National Football League trade rumors: Ravens deal QB Joe Flacco to Broncos

Ross Houston
February 13, 2019

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

ESPN's Adam Schefter says that the Ravens and Broncos have an agreement in principle, but that the trade can not be processed until the new NFL league year begins on March 13.

The trade will not be made official until March 13, according to Schefter. Teams are not allowed to comment on a deal or the terms surrounding it, per Schefter. Ian Rapoport of the NFL Network reported that Denver will send a mid-round draft pick to the Ravens in return for Flacco.

That means Baltimore will have an estimated $31.999 million in available cap space for 2019 given current salary cap projection of $190 million. Last year, the veteran lost his starting job to rookie quarterback Lamar Jackson, whom the Ravens committed to building around after drafting him in the first round. Flacco is set to make $18 million in 2019.

Flacco is likely to replace Case Keenum as the Broncos' starting quarterback. The Broncos began to study him during Super Bowl week, sources told ESPN, and agreed to a deal before the combine.

Flacco, 34, has no more guaranteed money on his contract. According to Over The Cap's calculator, trading Flacco will free up $28.25 million in 2020 and $24.25 million in 2021.

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