Monday, March 4, 2013
Report: Flacco gets $52 million guaranteed
By Jamison Hensley
When Baltimore Ravens quarterback Joe Flacco signs his six-year, $120.6 million contract today, $52 million of that is guaranteed, according to a report in USA Today. The Super Bowl MVP will receive $51 million over the first two years of the deal and $62 million over the first three years.
It's a cap-friendly deal for the first two years, according to Sports Illustrated. Flacco will count $6.8 million against the Ravens' $123 million salary cap this year. That means Flacco takes up 5.5 percent of the cap for the upcoming season. Four other Ravens (Terrell Suggs, Haloti Ngata, Anquan Boldin and Marshal Yanda) all will have bigger cap numbers in 2013.
Flacco's cap number makes a modest jump to $14.8 million in 2014. Where it gets tricky for the Ravens is in the fourth year of the contract, according to Peter King of SI. Flacco's cap number will balloon to $29 million. King estimates that will account for 22 percent of the cap in 2016.
So, based on those figures, Flacco will make $62 million over the first three years (an average of $20.6 million) and will force the Ravens to rework his deal in 2016. And with Flacco being 31 at that point, which is still a prime age for a quarterback, don't expect him to accept a Tom Brady-like deal.