By Anthony Caruso III | Publisher
The Denver Broncos are planning on acquiring Joe Flacco in a trade with the Baltimore Ravens. The deal will not become official until the new league year on March 13th.
When the Ravens do make the deal to trade their long-time franchise-quarterback, they will receive a fourth-round draft pick.
The Broncos are inheriting Flacco’s contract in this deal. He will make $18.5 million with the team this upcoming season, according to Spotrac.
Then, after the season, the brass will have to make a decision. Do they waive Flacco? Or do they keep the signal-caller for the final two years of his contract.
At the end of the 2019 season, the Broncos have an out that certain players have in their contracts. They could release him and face $0 dead cap space.
If they release him, Flacco would have made $80.5 million over four years. They also would not be responsible for his final two seasons.
Yet, if President of Football Operations and General Manager John Elway and head coach Vic Fangio elect to keep Flacco, they will be responsible for paying nearly $45 million over the final two years. He is slated to make $20.25 million during the 2020 season.
In addition, the Broncos would be responsible to pay him $24.25 million in 2021, before he becomes a free agent.