Announcement Podcast Paroxysm talks NBA with SI.com's Lee Jenkins ×

Report: Joe Flacco to Sign New Contract on Monday

Feb 3, 2013; New Orleans, LA, USA; Baltimore Ravens quarterback Joe Flacco (5) celebrates after defeating the San Francisco 49ers in Super Bowl XLVII at the Mercedes-Benz Superdome. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

Multiple reports have surfaced that the Baltimore Ravens and Joe Flacco will finalize a six-year, $120.6 million contract on Monday with Flacco signing his new deal around 2:00 p.m. ET with a press conference set shortly after.

The deal will be finalized before tomorrow afternoon’s franchise tag deadline, so the team will have a couple of hours to make a final decision on whether or not to use the tag.

Here are the details of Flacco’s deal:

 

Flacco earned the new deal with his impressive play down the stretch that ultimately led to the Ravens winning Super Bowl XLVII. It’s safe to say Flacco made the right move by passing up on the Ravens substantially smaller contract offer last offseason. For Flacco, he couldn’t have elevated his level of play at a better time.

Topics: Baltimore Ravens, Joe Flacco

Want more from FanSided?  
Subscribe to FanSided Daily for your morning fix. Enter your email and stay in the know.

4 minutes ago

2014 NFL Draft rumors: Saints expected to draft a wide receiver

8 minutes ago

NFL Rumors: Could Minnesota Vikings take a chance on Aldon Smith?

10 minutes ago

MLB News: David Robertson returning as New York Yankees closer