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Flacco's Denver tenure will likely end the same way his Baltimore one did: on the bench while a younger quarterback gets the chance to shine. It looks like the Broncos are focusing on Lock as the future. And it's going to cost them dearly.
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ESPN's Bill Barnwell posted an interesting tweet back in September, noting that his colleague Jeff Legwold reported the Ravens restructured Flacco's deal before the season started:
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As @Jeff_Legwold just noted, Broncos restructured Joe Flacco's deal to create $13.6 million in cap space this year.
Before, Broncos wouldn't have owed any dead money if they cut Flacco after one season. Now, they would owe $13.6 million.
— Bill Barnwell (@billbarnwell) September 7, 2019
The Broncos converted $17 million of Flacco's salary to a bonus so they could save cap space this past season. But now, he's likely going to be dead money.
Before the restructure, cutting Flacco this offseason would have cost the Broncos $0. Now? $13.6 million. That means Flacco will cost the Broncos $30.6 million for playing half a season – nearly $4 million per game.
Flacco's future is unclear at the moment. He just turned 35, so he's already at the tail end of his career. If the Broncos release him, he may sign on with another team, but it would likely be as a backup.
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It's possible Drew Lock turns into a great quarterback and the Broncos come out of this alright. Either way, paying $30.6 million for half of a disappointing season is a lot to swallow.