I didn't expect Flacco to be the one restructured given reports in the spring that they would not alter his contract, but he was the second most likely restructure candidate after Von Miller.Flacco's new contract details can be found on his OTC page:https://t.co/EdOnU6YDPF https://t.co/2oDuUrUg3Z. Flacco will receive a signing bonus of $40 million in the new deal. NFL and the NFL shield design are registered trademarks of the National Football League.The team names, logos and uniform designs are registered trademarks of the teams indicated. If Flacco played under his previous deal this upcoming season, he'd count a whopping $28.6 million against the cap.

10 implications of Joe Flacco's restructured contract with Broncos. Contract Notes Joe Flacco signed a one year, $1.5 million contract with the Jets on May 27, 2020. The reason Flacco’s contract was a good candidate for a restructure is because his entire $18.5M base salary was set to become fully guaranteed if he was on the roster in Week 1, which he obviously was going to be (they restructured his deal the day his salary was set to guarantee). By using our site, you consent to our use of cookies. It was on May 10, 1969 that the Baltimore Colts, Cleveland Browns and Pittsburgh Steelers agreed to join the AFL to form the 13-team American Football Conference. Here’s is the crux of all the confusion around Flacco’s contract. $450,000 of the contract is tied to per game bonuses. The Jacksonville Jaguars have agreed to terms with veteran signal-caller Mike Glennon, the team announced. This is important to clarify as there has been a lot of confusion on what actually happened. Flacco signed a new three-year contract extension on Wednesday, the team announced. 2016: Flacco signs a three-year, $66.4-million extension with the Ravens. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. © Copyright 2020 Endgame360 Inc. All Rights Reserved. Joe Flacco was due $18.5M in base salary in 2019 with no additional guarantees when he was acquired from Baltimore. Joe Flacco, Baltimore Ravens strike contract extension The Baltimore Ravens and Joe Flacco have done a little business ahead of the start of free agency. Atlanta's most recent opponent, the Carolina Panthers, entered the intensive protocol earlier Wednesday. The new Colts quarterback has already agreed to take over as the football coach at St. Michael Catholic High School in Fairhope, Alabama. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. The Denver Broncos have been hit with another blow in 2020 as running back Melvin Gordon III got a DUI on Tuesday. The NFL announced Wednesday that the 2021 Pro Bowl game will be canceled this year due to the COVID-19 pandemic. He always been our QB. The 2020 regular season is just around the corner, and NFL Network has you covered with wall-to-wall training camp coverage each day starting at 10 a.m. With Andy Dalton taking over for Dak Prescott -- who was on a historic pace passing the ball -- there is little question how defenses will now approach the Cowboys: Stop Ezekiel Elliott. The three year extension is worth $66.4 million with $44 million in guaranteed money. Broncos wouldn’t be a good fit for Le’Veon Bell.

Metcalf spoke to 547 players about social media, finances and meeting etiquette in NFL's first rookie webinar. 12:05pm: Flacco gets $66.4MM in new money on his three-year extension, according to La Canfora, who notes (via Twitter) that the $22.1MM+ new-money average is a record. Another week of training camp is kicking off. Back in September, Denver made an accounting move to clear up some cap space that raised some eyebrows around Broncos Country. This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. On Wednesday around lunchtime Ravens quarterback Joe Flacco signed a three year contract extension that will keep him in Baltimore through the 2021 season. He had surgery in December, and is expected to be ready for the start of the 2016 season. Denver was sitting on about $20M in 2019 dead money from Case Keenum, Paxton Lynch, Darian Stewart, Demaryius Thomas, Brandon Marshall, and Menelik Watson so it made sense to shift some cap burden into next year where they are projected to have between $60-70M in cap space. Vikings quarterback Kirk Cousins knows a thing or two about the franchise tag -- and how it sometimes can be used for a quarterback's benefit. Gardner Minshew has a new backup QB. Flacco signed his one-year contract with the Jets on May 22. Put another way, Denver was going to shift cap space into next year regardless of whether it was via Flacco or someone else. These cookies may be set through our site by our advertising partners. Still not convinced? The term “dead money” is a loaded term that garners strong reactions, especially when it relates to QBs who are no longer going to be on the team. Vested veterans (players with at least four years in the NFL) who are on the 53 man roster at the start of the season, have their entire base salary become guaranteed at the beginning of the season. Thus, Joe Flacco was already guaranteed to receive $18.5M from Denver (and count $18.5M against the cap) no matter what.

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