Wow, congrats to Joe Flacco! I guess winning the Super Bowl REALLY paid off for him (literally). Flacco’s new contract will make him the highest-paid player in NFL history!! Details after the jump…
Via ESPN:
Joe Flacco and the Baltimore Ravens have agreed to a six-year, $120.6 million contract that will make the quarterback the highest-paid player in NFL history, a source familiar with the deal told ESPN NFL Insider Adam Schefter on Friday.
The two sides will work on the contract language this weekend, and Flacco is expected to sign the deal Monday in Baltimore, sources told ESPN senior NFL analyst Chris Mortensen.
Ravens general manager Ozzie Newsome said the sides have settled on the parameters of the deal, but still have some language and details to work out.
Fox Sports was the first to report that Flacco and the Ravens had agreed to a deal.
Drew Brees is currently the highest paid player in the NFL, averaging $20 million per year.
Flacco played out his rookie contract this past season for $6.76 million. Now, based on the $120.6 million deal, he will make an average of $168,908 each day of the regular season for the next six years.
Reaching agreement with Flacco before Monday’s 4 p.m. franchise deadline means the Ravens are assured of retaining their starting quarterback and don’t have to take a salary cap hit of approximately $19.5 million.
(Story Continues…)
