New Broncos coach Vic Fangio spent one season in Baltimore while Flacco was with the team.
The two teams are unable to comment about the terms of the deal until March 13th, so we'll know more then what the Ravens got in return for Flacco. Flacco is set to make $18 million in 2019. Denver will send a mid-round pick in the deal, NFL Network reported.
That means Baltimore will have an estimated $31.999 million in available cap space for 2019 given current salary cap projection of $190 million.
The decision to trade Flacco shows the team's commitment to quarterback Lamar Jackson who was the team's first round pick previous year. Flacco's quarterback rating hasn't risen above 90 since the 2014 season.
A month before the start of free agency and almost two months before the National Football League draft, the Denver Broncos believe they found their answer at quarterback.
Flacco was voted the MVP of Super Bowl XLVII in 2012.
The deal, while perplexing on the surface, will create a ripple effect in Denver.
This marks the first trade for new Ravens general manager Eric Decosta, who replaced Ozzie Newsome at the conclusion of last season.