The three-year, $27 million contract extension that New England Patriots quarterback Tom Brady reportedly signed shouldn't affect the Ravens' pending business with quarterback Joe Flacco much, if at all.
All the deal does is decrease the exclusive franchise tag from $20.46 million to $19.63 million, because Brady went from a $21.55 million cap figure down to $13.8 million in 2013.
Now, New Orleans Saints quarterback Drew Brees' $17.4 million salary-cap figure for 2013 is one of the top five salary-cap figures that the exclusive franchise tender is derived from, along with New York Giants quarterback Eli Manning's $20.85 million ($13 million base salary), Detroit Lions quarterback Matthew Stafford's $20.82 million ($12.5 million base salary), Denver Broncos quarterback Peyton Manning's $20 million ($20 million) and Pittsburgh Steelers quarterback Ben Roethlisberger's $19.596 million ($11.6 million base salary).
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The Ravens have until March 4 to decide whether to make Flacco their exclusive franchise player, at a cost of $19.63 million against the salary cap for the 2013 fiscal year, or a nonexclusive franchiste tender of $14.6 million.
The Ravens, specifically vice president of football administration Pat Moriarty, are in talks with Joe Linta, Flacco's agent, in an effort to avoid making Flacco the franchise player and avoid an even tighter salary-cap situation than they are in now.
Linta has said he wants Flacco to be the highest-paid quarterback, which would entail paying him more than the annual average for Brees ($20 million) and Peyton Manning ($18 million).
If the Ravens were to go to the Brees or Manning level and construct a Flacco contract based on those pacts, here's a look at how the prospective deal could shape up:
Brees' $100 million contract includes $60.5 million in guaranteed money.
In 2012, he had a base salary of $3 million with a first-year salary cap figure of $10.4 million as he received a signing bonus of $37 million. $12 milion of the signing bonus was deferred to Jan. 15 of this year.
In 2013, Brees has the $17.4 million salary-cap figure and a $9.75 million base salary. The salary is fully guaranteed with no offset language.
In 2014, Brees has a salary-cap figure of $18.4 million and a base salary of $10.75 million.
In 2015, Brees has a salary-cap figure of $26.4 million with a base salary of $18.75 million.
In 2016, the final year of his contract, Brees has a salary-cap figure of $27.4 million with a base salary of $19.75 million.
As for Manning, his $96.004 million contract, like the Brees deal negotiated by agent Tom Condon, carries $58 million in guaranteed money.
In 2012, his base salary was $18 million and his salary-cap figure was $18.004 million.
In 2013, Manning's base salary and salary-cap figure are both $20 million. He was given a salary advance of $5 million.
In 2014, Manning has a $20 million salary-cap figure and a $20 million base salary.
In 2015, Manning has a $19 million salary-cap figure and a $19 million base salary.
In 2016, the final year of his contract, Manning has a $19 million cap figures and base salary.