Ravens Joe Flacco Traded to Broncos

Keenum is still under contract through 2019, and Flacco possibly solves any immediate need the Broncos have at the position.

Denver's Case Keenum era appears to be closed.

The Denver Broncos reached an agreement with the Baltimore Ravens to trade for quarterback Joe Flacco, as first reported by Adam Schefter of ESPN.

Former Super Bowl MVP Joe Flacco could be donning a Broncos jersey next season.

Flacco to Denver. Broncos general manager John Elway's latest attempt to solve his quarterbacking needs sure doesn't seem to suggest a long-term fix, particularly considering the 34-year-old Flacco hasn't posted a passer rating higher than 85.0 since 2014. Denver will send a mid-round pick in the deal, NFL Network reported.

If we thought the Demaryius Thomas trade was evidence that Elway was finally stripping down his Super Bowl-winning team from 2015, well, think again.

Flacco lost his starting job last season to rookie Lamar Jackson and was widely expected to be traded or released in the offseason. The trade can not become official until March 13, so by league rules, the Broncos can not publicly talk about the move until then.

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Per Schefter, the deal will save the Ravens $10.5 million in cap space. Flacco has three years remaining on his contract with cap hits of $26.5 million, $28.3 million and $24.3 million.

The Broncos must pay Keenum $7 million of his $18 million base salary whether he's on the roster or not.

Waka Flacco Flame is on the move.

Flacco has a 10-5 career postseason record.

Elway is always in what he calls win "from now on" mode, and Flacco's arrival will be just more proof of that.

Flacco has spent all 11 of his National Football League seasons with the Ravens, starting all 163 of his games played. The team underperformed previous year with a record of 6-10, finishing third in the AFC West, and Keenum was partly to blame for the disappointing season.