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Joe Flacco’s Next Contract

ESPN’s Adam Schefter has already reported that the Ravens and QB Joe Flacco will no longer discuss a long-term contract this season, but Jamison Hensley takes a look at what Flacco’s deal could ultimately entail.

Hensley writes that the Ravens are in a bit of a predicament regarding Flacco’s contract because they currently have less than $15 million in cap space to work with, which just happens to be the low-end figure for next season’s franchise tag.

“Paying Flacco $15 million would force other decisions because Baltimore has less than $15 million in salary-cap room in 2013, writes Hensley. “But it’s easier to cut or restructure players than it is to find another quarterback. So, the Ravens will do whatever it takes to create room to keep Flacco.

Hensley expects Flacco to receive a deal that averages close to $13 million or $14 million per season and includes $30 to $35 million in guarantees.

We have Flacco listed as the No. 6 best available player in our Top 50 Free Agents list.