"Big move by Elway,'' Sanders wrote via text to Mike Klis of 9NEWS. "Veteran leader who has won the big game. We also have money to spend to in free agency as well. Looking forward to seeing more pieces put into place.''
"I like it,'' Broncos cornerback Chris Harris Jr. added. "Hopefully we get more pieces around him."
Denver has had four different starting quarterbacks in the three seasons since Peyton Manning retired, going 20-28 in that span. The Broncos signed quarterback Case Keenum to a two-year, $36-million contract in 2018 after shuffling through starts from Trevor Siemian, Paxton Lynch and Brock Osweiler in 2017. Siemian and Lynch split starter's duties in 2016.
Keenum had 3,890 passing yards, 18 touchdowns, and 15 interceptions during the 2018 campaign.
Flacco, who lost the starting job in Baltimore to rookie Lamar Jackson this past season, has three years remaining on his existing deal and will earn $18.5 million in base salary in 2019 unless his contract is reworked. He threw for 2,465 yards with 12 touchdowns and six interceptions in 2018.
The 34-year-old was the MVP of Super Bowl XLVII in February 2013, leading the Ravens to a championship win over the San Francisco 49ers.