ESPN's Adam Schefter reports the Ravens have "agreed in principle" to trade Joe Flacco to the Broncos.
The deal cannot be announced until the new league year opens March 13, but it sounds like Mile High will be Flacco's new home for the immediate future. GM John Elway has been feeling the heat in recent years to find a quarterback, whiffing on Paxton Lynch as a first-rounder and then watching Case Keenum flop as a free-agent pickup last year. Flacco just turned 34 in January and is by no means an upper-echelon starter, but he's good enough in the middle of the pack at the position where a team can win with him. This means Keenum will almost surely be released after one season with the Broncos and likely takes Denver out of the market for a first-round quarterback in April's draft.