The Baltimore Ravens have agreed to trade Joe Flacco to the Denver Broncos. And while he can not officially be traded until the new league year begins March 13, Flacco will become John Elway's next quarterback solution. Teams prohibited from commenting on deal or terms surrounding it.
Flacco lost the starting job in Baltimore to Lamar Jackson, the 32nd pick in last year's draft. At age 33, Flacco will compete with current Broncos QB Case Keenum to be the starter. He is due $18 million in 2019, with just $7 million guaranteed.
Jackson led the Ravens to an AFC North Division title and a berth in the National Football League playoffs, completing 99 of 170 passes for 1,201 yards and six touchdowns and rushing for 695 yards and five TDs. He led Baltimore to the playoffs six times and won Super Bowl XLVII over the 49ers. The Broncos will carry $10 million in dead money if they cut him.
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Joe Flacco of the Baltimore Ravens throws a pass against the Denver Broncos on September 23, 2018 in Baltimore.
Regardless, it became clear after the season that Jackson is the team's quarterback moving forward which made Flacco an expendable piece. According to Over The Cap's calculator, trading Flacco will free up $28.25 million in 2020 and $24.25 million in 2021.
He was a first-round pick of the Ravens in 2008.