The Denver Broncos made major NFL headlines on Tuesday when they made a trade for Baltimore Ravens quarterback Joe Flacco. John Elway’s front office, which is already trying to get rid of Case Keenum and his absurd contract, were expected to restructure Flacco’s overpriced deal going forward.
Well, now it looks like that might not be the case. This comes as a major surprise given that Flacco is owed $18.5 million this season, with $20.25 million in 2020 and $24.5 million left for the following year.
Broncos will not re-do Flacco's contract. Flacco to make $18.5 million 2019 (10th among QBs in cash now, before FA and first-rounders get their bonuses), $20.25 million in 2020; $24.25 million. None of it guaranteed but Broncos hope to pay every cent. #9sports
— Mike Klis (@MikeKlis) February 13, 2019
This decision will certainly have Denver Broncos fans scratching their heads. Really, John? Is Flacco the kind of QB that you’re willing to pay nearly $20 million this upcoming season?
If the Broncos are unable to move Keenum, they are going to have to take a sizable cap hit just to drop their seemingly failed experiment.
Report: Broncos won't rework Joe Flacco's contract https://t.co/sRZrA7Xz7j
— ProFootballTalk (@ProFootballTalk) February 13, 2019
This could be a big-time disaster for the Broncos, and mishandling this situation would likely be the final strike for Elway.