Broncos have agreement to trade for Ravens quarterback Joe Flacco

Joe Flacco

Additionally, Schefter notes that both teams are prohibited from commenting on the trade or terms surrounding it. Adding insult to injury, Darren Rovell reports the Ravens paid Flacco $73 million for those 51 games in which he won just 47 percent of his starts.

The agreement means that Baltimore is officially committing to Lamar Jackson as their quarterback. After missing the last few weeks of the 2018 National Football League regular season due to injury, Flacco's time with the Ravens is over. He spent 11 seasons with the Ravens and was the MVP of their Super Bowl triumph over the San Francisco 49ers to conclude the 2012 season.

By trading Flacco, Baltimore will have $16 million on their dead cap for 2019.


Meanwhile, the Broncos, who have the 10th overall pick in this year's draft, are addressing their biggest need as the NFL's offseason quarterback carousel is beginning to spin. The Broncos will carry $10 million in dead money if they cut him.

The demand at the position is one reason Denver pounced on Flacco.

Elway hasn't had success bringing quarterbacks to Denver since Peyton Manning chose the Broncos. A trade is similar to cutting a player in that it pushes all the prorated bonus money normally spread out over the life of a contract to right now.

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