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Report: Ravens, Flacco not close to new contract

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(Credits: Nick Laham/Getty Images)

Contract negotiations between the Baltimore Ravens and quarterback Joe Flacco have continued and have been cordial, but the two sides are not close to a deal and it’s unlikely something will get done soon, according to NFL.com’s, Jason La Canfora.

It’s been well documented and chronicled that both sides want to work out a long-term deal to keep Flacco in the Charm City. However, it appears, at least at this point, the timing of the deal isn’t quite right. Flacco is participating in voluntary offseason workouts and has no plans of holding out, sources told La Canfora.

It wouldn’t be inconceivable to think that Flacco will play out the final year of his rookie contract before agreeing to a long-term extension with the Ravens. If this ends up being the case, depending on what types of numbers Flacco puts up, it could either end up hurting him or helping him in future contract discussions.

Flacco is set to make $6.76 million for the upcoming season in base salary with a $2.1 million roster bonus.