Devil will be in details of Flacco deal

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It’s been more than 30 minutes since the news broke of the deal negotiated between the Ravens and quarterback Joe Flacco.  And there are no specifics yet on what Flacco will make.

Adam Schefter of ESPN says that the deal is “expected” to make Flacco the highest paid quarterback in NFL history.  The current high-water mark is the five year, $100 million contract given to Drew Brees by the Saints last year.

This means that Flacco will make more than $20 million per year, if he’s indeed the new highest-paid quarterback in NFL history.

There’s a rule of thumb in NFL circles regarding new contracts.  If the numbers aren’t leaked within the first 24 hours, the player didn’t get what the player wanted to get.

Eventually, the contract will be filed with the NFL, and the numbers will leak.  Key factors will be signing bonus, fully guaranteed money, money guaranteed for injury only, and total payout over the first three years.  (Brees will get $61 million from 2012 through 2014.)

It may take a few days to get the information, since Flacco won’t be signing the deal until Monday.

The Ravens will want him to put his name on the deal by 4:00 p.m. ET on Monday.  If he’s not under contract by then, the Ravens won’t be able to use the franchise tag on him.

18 responses to “Devil will be in details of Flacco deal

  1. According to my two sources, ebony and ivory (both Randy Moss’) the deal includes this:

    Straight cash homey!

  2. OK, so I know ya just won the big one and everything, but…is anyone else sitting back and thinking “20 million a year for JOE FLACCO? Friggin really?” Balto fans will prob blow their lids over this, but for that kind of money I’d let him walk. You’re not winning again next year anyway, and Flacco’s ability to manage the game and throw a great deep ball doesn’t exactly make him Drew Brees, Tom Brady, Aaron Rodgers or Peyton Man-thing. I think Baltimore is going to wind up regretting this one.

  3. Wow… if Joe Flacco gets paid this much, I’m scared to see what happens when Luck, Wilson, Kaepernick or RG3’s rookie contracts expire. These salaries are getting way too damn high.

  4. He’ll be the best-paid QB for what, a year? Big deal. By the time his deal is expired in 5 or 6 years, he’ll be out of the top 5 in pay. Besides, the salary cap is gonna get a very nice bump in ’15, so I’d bet that his deal is team-friendly the first 2 years…to a degree.

  5. Lol shame on him..THATS grand Larceny! They just screwed up the pay curve for every other average QB for years to come..but of the Ratbirds pay him that’s on them. Getcha $ is my sayin. YOLO!

  6. c1md6 says: Mar 1, 2013 7:06 PM

    I’m sorry joe flaaco is a good quarterback but doesn’t deserve to be even close to te highest paid QB.

    Exactly. But people will pretend he deserving because of the SB win. SMH. Paul Kruger/Ellerbe will make someone very happy next year.

  7. From Mediocre to Super Bowl MVP (Questionable, should have been Jacoby Jones)
    He definitely broke the bank on this one!

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