Joe Flacco Contract

Last Modified Aug 12, 2024 16:17 GMT

Even in the twilight of his career, Joe Flacco is still a sought after quarterback in the league due to his experience which was seen in March 2024, when Indianapolis Colts inked him to a 1-year contract to mentor and back up Anthony Richardson. After DeShaun Watson was ruled out for the rest of the season last year, it looked like the Cleveland Browns’ playoff hopes were going down the drain. Despite having a fantastic defense, led by Myles Garrett, the lack of offensive firepower was a major hurdle that the team failed to solve. Entered Joe Flacco, who put the team on his back and led them to the playoffs with 4 wins in 5 games.

Flacco would cement himself as one of the better quarterbacks in the league, under his rookie-scale deal with the Baltimore Ravens. In the final year of that deal, he would truly cement himself in the history books with an all-time great playoff run. But, once the ink dried on the season, few could argue otherwise.

After rejecting the initial contract extension, Flacco would finish the season with similar numbers to his previous seasons. However, it was the playoffs where he would truly shine. En route to beating both Peyton Manning and Tom Brady, Flacco would lead the charge for the Ravens to a Super Bowl XLVII victory.

During the run, he would tally three straight games with a passer rating over 100, throwing three touchdowns in each of those games. Further, his 11 passing touchdowns were the most for a single playoff run, and also the most touchdowns without an interception in playoff history.

Flacco would sign a six-year deal with the Ravens in the next offseason, worth $120 million, the most in NFL history for a quarterback. But, the first year was objectively the worst of his career, with career lows in almost every category, leading many to believe that the 2012 run was a fluke. However, the next year, he would enjoy the single-best season, this time finding high numbers during the regular season.

Unfortunately, a torn ACL and MCL would take Flacco out 10 weeks into one of his worst-performing years from a team standpoint. The last few years would see his play continue to diminish. Eventually, a hip injury saw Lamar Jackson replace him in the lineup and on the team.

In 2019, Flacco was traded to the Denver Broncos. In eight games, he would post similarly mediocre numbers as his last few seasons with the Ravens. The next season, he became a member of the New York Jets, where he would spend two stints, both average at best.

After the 2022 season, with Aaron Rodgers coming to New York, the team could find no use for Flacco and he was left as a free agent. Thankfully, the Browns came calling and somehow, the veteran discovered his early-2010s form when he took the Browns to the playoffs.

Joe Flacco
Joe Flacco

Joe Flacco Contract Breakdown

Here is a breakdown of Joe Flacco’s current one-year deal with the Indianapolis Colts according to spotrac:

ContractSigning BonusAverage SalaryGTD at SignTotal GTD
1 yr(s) / $4,500,000$1,500,000$4,500,000$4,500,000$4,500,000
YearBase SalarySigning BonusCap HitDead CapYearly Cash
2024$3,000,000$1,500,000$5,000,000$4,500,000$4,500,000

How much is Joe Flacco getting paid?

As per the terms of Joe Flacco’s current contract with the Indianapolis Colts, he has an average annual salary of $4.5 million. In 2024, Joe is set to earn a base salary of $3 million. The contract amounts for 2024 to carry a cap hit of $5 million and a dead cap value of $4.5 million.

How much money does Joe Flacco make a minute?

Joe Flacco's deal earns him approximately $8.58 per minute.

How much of Joe Flacco’s Contract is guaranteed?

Joe Flacco's whole contract worth $4.5 million is a guaranteed deal.

What are the terms of Joe Flacco’s Contract?

Joe Flacco’s deal with the Colts included a $1.5 million signing bonus and guaranteed him $4.5 million at the signing, according to Spotrac.

Joe Flacco Contract History

Joe Flacco has signed seven contracts including his rookie deal before signing his 1 year contract in 2024.

YearContractSigning BonusAverage SalaryGTD at SignTotal GTD
2008- 20125 yr(s) / $29,750,000 $5,950,000$8,750,000$8,750,000
2013- 20186 yr(s) / $120,600,000$29,000,000$20,100,000$29,000,000$29,000,000
2016 - 20213 yr(s) / $66,400,000$40,000,000$22,133,333$44,000,000$44,000,000
2020- 20201 yr(s) / $1,500,000$550,000$1,500,000 $550,000
2021- 20211 yr(s) / $3,500,000$2,425,000$3,500,000$3,500,000$3,500,000
2022- 20221 yr(s) / $3,500,000$1,730,000$3,500,000$2,850,000$2,850,000
2023- 20231 yr(s) / $2,500,000 $2,500,000

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FAQs

A: Joe Flacco won a Super Bowl in 2012 season with the Baltimore Ravens.

A: Joe Flacco and the Indianapolis Colts agreed to a one-year, $4.5 million deal in 2024.

A: According to spotrac, Joe Flacco has accumulated $175.67 million in career earnings.

A: Joe Flacco has a win-loss record of 103-82 in his NFL career in the regular season. Further, his playoff record of 10-6 is simply outstanding, including a Super Bowl victory in 2012.

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