Breaking: Baltimore has agreement in principle to trade former Super Bowl MVP Joe Flacco to the Broncos, league sources told ESPN.
Trade cannot be processed until new NFL league year begins Wednesday, March 13. Teams prohibited from commenting on deal or terms surrounding it.
— Adam Schefter (@AdamSchefter) February 13, 2019
The Joe Flacco era is about to get rolling in Denver because the Denver Broncos have agreed to trade Joe Flacco and complete the trade after the new NFL year starts in March, according to Insider® Adam Schefter. Terms of the deal have not been announced. The Lamar Jackson era, as you already knew, is officially official.
The Broncos hold the No. 10 pick in the 2019 NFL Draft and you have to figure that John Elway drafts a quarterback in that spot. Kyler Murray?
Here are the official numbers:
The #Ravens will take on a $16M dead cap hit to trade Joe Flacco, to the #Broncos, who acquire him with salaries/cap hits of $18.5M, $20.25M, & $24.25M thru 2021, $0 guaranteed. Baltimore saves $10.5M of cap space in 2019.https://t.co/F6yyDoBJmi
— Spotrac (@spotrac) February 13, 2019
The Ravens will pick up $10.5M of salary cap room once the Joe Flacco trade becomes official on March 13. Flacco's 2019 salary cap number was $26.5M. The Ravens will have $16M in dead money. Flacco has $63M in the 3 years left on his contract ($18.5M in 2019).
— Joel Corry (@corryjoel) February 13, 2019
CONFIRMED via sources: Broncos trading "How Bout Deez Mountains" t-shirt to Ravens for QB Joe Flacco & 7.5 lb. jug of Old Bay Seasoning.
— Busted Coverage (@bustedcoverage) February 13, 2019
Back when Joe Flacco was definitely elite:
Ravens QB Joe Flacco on the beach in SIC pic.twitter.com/Q8RZF4zCmz
— Andrea (@andreaphi92) July 5, 2014