Originally posted on Pro Sports Daily  |  Last updated 7/18/12

The Ravens are moving toward a contract extension with quarterback Joe Flacco, and the deal could even be finalized at or before the start of training camp next week.

NFL.com reported the two sides were closing in and estimated Flacco had a "75 percent chance" of signing his deal before the team reports to camp.

Flacco was a first-round pick in 2008 and has won at least one playoff game in each of his four NFL seasons. The Ravens lost in the AFC Championship game last season.

Lee Evans wasn't able to hold onto a pass in the end zone with 22 seconds remaining in a 23-20 loss to the Patriots and Billy Cundiff missed a potential game-tying field goal.

Signing running back Ray Rice to a $40 million deal last week cleared significant cap space for Baltimore to define parameters of a deal with Flacco. He's in the final year of his rookie contract which paid him a total of $12 million.

Yet Flacco maintained the contract wouldn't be an issue, expressing confidence in general manager Ozzie Newsome to get a new contract done. How quickly the sides come together might depend on how strongly Flacco feels about being paid as one of the top quarterbacks in the NFL. He said in the offseason that he believes he's the best quarterback in the league.

Drew Brees signed a five-year, $100 million deal on Friday and Peyton Manning could make $96 million on a five-year contract signed with the Broncos in March.

Ios_download En_app_rgb_wo_45

Auburn legend Bo Jackson using Heisman vote for Alabama star

Gronk: Tom Brady doesn't age, seems like he's in his 20s

Cam Newton says Greg Hardy was a 'great teammate'

Ohio State plans to end Mirror Lake jump tradition after death

WATCH: Jason Kidd ejected for swiping ball out of ref's hands

Brad Stevens: Celtics had 'real conversations' after loss to Hawks


Les Miles unsure about his future at LSU

Saban will not rule out Kenyan Drake for Iron Bowl

Andre Drummond responds to Khris Middleton saying he doesn’t like contact

Lacking Jazz: Why Utah’s offense has struggled this season

Magic to bench Victor Oladipo, start Channing Frye

10 unheralded NFL players set to make a major impact in Week 12

LeBron James, James Jones lead players-only meeting after loss

Brady: Few have more respect for Peyton Manning than me

WATCH: Marcus Foligno flips Carter Hutton

Blaine Gabbert was only person at his press conference

Report: Alabama DC Kirby Smart a front-runner for South Carolina job

Kristaps Porzingis really wants to meet Turtle from ‘Entourage’

Top storyline for each Week 12 NFL game

WATCH: Ref injures Yakupov's leg by pulling him down

Ryan Fitzpatrick shaves beard to ‘switch up the mojo’

Bedlam is bigger than ever, but which team will be better than ever?

5 outrageous predictions for Week 12 of the NFL season

How the Detroit Lions became the face of football on Thanksgiving Day

The 10 most disappointed fan bases of the 2015 college football season

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
Get it now!
Ios_download En_app_rgb_wo_45

Top storyline for each Week 12 NFL game

Top 10 matchups for Week 12 of the NFL season

The 10 most disappointed fan bases of the 2015 CFB season

Gronk: Takes mental toughness not to overeat on Thanksgiving

Blue Jays fans create website in effort to keep David Price

The five most overrated teams in the Week 13 coaches' poll

10 storylines for Week 13 of the college football season

Ranking the 10 best games of 2015 college football rivalry week

Examining the Mavericks' hot start

Johnny Bench(ed): Manziel demoted to third string

Today's Best Stuff
For Publishers
Company Info
Follow Yardbarker