Report: Joe Flacco to join Colts on 1-year deal

The Indianapolis Colts and veteran quarterback Joe Flacco reached an agreement on a one-year deal worth up to $8.7 million, according to ESPN's Adam Schefter.

The contract reportedly includes $4.5 million in guaranteed money.

Flacco joins Indy after a standout five-game stint with the Cleveland Browns last year. The 39-year-old began the 2023 season unsigned and didn't join the AFC North club until late November after a series of injuries sidelined other Browns quarterbacks. Flacco provided Cleveland's offense with a spark, averaging over 300 yards per game and passing for 13 touchdowns while going 4-1 in five regular-season starts.

He helped Cleveland and its top-ranked defense reach the playoffs before falling short against the Houston Texans in the wild-card round.

Flacco, who was named Super Bowl XLVII MVP as a member of the Baltimore Ravens during the 2012 season, took home the 2023 Comeback Player of the Year award.

The Philadelphia Eagles and New Orleans Saints also showed interest in signing Flacco before he chose to join Indianapolis, according to Rob Maaddi of The Associated Press.

The 2008 first-round pick is expected to join the Colts as a backup behind 2023 first-round passer Anthony Richardson. Gardner Minshew replaced an injured Richardson for most of the last season and recently signed a two-year contract with the Las Vegas Raiders. Indianapolis' quarterback depth chart also features Sam Ehlinger.

Flacco, who turned 39 in January, is older than Colts head coach Shane Steichen, who will be 39 in May.

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