The Ravens are getting some cap relief, with recent reports that Joe Flacco has agreed on a three-year extension.
The #Ravens and QB Joe Flacco have agreed to terms on a 3-year extension, source said. He’s under contract through 2021
— Ian Rapoport (@RapSheet) March 2, 2016
NFL The new deal was expected. When Flacco, 31, signed a huge contract after the Ravens’ Super Bowl XLVII win over the 49ers in 2013, the deal was backloaded against the salary cap in a manner that all but demanded renegotiation after the 2015 season. If Flacco played under his previous deal this upcoming season, he’d count a whopping $28.6 million against the cap. Only Drew Brees ($30 million with New Orleans) counted more against his teams cap.
The Ravens needed all the cap room they could get, with the second lowest amount of cap space left around the league. Three more years of Flacco, and he will still be cashing fat checks. Elite.
The Ravens will hold a 2 p.m. press conference today with GM Ozzie Newsome, HC John Harbaugh and QB Joe Flacco.
— Baltimore Ravens (@Ravens) March 2, 2016