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The full Flacco deal

Joe Flacco

Baltimore Ravens quarterback Joe Flacco speaks at a news conference at the team’s practice facility in Owings Mills, Md., Monday, March 4, 2013. Flacco agreed to a contract that will make him the richest quarterback in NFL history after leading the Ravens to a Super Bowl XLVII victory over the San Francisco 49ers. (AP Photo/Patrick Semansky)


On Monday, Ravens quarterback Joe Flacco signed his contract. On Tuesday, the full details have surfaced.

Per a source with his knowledge of the contract, here are the terms:

1. $29 million signing bonus.

2. $1 million base salary in 2013.

3. $15 million option bonus due in 2014.

4. $6 million base salary in 2014.

5. $7 million option bonus due in 2015.

6. $4 million base salary due in 2015.

7. $18 million base salary in 2016.

8. $20.6 million base salary in 2017.

9. $20 million base salary in 2018.

The cap numbers are $6.8 million in 2013, $14.8 million in 2014, $14.55 million in 2015, $28.55 million in 2016, $31.15 million in 2017, and $24.75 million in 2018.

The reduced cap number in the last year of the deal gives the Ravens protection against the 20-percent raise arising from the use of the franchise tag. The $24.75 million cap number in 2018 becomes a $29.7 million franchise tag in 2019.

Still, it’s the $28.55 million cap number in 2016 that will force a new deal, barring a major (and unexpected) spike in the salary cap.