playoff games?

  • DashingDave314

    Not saying that Ben won’t be able to, but I think he won’t be able to because his body has taken a horrible beating throughout his career and it’s starting to show. If he starts playing smarter and sliding instead of trying to run over guys, he could. Might be too late to matter though.

  • DashingDave314

    Bolden looked good for 5 consecutive meaningful games and all of a sudden he’s a top-tier receiver? Not buying it. Underrated? Yes. Best blocking wide receiver I’ve ever seen not named Hines Ward? You bet. Fantastic? No.

    When that happens, the Ravens won’t have to worry about Suggs’ deal or Ngata’s deal (and maybe not even Ray Rice’s deal). Don’t forget that Ozzie Newsome finds gems in the draft consistently. Ravens will be fine. Not even factoring in that Joe will probably start having his contract restructured starting in 2015.

    And let’s see how awesome this deal is when a QB who has been around since 2008, yet still only has as many playoff wins as Tim Tebow, gets paid more than Flacco.

  • DashingDave314

    Well considering nobody really uses fullbacks anymore except for the Ravens and Seahawks…

  • DashingDave314

    Well said. First year he only counts for $7M against the cap. Allows the Ravens to resign Ellerbe/another MLB, and probably a pass rusher to replace Paul Kruger. Maybe even bring Ed Reed back for one more year. The money starts kicking in in 2015, which is conveniently when the salary cap is supposed to expand significantly. Love him or hate him, Ozzie Newsome is a genius.

    As far as if Joe Flacco is overpaid, he’s probably worth that much to the Ravens, especially if you consider who Plan B is (Tyrod Taylor or a mediocre QB in the draft). It’s all about what a player is worth to a team. And don’t even think about the “highest paid player” crap. He won’t be it for long, especially not with Matt Ryan and Aaron Rodgers seeking extensions. By 2015, Flacco will probably not even be in the top 5.

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