As I’m sure you’ve already heard, the Baltimore Ravens re-signed defensive tackle Haloti Ngata to a blockbuster new five year contract.  We’ve mentioned the details of Ngata’s new deal, but in short he’s going to be paid very well for continuing to wreak havoc on offensive lines, running backs and quarterbacks.

Signing Ngata is a large piece in the puzzle that is the Ravens future.  And no, that’s not because he’s 6′ 4″, 330 pounds.

As the Ravens continue to build towards the post-Ray Lewis/Ed Reed future, the next big contracts to be handed out will go to running back Ray Rice and quarterback Joe Flacco.  Baltimore’s success under John Harbaugh can be attributed to the development of these two players.  Flacco and Harbaugh are often mentioned as a tandem and their careers seemed to be measured together.

When asked about Haloti Ngata’s new contract on Wednesday, Flacco hinted that he’s ready for an extension himself.  “Hopefully in the future, all of us are going to get a new deal,” Flacco told Aaron Wilson of the Carroll County Times.  “I am not going to think about it. I’m just glad for Haloti.”

Flacco is due to make $4.485 million this season, $4.61 in 2012 and becomes a free agent in 2013.