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Report: Baltimore Ravens And Quarterback Joe Flacco Agree To Contract

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Jay Glazer of FOX Sports was the first to break the news that the Baltimore Ravens and Joe Flacco have agreed to a contract to keep the Super Bowl MVP in purple and black.

Rob Carr

You just had to figure that the Bengals would get one-upped in big news by their divisional rival, right? According to Jay Glazer of FOX Sports, the Baltimore Ravens have agreed to a contract with Super Bowl XLVII MVP, Joe Flacco. The two sides had been hammering out a deal off and on since last offseason.

This is huge for the Ravens. Not only do they get to keep their franchise quarterback for the long-term, but they avoided having to use the franchise tag on Flacco--something that they desperately tried to avoid. If you remember, the Ravens are up against the wall a bit, in terms of their salary cap situation. The details of the contract have not been released, but Glazer also reported that the contract will be signed on Monday.

Flacco and his agent, Joe Linta, took a massive roll of the dice by not signing a long-term deal before the 2012 season. They felt that the club was undervaluing their quarterback and he played the season with his future uncertain. All Flacco did was put forth an impeccable postseason performance and led Baltimore to their second title. Adam Schefter of ESPN reports that the deal is "expected to make Flacco the highest-paid quarterback in league history".

Baltimore still has other prominent pending free agents, so they will have their work cut out for them from here out. Paul Kruger, Ed Reed, and Jacoby Jones are just a few of the names that are threatening to leave. Still, the Ravens have Ozzie Newsome as their General Manager and he has worked magic over the years. We'll see what he has up his sleeve for the rest of free agency.

We'll bring you more details on Flacco's contract as they come.