Ravens | Joe Flacco deal loaded

Updating an earlier report, Baltimore Ravens QB Joe Flacco received $66.4 million in new money in his contract extension. The $22.1 million average per year set a record for annual new money, and he’ll average just under $21 million per year through the life of the deal. Flacco will have base salaries of $4 million, $6 million and $12 million the next three years. His 2016 cap number reduces from $28.6 million to $22.6 million. It projects to reduce in 2017 from $31.5 million to $24 million and around $25 million in 2018.