Broncos to acquire Joe Flacco from Ravens

Ravens trading Joe Flacco to Broncos

Team sources said Elway spoke with Keenum on Wednesday morning about what has transpired this week, just after the Broncos and Ravens narrowed the terms on a Flacco trade.

Flacco lost his starting job last season to rookie Lamar Jackson and was widely expected to be traded or released in the offseason.

Everyone made the same "elite" joke after Flacco was sent to the Broncos.

The former Heisman Trophy victor threw for 1,201 yards on 99 attempts for six touchdowns and three interceptions.

Case Keenum - the Broncos' starter in 2018 - and Kevin Hogan both remain on the Broncos' roster.

Any reported trade - and the corresponding compensation - can not be made official until the new year begins on March 13. Since Peyton Manning's magical run in Denver, the Broncos have been desperately looking for consistent production from their QB, and John Elway's moves to fill the position have been largely criticized by fans and analysts. And the Niners, who own the No. 2 overall pick, could easily be eyeing a possible trade down in what is turning out to be a thin class at the position. In the lone win of Lynch's career, he threw for 170 passing yards and one touchdown to beat the Buccaneers. When the deal is completed, the Ravens will save $10.5 million in cap space.

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

A first-round draft pick in 2008 (No. 18 overall), Flacco carries a $26.5 million salary cap hit on his current contract. The Ravens were 4-5 under Flacco before Jackson led them on a 6-1 tear to earn a playoff appearance.

New Broncos coach Vic Fangio was in Baltimore for Flacco's first two seasons, so he knows what he'll be getting.

The 11-year veteran played in nine games in 2018 - including a Week 3 matchup against the Broncos in Baltimore - before he suffered an injury that forced him out of the lineup.

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