Originally Posted by ChampionTexan
Yeah, but the problem for the Ravens is they'll have $25,850,000 in unamortized bonus/guaranteed money left on that contract after year three. That means that essentially they've given Flacco all of the leverage in negotiations (ie: cutting him means you take a $25.85 million cap hit instead of a $28.55 million in year 4).
You're not talking about the typical restructure, you're talking about an extension. If Joe decides to play hardball, he's got the Ravens by the short-hairs.
I am not a capologist but Islept in a Holiday Inn last night...LOL
Serious question: how does Joe have all the leverage now?