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Flacco’s new deal avoids cap spike that would require another renegotiation

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When the Ravens signed quarterback Joe Flacco to a six-year, $120.6 million deal three years ago, the cap numbers were structured in a way that clearly would necessitate a revision in 2016, with the cap charge spiking from $14.55 million in 2015 to $28.55 million. The new Flacco deal has no such future moment at which a restructuring will become urgent.

Albert Breer of NFL Media has the salary cap figures, for 2016 through 2021: $22.55 million; $24.55 million; $24.75 million; $26.5 million; $28.25 million; $24.24 million.

With the cap currently going up at a rate of $10 million or more per year, those figures could be middle-of-the-pack for high-end quarterbacks by the time the next decade begins.

The structure of the deal, per Breer, is simple. Flacco gets a $40 million signing bonus, a fully-guaranteed base salary of $4 million in 2016 (which was guaranteed as a practical matter anyway), and non-guaranteed base salaries of $6 million, $12 million, $18.5 million, $20.25 million, and $24.25 million from 2017 through 2021, respectively.

The deal carries $8 million per year in cap charges for the signing bonus, from 2016 through 2020. Another $26 million or so in cash paid to Flacco from 2013 through 2015 also is tucked into the team’s cap figures for the next three seasons. By 2019, Flacco’s cap numbers will be driven only by money paid under the new contract.

Flacco is now under contract through the age of 37. It’s unlikely that he’ll be released for at least the next three years, given the dead money that would hit the cap if he’s cut prematurely. The cap numbers make it very likely that he’ll earn every dollar of the contract, with possibly one more deal coming that would carry him to retirement.

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25 Responses to “Flacco’s new deal avoids cap spike that would require another renegotiation”
  1. kurdishpats1 says: Mar 2, 2016 6:21 PM

    This team is straight ass. They literally do not have a single superstar.

    Sorry, Ratbirds, truth hurts.

  2. TebowedOutOfThePostSeasonAndNeverToReturn says: Mar 2, 2016 7:03 PM

    There you go. This is how we win championships.

  3. williamshatnerstoupee says: Mar 2, 2016 7:17 PM

    4-12 at best.

  4. jag1959 says: Mar 2, 2016 7:21 PM

    There will be no end of ‘he’s not worth it’ comments but the simple fact remains as long as his team is willing to pay it then he is, at least to them and no doubt to other teams that don’t have a franchise QB. Flacco didn’t create the QB market, he just maximized his leverage by winning the SB in his contract year. He bet on himself and won. This restructure is the direct result of that previous contract. It is what it is

  5. hitman8343 says: Mar 2, 2016 7:36 PM

    Or miss the playoffs, again!

  6. mianfr says: Mar 2, 2016 8:06 PM

    What have we done as a people to deserve Flacco as our highest paid quarterback?

  7. nflgtcfl says: Mar 2, 2016 8:12 PM

    In a few years if he can stay healthy and keep his play level near the same, these numbers will seem like bargain

  8. craze32 says: Mar 2, 2016 8:24 PM

    does the broncos safety who fell down and let jump ball joe advance and eventually win the superbowl get part of this deal cause without that goofball blowing that game jump ball joe is just another matt ryan jay cutler type qb

  9. greatest dynasty ever says: Mar 2, 2016 8:47 PM

    This deal will also allow the Ravens to miss the playoffs for the foreseeable future as well. Have fun looking up at the Bungles and Stealers in the standings.

  10. bazookajoeflacco says: Mar 2, 2016 8:48 PM

    does the broncos safety who fell down and let jump ball joe advance and eventually win the superbowl get part of this deal cause without that goofball blowing that game jump ball joe is just another matt ryan jay cutler type qb
    ——————————————–
    Unfortunately no he doesnt get a cut. And neither does peyton manning or tom brady who both got outplayed by Flacco in their own stadiums back to back.

  11. Teddy BH20's House of Noodles says: Mar 2, 2016 9:02 PM

    I’ll never understand how Flacco ever ended up being the highest paid QB in the NFL and getting overpaid not once but twice. The guy isn’t even a Top 10 QB.

  12. ravens2xworldchamps says: Mar 2, 2016 9:22 PM

    Chasing the third:

    Flacco – Super Bowl XLVII MVP

  13. notwhoyouthinkitis says: Mar 2, 2016 10:34 PM

    Raven fans are in complete denial if they think this was a good deal for the team. Because Flacco can not carry his team when needed. He is completely dependent on having good WRs and RBs to take pressure off of him. And so what if Flacco won a SB; so did Trent Dilfer. The point being, the Ravens are only as good as their supporting players. Which are not that great anymore. Especially on defense. Without the supporting players, Flacco is mediocre. The team raises him, not the other way around.

  14. spartan01 says: Mar 2, 2016 11:15 PM

    Teams need decent QBs to win consistently. Teams that win consistently draw fans. Fans buy stuff. Owners profit. It’s really that simple.

    It helps when the QB is also a good guy and role model.

  15. angrypurplebirds says: Mar 3, 2016 8:25 AM

    Oh so much whining about Joe and bis new deal. I love it!

  16. clipper522 says: Mar 3, 2016 9:05 AM

    Teddy BH20’s House of Noodles says:
    Mar 2, 2016 9:02 PM
    I’ll never understand how Flacco ever ended up being the highest paid QB in the NFL and getting overpaid not once but twice. The guy isn’t even a Top 10 QB.

    Name 10 QBs better than Flacco. I can name: Brady, Wilson, Newton, Rodgers. And don’t give me fantasy stats BS about yards and TDs. Give me a QB that knows how to win. Flacco is up there with the best, and the proof is out there.

  17. ravensroostoftexas says: Mar 3, 2016 9:53 AM

    Works for me. Too many teams out there struggling to find a solid QB & the ones that are pretty much suck year in & year out………for a long period of time. I’m sure all the “jump ball” & “he’s not worth it” garbage will surface & stick around for a few weeks, but I’ll bet there are at least 10 or more GM’s that would sign this guy in a heartbeat. Accurate, strong arm, mobility when needed & always shows up for work.

  18. laxer37 says: Mar 3, 2016 10:01 AM

    So they only get about $6 million in cap relief this season in exchange for $66 million in new money for a guy coming off an injury?

  19. TebowedOutOfThePostSeasonAndNeverToReturn says: Mar 3, 2016 10:04 AM

    See? No kicking the can down the road. This is how champions do business.

  20. Nofoolnodrool says: Mar 3, 2016 10:40 AM

    See? No kicking the can down the road. This is how champions do business.

    Funny how you Raven fans talk so much in the off season and hide when your team sucks … As they did in a very BIG way this year. But thanks for the silence which will continue this year.

  21. TebowedOutOfThePostSeasonAndNeverToReturn says: Mar 3, 2016 12:01 PM

    Six more years of sweeping the Steelers. This is going to be fun! Thanks, Joe!

  22. triggerdawg says: Mar 3, 2016 4:25 PM

    If manning hangs around for another six years chances are he’ll get schooled by ole noodle arm like he did in the season opener! Six more easy wins for the noodle man!

  23. triggerdawg says: Mar 3, 2016 4:29 PM

    Accurate,strong arm,probably so ,fourteen touchdowns, twelve interceptions,pretty much accuracy for his and the opposing team.stats don’t lie,just trolls

  24. triggerdawg says: Mar 3, 2016 4:40 PM

    Brady,Wilson,Eli,brees,rivers,Palmer,Big Ben,noodle arm,Rogers,dalton,luck,Newton ,that’s eleven , I know you said not fantasy stats people that know how to win.five win eleven loos seasons don’t make a winner.

  25. triggerdawg says: Mar 3, 2016 4:48 PM

    Make that twelve you only asked for ten ,but if it makes you feel better there were several more, like twenty four of them

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