Three years after Ravens quarterback Joe Flacco parlayed a Super Bowl MVP trophy into a record contract, he has a different type of leverage. Specifically, he has a looming cap number of $28.55 million, which the Ravens need to chop down via a restructured or extended contract.
In response to a report from Jeff Zrebiec of the Baltimore Sun that a new deal is close, agent Joe Linta tells PFT that the two sides will talk again on Sunday.
“Close enough to keep going,” Linta said of the talks.
The two sides still aren’t close, relatively speaking, to the deadline for complying with the 2016 league year salary cap. That comes on March 9, still well over a week away.
The fact that the two sides are making progress so far in advance of the deadline suggests a spirit of pragmatism and mutual cooperation. Flacco, who signed a contract that was backloaded from a cap standpoint to help the team pay him $62 million over three years, apparently realizes the differences in the circumstances between 2013 and 2016.
Last time, it was time to get paid as much as he could. This time, it’s time to do something fair and reasonable for both sides, continuing his current $20 million per year average (with maybe a modest bump) while also ensuring that the team has the room to maneuver under the annual spending limit.