Flacco the team player. Takes 3 year extension, lowers cap hit.

[usmccharles]

1 minute ago, rmcjacket23 said:

Depending on structure, this is either a good or a bad thing.

Its a good thing if there aren't any other year 2 or year 3 option bonuses like the last contract.

When will you be able to break down the savings to see what we have to spend? 

[rmcjacket23]

Just now, Ravens4Real said:

Everyone has to remember that his cap numbers the next three years were the highest collectively out of anyone in the whole NFL.

So his cap numbers are still going to come to be around $25 million every year. 

That number still puts him at or near the top of the league in terms of QB's.

Correct, but its also in line with what current and future deals are looking like.

[rmcjacket23]

Just now, usmccharles said:

When will you be able to break down the savings to see what we have to spend? 

When I get the contract terms.

Based on reports, looks like $6M in savings in 2016 and another $7-8M in savings in 2017.

So probably looking at cap numbers of around $22-23M in 2016 and $23-24M in 2017.

This is generally a good sign, because it means we are attempting to "flatten out" his cap hits over that period so there's no huge jumps. Can very easily see the deal keeping his cap hits between $22-28M over the life of the deal, which I think is best for all parties.

[GrimCoconut]

Well, I'm pumped. Let's keep KO. 

[ALI624]

Just now, GrimCoconut said:

Well, I'm pumped. Let's keep KO. 

Love to see him sign before free agency starts highly unlikely as that is crazier things have happened.

[rudywasoffsides]

So none of you guys think it is a huge risk giving this much more cash to a guy coming off an ACL tear? No hate on Joe and I know he isn't a running QB, but part of me wanted to see him play out this year under the current contract just to make sure the knee is right and he has all his confidence back before making another long term commitment

[JO_75]

- Franchise Tucker... Check.

- Restructure Flacco's contract.... Check.

- Re-Sign KO & Release Monroe... Next.

Going to wear my Flacco jersey to celebrate. 

[usmccharles]

13 minutes ago, rmcjacket23 said:

When I get the contract terms.

Based on reports, looks like $6M in savings in 2016 and another $7-8M in savings in 2017.

So probably looking at cap numbers of around $22-23M in 2016 and $23-24M in 2017.

This is generally a good sign, because it means we are attempting to "flatten out" his cap hits over that period so there's no huge jumps. Can very easily see the deal keeping his cap hits between $22-28M over the life of the deal, which I think is best for all parties.

Yea that's what I figured.  Will we do most our cuts before March 9th to give us more freedom to work with? Looking forward to seeing our total free cap space

[Purple_Polo89]

5 minutes ago, rudywasoffsides said:

So none of you guys think it is a huge risk giving this much more cash to a guy coming off an ACL tear? No hate on Joe and I know he isn't a running QB, but part of me wanted to see him play out this year under the current contract just to make sure the knee is right and he has all his confidence back before making another long term commitment

Playing under this years contract would have hindered us bad, and why worry when he's never been hurt as bad as this. The only other time I can remember Flacco being injured would have to be when he had the huge bruise on his hip and we still made it to the AFC championship and when he had to wear the brace a couple of games. I'm completely happy with this deal cause we get to sign whomever we need to get us back in place and QB is something we won't have to work on till 2020-21 season even if that. At least we aren't other teams doing the QB shuffle again this year. We have a pretty good back up in Mallet and Schub well he's as good as gone so someone will give him another chance...I'd be surprised if we carry three.

[rmcjacket23]

13 minutes ago, rudywasoffsides said:

So none of you guys think it is a huge risk giving this much more cash to a guy coming off an ACL tear? No hate on Joe and I know he isn't a running QB, but part of me wanted to see him play out this year under the current contract just to make sure the knee is right and he has all his confidence back before making another long term commitment

Is somewhat risky yes, but then again, how poorly can he possibly play?

Sam Bradford-type QBs are getting $18M a year. If he plays poorly, we MAYBE save $2M a year in our next negotiations.

Not really worth it to me. And there's risk on the other side... what happens if Joe turns 2016 into 2012 and plays out of his mind? The cost of his next contract goes up, not down.

I think from a risk/reward perspective, this move is fine.

[GrimCoconut]

13 minutes ago, rudywasoffsides said:

So none of you guys think it is a huge risk giving this much more cash to a guy coming off an ACL tear? No hate on Joe and I know he isn't a running QB, but part of me wanted to see him play out this year under the current contract just to make sure the knee is right and he has all his confidence back before making another long term commitment

Of course there is a risk but even if Flacco struggled I don't think we'd release him the year after. That's not our MO. I think we're scared of not having Flacco and can you really blame us after the years we spent looking for a QB like Joe?

[allblackraven]

10 minutes ago, usmccharles said:

Yea that's what I figured.  Will we do most our cuts before March 9th to give us more freedom to work with? Looking forward to seeing our total free cap space

Itt's not difficult to see the number this year. We're at virtually zero now, so it'll be Flacco's 6m plus any other cuts we make.

[PolishRifle]

16 minutes ago, rudywasoffsides said:

So none of you guys think it is a huge risk giving this much more cash to a guy coming off an ACL tear? No hate on Joe and I know he isn't a running QB, but part of me wanted to see him play out this year under the current contract just to make sure the knee is right and he has all his confidence back before making another long term commitment

I can't stress this enough. Bradford got a new deal with the Eagles. BRADFORD. Sam Bradford has been in the league for 6 years and was healthy twice and even when he was healthy he was average at best. The league is starving for QBs. Having Joe is a huge luxury and it's worth to take that risk.

[usmccharles]

19 minutes ago, allblackraven said:

Itt's not difficult to see the number this year. We're at virtually zero now, so it'll be Flacco's 6m plus any other cuts we make.

Yea that's what I mean,  just waiting to see our other cuts to see what we end up with 

[bMore Heathen]

Great news to see we got him extended. It will be interesting to see how we use that cap space now. Maybe try to do something with Brandon Williams.

[cursona pirate]

Inb4 he actually signs with the Cubs.

[Daft Classic]

13 minutes ago, cursona pirate said:

Inb4 he actually signs with the Cubs.

Deal's only agreed in principle. Gotta wait on the physical before we get too excited

[Ravenskid52752]

Jason La Canfora ‏@JasonLaCanfora 7m7 minutes ago

Flacco receives $66.4M in new money (a record of $22.1M in new-money APY. He will average just under $21M for the full life of contract

 

Jason La Canfora ‏@JasonLaCanfora 4m4 minutes ago

Ravens receive cap relief and control Flacco through his prime and lower his base salaries next 3 yrs ($4M, $6M, $12M). But at a steep price

Edited March 2, 2016 by Ravenskid52752

[ellicottraven]

2 minutes ago, Ravenskid52752 said:

Jason La Canfora ‏@JasonLaCanfora 7m7 minutes ago

Flacco receives $66.4M in new money (a record of $22.1M in new-money APY. He will average just under $21M for the full life of contract

 

Jason La Canfora ‏@JasonLaCanfora 4m4 minutes ago

Ravens receive cap relief and control Flacco through his prime and lower his base salaries next 3 yrs ($4M, $6M, $12M). But at a steep price

22.1M per year? Hmm.. a little much for his recent production (after the SB it seems), but the Ravens had no leverage at all. However, I would like to amortize Joe's salary over his entire tenure with the Ravens. If you do that, Joe's yearly money doesn't look bad. I'm glad it got done though because what was the alternative? Mallett? Not a chance. Then again, if Cousins and Bradford are getting between 18-20 M a year, Joe's salary is not that much higher. But I had hoped an extension would be in 18-20M range with a large guaranteed sum.

[Ravenskid52752]

6 minutes ago, ellicottraven said:

22.1M per year? Hmm.. a little much for his recent production (after the SB it seems), but the Ravens had no leverage at all. However, I would like to amortize Joe's salary over his entire tenure with the Ravens. If you do that, Joe's yearly money doesn't look bad. I'm glad it got done though because what was the alternative? Mallett? Not a chance. Then again, if Cousins and Bradford are getting between 18-20 M a year, Joe's salary is not that much higher. But I had hoped an extension would be in 18-20M range with a large guaranteed sum.

I know for guaranteed money he's getting 44 million. yup steep price for QB's now days.

[K-Dog]

$40m bonus? 

So I guess when he goes to McDonald's later on today he will get his combo super-sized AND add an apple pie.

[Ravens4Real]

Joe Linta probably skipped to Ravens headquarters to sign that deal.

[rmcjacket23]

40 minutes ago, Ravenskid52752 said:

Jason La Canfora ‏@JasonLaCanfora 7m7 minutes ago

Flacco receives $66.4M in new money (a record of $22.1M in new-money APY. He will average just under $21M for the full life of contract

 

Jason La Canfora ‏@JasonLaCanfora 4m4 minutes ago

Ravens receive cap relief and control Flacco through his prime and lower his base salaries next 3 yrs ($4M, $6M, $12M). But at a steep price

So under this structure, here's what I would say the cap numbers will roughly look like:

2016: $22.55M

2017: $24.55M

2018: $24.75M

2019-2021: cap numbers around $26-27M, depending on annual salary structure.

 

[PolishRifle]

42 minutes ago, ellicottraven said:

22.1M per year? Hmm.. a little much for his recent production (after the SB it seems), but the Ravens had no leverage at all. However, I would like to amortize Joe's salary over his entire tenure with the Ravens. If you do that, Joe's yearly money doesn't look bad. I'm glad it got done though because what was the alternative? Mallett? Not a chance. Then again, if Cousins and Bradford are getting between 18-20 M a year, Joe's salary is not that much higher. But I had hoped an extension would be in 18-20M range with a large guaranteed sum.

I always felt, that his old contract wasn't just about the SB win, but came because of the amount of success Joe and Harbs had together in the past also. Consistently going to the playoffs and all that. 6 more years of that? I take it.

Edited March 2, 2016 by PolishRifle

[cursona pirate]

Flacco said he wanted to be here 20 years. I'm sold.

[edthehead]

what is our cap at this moment, 12 mil?

not counting up coming cuts, 

[BOLDnPurPnBlacK]

2 hours ago, JO_75 said:

- Franchise Tucker... Check.

- Restructure Flacco's contract.... Check.

- Re-Sign KO & Release Monroe... Next.

Going to wear my Flacco jersey to celebrate. 

Still dont think it makes sense to cut Monroe if we can resign KO. While it saves us a little cap space, it carries a lot of dead money. If we do it post June 1, it doesnt help us much in FA other than some bargain signings late or during the season (which we've seen can be necessary admittedly) and carries dead money to next year as well.

I'd much prefer we keep both, and if Monroe can stay healthy play him at LT with KO at LG for one more year, the next offseason when theres much larger savings cut Monroe and slide KO over. It gives us the ability to play our best oline combo this coming year when protecting Joe is at a premium, allows us to recoup the biggest cap savings when we ultimately cut Monroe, and we keep our great Oline depth.

KO has said he wants to be the highest paid guard in the league... and i think thats bc he still sees himself as a LG. If we can resign KO without cutting Monroe I just dont see any sense in cutting him, especially if KO wants to or is at least ok with playing LG.

[Ravenseconbeast]

Why?? He had one barely permissable season after SB.

 

Only difference now is he doesn't have kubiak, regressed, and with torn MCL/ACL.

What is point.  Deals alrdy done.  Screw it.

[Cillmatic]

3 minutes ago, Ravenseconbeast said:

Why?? He had one barely permissable season after SB.

 

Only difference now is he doesn't have kubiak, regressed, and with torn MCL/ACL.

What is point.  Deals alrdy done.  Screw it.

Because finding a replacement Quarterback is SO easy in 2016.

Edited March 2, 2016 by Cillmatic
EXTRA sarcasm

[Purple_City39]

7 minutes ago, Cillmatic said:

Because finding a replacement Quarterback is SO easy in 2016.

(sarcasm) Don't forget, practically anybody can play QB so long as we have a good defense and good running game.  Remember allllllll those playoff wins between the 2001 season and and 2008?  Consistently top 5 defense, top end running game (even a 2k rusher), and a whopping...........1 playoff win over 7 seasons. Clearly we should have just gotten someone cheaper (/sarcasm)