Report: Flacco agrees to terms with Ravens

QB will be highest-paid player in NFL, ESPN reports

By The Sports Xchange
POSTED: 04:22 PM PST Mar 01, 2013    UPDATED: 12:59 AM PST Mar 03, 2013 
Super Bowl XLVII, Baltimore Ravens QB Joe Flacco

Quarterback Joe Flacco agreed to contract terms with the Baltimore Ravens on Friday, according to several media reports.

They have agreed to a six-year, $120.6 million contract that will make the quarterback the highest-paid player in NFL history, a source familiar with the deal told ESPN NFL Insider Adam Schefter on Friday.

Flacco and the Ravens will finalize the deal on Monday, according to the Baltimore Sun.

The Sun and Fox Sports were the first to report the deal.

Flacco threw three touchdowns to lead the Ravens to a Super Bowl victory over the San Francisco 49ers last month. The 28-year-old threw 11 touchdowns and no interceptions in the playoffs.

For the season, Flacco threw for 3,817 yards with 22 touchdowns and 10 interceptions.

The Ravens had until Monday to get a deal done or slap a $14.9 million franchise tag on him.