July 17th, 2008 
Matt Loede 
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The deal for Ravens QB Joe Flacco appears to be done, as sources are reporting that the first-round pick has inked a deal with Baltimore that will pay him nearly $30 million over five years. Flacco has maintained from the start that he wanted a deal done so that he could report to camp on time, and he got his wish.
Flacco’s deal includes Brady Quinn-style escalators according to ProFootballTalk.com. Those escalators will depend on how much playing time Flacco sees in the 2008 season. Now that he’s in the fold from day one of camp, it will be interesting to see if the rookie has enough to overtake Kyle Boller and Troy Smith for the starting QB job.
The 18th overall pick in April’s draft is also due to make $8.75 million is guaranteed money according to sources.
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The Ravens still need to trade for Brett Favre thereby allowing Joe Flacco ayear or two to adjust to the speed and rhythm of the pro football game.