If the deal is finalized, the veteran quarterback would receive in excess of $120 million over six years, according to a person close to the negotiations who spoke on condition of anonymity because the contract has not yet been signed.
Fox Sports first reported the new deal.
Reaching agreement with Flacco before Monday’s 4 p.m. franchise deadline means the Ravens are assured of retaining their starting quarterback and don’t have to take a salary cap hit of approximately $19.5 million.
On Feb. 7, Newsome said, “If we are able to get a deal done, it will allow us to participate more in the (free agent) market, if we so choose.”
The 28-year-old Flacco is the only quarterback to win a postseason game in each of his first five pro seasons. He had a spectacular playoffs and Super Bowl this year, throwing for 11 touchdowns with no interceptions.
He also holds the record for playoff road wins with six.
“We’ve never lost a great, great franchise player from the beginning,” Bisciotti said. “I’m just very comfortable that it will get done.”
On Friday, it did.View Entire Story
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