The Ravens paced a first round tender on Lardarius Webb and a second round tender on Dannell Ellerbe on Monday which put them at an estimated $8 million under the salary cap.  Not a whole lot flexibility as the Ravens would like to also retain Jameel McClain.

Aaron Wilson of the Carroll County Times says that the Ravens are preparing for a long negotiation with Joe Flacco.  “The Ravens are saving room for a potential blockbuster contract extension for quarterback Joe Flacco that may take several months to negotiate,” Wilson tweeted.

A blockbuster extension huh?  One like Mark Sanchez’s five-year, $58.25 million extension?

Is that really a good idea for the Ravens right now?  He’s a free agent after this season.  Would it be better for the Ravens to hold off on that “blockbuster” deal?