Should the Ravens have waited to trade Joe Flacco?

Joe Flacco is headed to the Broncos in a trade that can become official March 13

The Baltimore Ravens agreed in principle to trade quarterback Joe Flacco to the Denver Broncos, ESPN's Adam Schefter reported Wednesday.

The 34-year-old Flacco has had back issues the last few seasons and his play has slipped.

In nine games previous year, Flacco threw for 2,464 yards, completing 232 of 379 attempts for 12 touchdowns and six interceptions.

Let's take a look at the aftermath of this trade and what it could possibly mean for the Broncos this season.

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This move will help the Ravens save 10.5 million dollars in cap space and now Joe has found a new team that will give him another chance to be a teams starting QB. The rest is forever part of Broncos lore: four consecutive division titles in Manning's four seasons, two Super Bowl trips and a Super Bowl 50 win in Manning's final game. He is to be paid $18.5 million next season, $20.25 million in 2020 and $24.25 million in 2021.

Case Keenum - the Broncos' starter in 2018 - and Kevin Hogan both remain on the Broncos' roster. Flacco completed 61.2 percent of his passes and threw for 12 touchdowns with six interceptions through nine games in 2018, with the team registering a 4-5 record in his starts. He downed new Broncos coach Vic Fangio's 49ers in Super Bowl XLVII and, lest we forget, slayed Peyton Manning's Broncos and Tom Brady's Patriots in that same 2012 postseason, undoubtedly the best month of his National Football League career. That's one possibility. Another is that Denver strengthens its offensive line, which is also a need for the Packers.

As Dolphin fans turn their nose up reading this, the team will be looking for a veteran quarterback under center as they're set to release Ryan Tannehill after seven seasons.

But then again, it's important to note when it was reported in December that Flacco and the Ravens would part ways, Baltimore wanted to treat Flacco with class. Flacco is in the twilight of his career so the compensation seems fair.

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