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The full Flacco deal

Joe Flacco AP

On Monday, Ravens quarterback Joe Flacco signed his contract.  On Tuesday, the full details have surfaced.

Per a source with his knowledge of the contract, here are the terms:

1.  $29 million signing bonus.

2.  $1 million base salary in 2013.

3.  $15 million option bonus due in 2014.

4.  $6 million base salary in 2014.

5.  $7 million option bonus due in 2015.

6.  $4 million base salary due in 2015.

7.  $18 million base salary in 2016.

8.  $20.6 million base salary in 2017.

9.  $20 million base salary in 2018.

The cap numbers are $6.8 million in 2013, $14.8 million in 2014, $14.55 million in 2015, $28.55 million in 2016, $31.15 million in 2017, and $24.75 million in 2018.

The reduced cap number in the last year of the deal gives the Ravens protection against the 20-percent raise arising from the use of the franchise tag.  The $24.75 million cap number in 2018 becomes a $29.7 million franchise tag in 2019.

Still, it’s the $28.55 million cap number in 2016 that will force a new deal, barring a major (and unexpected) spike in the salary cap.

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42 Responses to “The full Flacco deal”
  1. blamatina says: Mar 5, 2013 2:53 PM

    The LAST story regarding Flacco’s contact

  2. bleedinpurple says: Mar 5, 2013 2:53 PM

    I’m still laughing.

  3. benroethlisberger7 says: Mar 5, 2013 2:54 PM

    Yet, the Steelers are the pinnacle of sports. Jealous of our prestige?

  4. ravenator says: Mar 5, 2013 2:54 PM

    Just another day in the office for the best GM in the league

  5. chuckleberry1974 says: Mar 5, 2013 2:56 PM

    There will still be morons saying he isn’t worth it, that he didn’t sacrifice for his team like Brady, and that now the Ravens can’t keep anyone else. They didn’t major in reading comprehension, I suppose.

  6. tcmiller30 says: Mar 5, 2013 2:57 PM

    Soooo a 3-year deal where they’ll be cutting bait before they take a 30million dollar cap hit in 2016?

  7. gochargersgo says: Mar 5, 2013 2:58 PM

    29 million bonus spread out over 6 years.
    15 million bonus spread out over 5.
    7 million bonus spread out over 4.

    So regardless of the restructure before 2016, he will carry minimum cap hits of about 11 (6+3+2)million for those final 3 years? Plus whatever his restructured salaries and bonuses will be?

  8. cavemanna says: Mar 5, 2013 2:59 PM

    Why is the Flacco deal still worth writing about? I’ve never seen so many articles over one contract. Move on.

  9. contra74 says: Mar 5, 2013 3:00 PM

    STOP with this story already. We get it. He signed a big contract. NEXT…

  10. jeffml says: Mar 5, 2013 3:00 PM

    Wow. A Flacco story. Who’d a thought?

  11. southpaw2k says: Mar 5, 2013 3:03 PM

    Any idiots still want to make ridiculous claims that this contract will cripple the Ravens’ salary cap the next few years?

    Anybody?

  12. rj2013 says: Mar 5, 2013 3:04 PM

    Best GM in the league???? It may work this year, but good luck working with those cap numbers in the future!

  13. touchdowndances says: Mar 5, 2013 3:05 PM

    The Steelers are not relevant and so circa 1979.

  14. swashbucklin says: Mar 5, 2013 3:07 PM

    I’ve noticed that now the ravens have won the super bowl and you can’t talk trash about our ON field accomplishments, the go to argument for the haters (steeler fans) is that the ravens are now in ‘cap hell’. Well the ravens got our 2nd ring as I mentioned, and flacco’s cap hit for the coming season is only 6.8 mill. I guess when you end the year for half the afcs playoff teams and the nfc champs you’ll make a few enemies. No one hates the bills folks.

  15. 808raiderinparadise says: Mar 5, 2013 3:08 PM

    Well, Joe deserved a good deal, but not this, he wouldn’t have gotten even close to this from any other team in the NFL.

    In the Playoffs he had some miracle moments, if Denver had any clue how to guard a 3rd down deep strike Flacco couldn’t dream of asking for more than 13mill a season.

    But he threw 11 TD to 0 picks I get it, super bowl mvp, GREAT. but he was sandwhiched around Carson Palmer and Fitzpatrick in QB rating during regular season.

    Scary.

  16. radrntn says: Mar 5, 2013 3:10 PM

    so really it’s a three year deal

  17. justintuckrule says: Mar 5, 2013 3:12 PM

    Sounds like the true numbers are $58M for 3 years. The rest is just window dressing. Still a nice haul. Hopefully we don’t need to hear the overplayed “starving children in Africa” arguments.

    In my book, Flacco is just as much an entertainer as Tom Cruise. Cruise makes $25M per movie and he hasn’t been in a good one since Top Gun.

  18. dwarftosser says: Mar 5, 2013 3:15 PM

    So it’s another backloaded contract that will most likely be restructured before about half of it is paid out.

  19. steve717 says: Mar 5, 2013 3:17 PM

    Probably a side deal here too, right? I’m surprised you didn’t manage to turn this into another slant piece on Brady. Nice objectivity lately, Florio.

  20. djstat says: Mar 5, 2013 3:19 PM

    Benroethlisberger7:

    Your own players think your precious QB Big Ben is a Wuss and a poor leader. Your franchise is prestegious only to you and other towel waving morons.

    Only Pittsburgh is proud of poverty.

  21. stainlessstill says: Mar 5, 2013 3:25 PM

    All this Flacco garbage makes me YEARN for Tim Tebow scoop. As a Steelers fan, I STILL would rather face Joe Flacco two times a year over any other QB in the league. Great news, one helluva contract. Good for Baltimore. Not knowing what you’re going to get on a week to week basis is fine by me. Poor Ray Rice. Dude carried Baltimore’s offense for years now 120million dollar man is going to take carries away from him.

  22. tjules21 says: Mar 5, 2013 3:32 PM

    I think we should break this article into 6 separate articles analyzing each year of the contract.

    Actually, let’s go with 9 articles – 1 for each point above (6 base salary amounts, 3 bonuses).

  23. thestrategyexpert says: Mar 5, 2013 3:37 PM

    I couldn’t help but look over my shoulder for the hidden camera as I was reading through these numbers. I guess it’s for real then. Well the good news is every other team now has more cap dollars as a proportion compared to BAL to compete towards the value players in the market.

    Thanks Baltimore, we all owe you 1/31 of one!

  24. ericn42000 says: Mar 5, 2013 3:41 PM

    Flacco is not worth that type of $$$ he had a great 4 game stretch to end the season!

  25. ccjcsr says: Mar 5, 2013 3:52 PM

    Still can’t believe this guy got that kind of contract. That’s what happens in the “What have you done for me lately” League!

  26. mrp2003 says: Mar 5, 2013 4:06 PM

    Good Deal for the Ravens Org and poor deal for Flacco. Like him or not, he did produce when the time came. I think he should have asked for more guaranteed money. He will likely have to restructure or be cut

  27. tapeterson2155 says: Mar 5, 2013 4:13 PM

    Isn’t Flacco an average QB?…..

  28. swagger52 says: Mar 5, 2013 4:16 PM

    What the Flacco haters and Raven haters can’t bring themselves to face….Flacco is only $6.8 against the cap in 2013. Uh Oh..That leaves all that money for Free Agents who would LOVE to play in Baltimore. ala..Pollard, Leach, Burke, McKinnie, Jacoby. Yep…those Free Agents hear the…I want to play in Baltimore for Life. Baltimore gets the hometown discount on all those Free agents.

    Feeding Frenzy of Doom for the Ravens has been turned into…Another day in paradise.
    3 AFC Championship appearances in first 5 years. Oh my…better take up the NHL for all those Ravens haters.

    Story recommendations:
    Flacco taking one for the team – like Brady.
    Why Free Agents want to play in Baltimore
    Ozzie taking the other GMs to school

  29. tapeterson2155 says: Mar 5, 2013 4:16 PM

    Lot of $$$ to give to a player who has never even made a pro bowl.

  30. purplekoolaid1 says: Mar 5, 2013 4:28 PM

    Oh jeez, ANOTHER Flacco story? Does anyone even follow football for the actual sport anymore?

  31. raider23mike says: Mar 5, 2013 4:31 PM

    He’ll be let go before his 2017 pay

  32. letemplay says: Mar 5, 2013 5:02 PM

    Sounds like the true numbers are $58M for 3 years. The rest is just window dressing. Still a nice haul. Hopefully we don’t need to hear the overplayed “starving children in Africa” arguments.

    In my book, Flacco is just as much an entertainer as Tom Cruise. Cruise makes $25M per movie and he hasn’t been in a good one since Top Gun.

    —————————————————

    This is just not true at all. I could not disagree more.

    Rain Man was a good movie!

  33. robhffk says: Mar 5, 2013 5:17 PM

    Steelers are the pinacle of sports?
    Most team championships dont see the steelers on the list
    1. New York Yankees, 27
    2. Montreal Canadians, 24
    3. Boston Celtics, 17
    3. Minneapolis/Los Angeles Lakers, 17 (NBL & NBA)
    5. Toronto Maple Leafs, 13
    5. Green Bay Packers, 13
    7. Detroit Red Wings, 11
    8. St. Louis Cardinals, 10
    9. Philadelphia/Oakland Athletics, 9
    9. Chicago Bears, 9

  34. robertocfg says: Mar 5, 2013 5:21 PM

    I see this as a case where the Ravens really had no choice.

    Flacco is a good QB, I’m not saying he isn’t. He’s cool under pressure, and delivers in crunch time. However, do we seriously think he deserves more money than Drew Brees?

    I’ve never seen him as a player that carries around his team. He still relies on having a good coordinator to get the job done. Do we hear that Brees, Manning or Brady had a bad year because they changed coordinators? No. They command their offense.

    Flacco plays good. He delivers. The Ravens couldn’t afford to lose him. Who would they get? You don’t come by a Tom Brady every other day. Plus he had a terrific playoff run. They had no leverage.

    However, do we think Flacco will carry the Ravens when things get bad? Will we hear commentators say Flacco “dismantled a defense”? Will we ever read an analyst say how teams fear because Flacco is coming to town?

    The Ravens couldn’t afford to lose him because they had no leverage and seeing him gone would set the franchise back some years. That does not mean, however, that he’s really worth that money. In my opinion.

  35. justintuckrule says: Mar 5, 2013 5:50 PM

    If I didn’t know any better I would think I was reading posts following an Eli Manning article circa 2008 after he beat the undefeated Pats.

  36. andthehomeofthejets says: Mar 5, 2013 5:54 PM

    Flacco is now the highest paid football player in history. This was a terrible move. what gives him the right to be paid higher then the elite quaterbacks. Baltimore wont even win another championship while he is there. This year was a gift and you had a guy named ray Lewis on your team. Arguably the best defensive player to ever play the game. This guy is a straight up motivator. i wouldn’t be shocked if the Ravens miss the playoffs next year. There defense has been in the top 5 the last 10 years. this year will be the true test. Flacco has to prove he can carry this team for a full season. if he can then MAYBE i would consider this contract. that is a big maybe.

  37. mungman69 says: Mar 5, 2013 6:01 PM

    Hey, Flacco had a GREAT playoff run. I wish that my team’s QB could play like that.

  38. 6allsohard6more says: Mar 5, 2013 6:04 PM

    To the guy who said (to much for a guy who never made the pro bowl) Lmao what is a Pro Bowl better take the pro out and put a super in front of that you must be a fantasy football guy…… Kick rocks

  39. charliedamon says: Mar 5, 2013 7:16 PM

    Enough already please

  40. bbwasright says: Mar 5, 2013 11:41 PM

    Wow! Something tells me the Ravens see a prospect in round 5-7 that they think will be worthy of starting in a couple years. No way Flacco stays on the books with that kind of price tag. No QB is worth that, not even Manning or Brady. Definitely NOT Flacco.

  41. tuxbirds says: Mar 6, 2013 7:34 AM

    The amazing thing is that only the first year is fully guaranteed!!!! I don’t see the Ravens cutting him after 1 year but after year one only an career ending injury guarantee the contract. Another win for the Ravens.

  42. voyager6 says: Mar 6, 2013 3:04 PM

    Ahhh! This Flacco coverage reminds me so much of the good ole Brett Farve days!

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