Quoting the Baltimore Sun:

"The Ravens agreed to a five-year deal with first-round quarterback Joe Flacco late last night, an industry source said.

It is believed that the deal could be worth about $30 million, including $8.75million guaranteed."

Quoting Rotoworld:

"Ravens signed rookie QB Joe Flacco, the No. 18 overall pick, to a five-year deal worth roughly $30 million. The deal contains $8.75 million guaranteed. $30 million is the 'max value'; Flacco's base is probably about $15 million.

It's hard to criticize any of Ozzie Newsome's moves (he's one of the top GMs in the game), but Baltimore trading up for Flacco reeked of desperation after Steve McNair's retirement. The Delaware grad couldn't make it in D-I, so he transferred to a low level college and had two decent years, finishing with a 41:15 TD to INT ratio against defensive backs that will never see the light of day in the NFL. He's got a cannon, but don't be shocked if Flacco's play resembles Andrew Walter's, especially behind an unproven offensive line."

I'm glad that we finally got him signed. Now, he won't miss any reps in camp. I don't know what to think about Rotoworld's comments. I don't think that Flacco was a reach. Ozzie probably would have taken him at eight. He saw that he was undervalued because of his school and knew that he could get him later.

Hopefully this is just the first of many more rookie signings... and soon.