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| AP Photo/Gail Burton |
However, according to ESPN NFL Insider Adam Schefter, the talks have been shelved for the rest of the year.
Both sides were working towards a long-term agreement in the first week of August and got very close to finalization before talks got shelved again.
Related: 2012 NFL Week 1: Packers WR Greg Jennings Ends Talks For Contract Extension
Since then, according to Schefter, they haven't talked for six weeks since almost finalizing a deal. Flacco has thus far been pretty impressive since Week 1 and if he can continue that, he could get the contract he's been waiting for.
Flacco is in the last year of his contract, so talks could resume after the season is over. If things don't work out, Baltimore does have the right to franchise-tag him.
If talks were to resume again, Schefter reports that the contracts would have to be re-worked all over again.
Josh Dhani is the founder of FootBasket. You can read more about him at his website. Follow him on Twitter @joshdhani.
