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.
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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