Ravens owner Steve Bisciotti, in speaking with the Baltimore Sun’s Jamison Hensley, stated that it was his belief that negotiaions would begin with Joe Flacco on a contract extension. Bisciotti, made a point to note that the negotiations would begin in a similar manner as those with head coach John Harbaugh, who signed an extension last month.

“I hate to speak for Ozzie [Newsome, general manager], but I would imagine that like John Harbaugh, we would be starting negotiations with [Flacco] so that entering 2012 he won’t be playing in his final year,” Bisciotti said Monday in an interview with The Baltimore Sun at the NFL owners meetings. “I would anticipate an extension that starts in 2012.”

It would seem that this move would be a no-brainer. Flacco has improved in his three years as the starter for the Ravens, and seems entrenched as the starter for as long as his performance meets the coaches’ standard. But should the Ravens go ahead and lock him up, particularly if he has issues coming up big in the big moments? If he cannot win the games that matter the most?  What if Flacco regresses in the upcoming season (if there is one)? Should he and the club negotiate an extension of his current contract if his performance declines noticeably?

It appears that at least to the owner, the Ravens have their quarterback of the future, and that his past and predicted performance is ready to be rewarded. Good move, or questionable strategy? Leave your opinion in the comments.