Joe Flacco Agrees To Three-Year Extension With Ravens

[Pugz]

Adam Caplan Verified account ‏@caplannfl

#Ravens and QB Joe Flacco have agreed in principle to a 3-year contract extension through 2021, per source.
7:53 AM - 2 Mar 2016

 

[Sportsguy9695]

Joe Flacco and the Baltimore Ravens have agreed upon a three-year extension through 2021.
The Ravens were looking to lower Flacco's $28.55 million cap number, which is the third-highest in the NFL.
Flacco is expected to receive more guaranteed money than what he is scheduled to earn over the final three years of his current deal ($58.6 million) and continue to average more than $20 million per season.
Flacco receives $66.4 million in new money and a record $40 million signing bonus with $44 million guaranteed.
Source: Real GM

 

[BwareDWare94]

That's an awful lot to pay for a not-even-close-to-elite QB.