Courtesy Citybizlist – Joe Flacco’s salary will only count as $6.8 million against the cap this season, even though he will be paid four times as much as that, Business Insider said, quoting a tweet by ESPN‘s Adam Schefter. Flacco had agreed to a new six-year contract, reportedly at an average $20.1 million per year, with the Baltimore Ravens recently.
The Ravens, however, are taking advantage of the salary cap loophole that all teams use and giving Flacco the majority of the $30 million that he will make this season as a signing bonus, the report said. This allows the Ravens to spread the cap hit out over the life of the contract, the report said.
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