Flacco, Ravens good to go with 3-year contract extension (Yahoo Sports)

Joe Flacco pocketed several million dollars and the Baltimore Ravens saved valuable salary cap space after the quarterback signed a three-year extension Wednesday. Flacco received an NFL-record $40 million signing bonus to extend the six-year, $120.6 million contract he received in 2013 after earning Super Bowl MVP honors. If a new deal hadn't been made, Flacco's salary cap hit to the club this season would have been $28.55 million.