WASHINGTON: Baltimore Ravens quarterback Joe Flacco signed a three-year contract extension on Wednesday (Thursday in Manila) that will reportedly help ease the team’s NFL salary cap woes for the 2016 campaign.
Flacco, who led the team’s run to the 2013 Super Bowl crown, had been on a six-year deal worth $120.6 million that would have expired after the 2018 season. Now he’s with the Ravens through 2021.
That had him set to enter this season as the second-highest NFL salary cap player at $28.6 million with a base salary of $18 million.
The new deal with Flacco, 31, will save the Ravens almost $9 million against this season’s salary cap. Baltimore had the second-least cap space on Tuesday when signing kicker Justin Tucker as a franchise player for $4.5 million.
Flacco is recovering from a torn knee ligament suffered last November but Ravens general manager Ozzie Newsome said last week the Ravens expect him to be ready for the start of training camp.