Not so fast.
A source close to the situation told NFL.com that quarterback Joe Flacco is the next priority, and there is a "75 percent chance" a deal will be done before the start of training camp.
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Ravens general manager Ozzie Newsome always has expressed a desire to take care of his own when it comes to free agency. In the past two years, in addition to Rice, Newsome has handed out lucrative long-term deals to homegrown stalwarts such as nose tackle Haloti Ngata, offensive guard Marshall Yanda and cornerback Lardarius Webb.
Flacco is on record as saying he believes he's the best quarterback in the NFL. It soon will be known if he'll be paid like it.