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The Baltimore Ravens want to negotiate with their quarterback Joe Flacco with a new contract extension being the most likely outcome as his cap number currently sits as 28.5 million for the 2016 season. However, the Ravens might not have to do as much digging for money if the NFL is looking to increase their salary cap by at least 11 million.
I'm told the NFL's salary cap is expected to jump to at least $155M this year. Nearly $12M more than last year's ($143.28M).
— Rand Getlin (@Rand_Getlin) February 15, 2016
What a relief that would be for the Ravens. The Ravens regardless are most likely going to try and rework Flacco's contract but it goes without saying that this would be an outcome that the Ravens would be looking forward to.
To add to that, the leverage in terms of negotiations between Flacco and the Ravens under this scenario would lean towards Flacco in one aspect. If the Ravens feel like Flacco under performed over the last three seasons overall and want to give him a new deal with a smaller amount per year, Flacco and his agent Joe Linta can look at the salary cap increase for 2016 and tell the Ravens organization that it should be satisfied with that. The Ravens don't have any other option but to keep Flacco.
Either way, Flacco has already been on record this year stating that he wants to do everything he can to help the team as he stated via WBAL.com last month.
"I want to win so I want to do everything we can to get something done," Flacco noted. "I don't know exactly what that is or exactly what's that going to be because we haven't talked about it yet. I know that's a huge number and it's not really realistic. ... I'm open to doing something. I want to be here for a while. I want to play football here. That's what it's all about."
On another note, I would strongly advise reading up on the current salary cap numbers relating to the Ravens as Brian McFarland discusses them via RussellStreetReport.com. He's about as dialed in as anyone on the subject can be.