The Super Bowl MVP already lost $800,000 from Tom Brady's new contract and could lose more when Ben Roethlisberger restructures his deal by the end of the week. In fact, Flacco could lose up to $3 million if the contracts of the other highest-paid quarterbacks -- Matthew Stafford, Eli Manning, Peyton Manning and Drew Brees are restructured.
Teams are restructuring the contracts of quarterbacks, who usually have the highest salary-cap number, to get under the cap by March 12.
The exclusive franchise tag is determined by the average of the five highest-paid players at that position for that season. It prohibits the player from negotiating with other teams.
Before Brady's new deal, it was going to cost the Ravens $20.4 million to put the exclusive franchise tag on Flacco. After Brady's deal, the tag is now $19.6 million. If Roethlisberger and other quarterbacks restructure their deals, the tag will drop more, which benefits a Ravens team that will be tight against the cap.
The Ravens and Flacco's agent are currently negotiating a long-term deal. If an agreement can't be reached by March 4, the Ravens will put the tag on Flacco to keep him from becoming an unrestricted free agent.