Flacco played out his five-year rookie contract and led the Ravens to the Super Bowl title. He is negotiating with the team on a new deal and has not been tagged.
Under the franchise tag in 2013, a player is paid according to a formula based on salaries for the past five years at the position and their percentage of the total salary cap. With the non-exclusive tag, his team has the right to match any offer sheet, or get two first-round draft picks in return for allowing him to leave. An exclusive tag ties him to his current team.