Earlier: Joe Flacco's career in Baltimore is over, according to ESPN's Adam Schefter. The Ravens have reportedly agreed to trade the veteran quarterback to the Denver Broncos.
Flacco remained Baltimore's starting quarterback at the beginning of the 2018 season before being sidelined with an injury. He was then replaced by first-round pick Lamar Jackson.
Jackson helped the Ravens reach the playoffs, and has been established as the quarterback of the future in Baltimore. That made Flacco expendable.
Because of league rules, it will be exactly one month until the trade can officially be processed. In the meantime, neither team can say anything about it.
The Broncos are a quarterback-needy team, as the franchise still hasn't found a franchise quarterback since Peyton Manning left following the 2015 season. They also have some connections to Flacco.
Flacco, 33, has been in the league the Ravens selected him in the first round of the 2008 NFL Draft. He helped lead the team to victory in Super Bowl XLVII and was named Super Bowl MVP in the process.
Stay tuned to The Spun as more details and reaction to this trade become available.
Update: Baltimore is reportedly sending a mid-round pick to Denver, according to NFL Network's Ian Rapoport.
Mike Klis of the Denver Post speculates that it could be a fourth-round pick.
Check back for further details.