Joe Flacco Signing New Deal Today

When word broke Friday night of a deal in principle between the Ravens and quarterback Joe Flacco, agent Joe Linta issued a statement explaining that, if there are no issues with the language of the contract, Flacco would sign it.

The six-year, $120.6 million deal pays out $51 million over the first two years, and $62 million over the first three, we’re told.

In all, $52 million is guaranteed. It’s currently unclear how much is fully guaranteed upon signing, and how much is guaranteed for injury only.

The agreement will be signed at 2:00 p.m. ET.

For more on this story visit: Mike Florio, NBC Sports Pro Football Talk