Baltimore Ravens agree to trade Joe Flacco to Denver Broncos

Baltimore Ravens agree to trade Joe Flacco to Denver Broncos

The Ravens have agreed to trade Joe Flacco to the Broncos, ESPN first reported Wednesday, after 11 seasons, one Super Bowl title and diminishing returns that ended with losing his starting job.

The agreement means that Baltimore is officially committing to Lamar Jackson as their quarterback.

The move frees up $10.5 million in cap space for 2019.

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A month before the start of free agency and almost two months before the National Football League draft, the Denver Broncos believe they found their answer at quarterback. Adding insult to injury, Darren Rovell reports the Ravens paid Flacco $73 million for those 51 games in which he won just 47 percent of his starts. The Jacksonville Jaguars, Washington Redskins and Miami Dolphins are among the teams expected to add new quarterbacks.

The Ravens must carry Flacco's $26.5m cap hit until 1 June, per the NFL Network.

Regardless, it became clear after the season that Jackson is the team's quarterback moving forward which made Flacco an expendable piece. Former Broncos executive Gary Kubiak also was a noted Flacco fan, and his opinions were a strong starting point to selling Denver on the deal. A trade is similar to cutting a player in that it pushes all the prorated bonus money normally spread out over the life of a contract to right now.