Baltimore Ravens general manager Ozzie Newsome said Thursday that the team will not franchise any player if they can re-sign quarterback Joe Flacco, according to the NFL Network's Albert Breer.
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The Ravens might not have much wiggle room if they re-sign Flacco. With about $21 million to work with (after Ray Lewis' money comes off the books) against the salary cap, signing Flacco would be tight. That wouldn't leave much room for free agents, let alone someone like Reed, who is likely to be courted by many NFL teams.
Reed has been one of the best safeties in the NFL since he was drafted by the Ravens in 2002. Reed is a nine-time Pro Bowler and a five-time first team All-Pro.