OWINGS MILLS — The Baltimore Ravens are not on the verge of a deal with quarterback Joe Flacco despite ongoing discussions with his agent that have included meetings at team headquarters.
There’s a distinct possibility that a new long-term contract may not get done this year due in part to the Ravens’ tight salary-cap situation.
The Ravens are currently $1.653 million under the NFL salary cap limit with Flacco accounting for an $8 million salary-cap figure in the final year of his contract. That includes a $6.76 million base salary after triggering an escalator clause.
The Ravens haven’t approached players like Pro Bowl outside linebacker Terrell Suggs ($11.52 million cap figure) about restructuring their deals and aren’t inclined to cut players to create more cap room.
Flacco is the Ravens’ all-time leading passer with 13,816 yards, 80 touchdowns and 46 interceptions.
He has attended voluntary workouts at the Ravens’ training complex.
Meanwhile, no deal is imminent for Pro Bowl running back and franchise player Ray Rice.
Under NFL rules governing franchise players, the Ravens have until July 16 to sign Rice to a long-term deal. Otherwise, he’ll play the entire season under a $7.742 million franchise tender.
Rice hasn’t signed his tender and isn’t attending offseason workouts.