Mike Preston: Ravens, Flacco need to finalize extension now

Ravens quarterback Joe Flacco speaks at a press conference following practice at the Ravens training facility in Owings Mills Tuesday, July 23. Nobody wants to see the Ravens reach a contract agreement with quarterback Joe Flacco more than Flacco.

Because if they don't finalize an extension, Flacco has more to lose than just games in a city that has been his part-time home for the last eight years.

So with only 10 days before free agency begins, both sides need to end the charades and finalize a deal. The posturing should stop, first with general manager Ozzie Newsome pretending as if he doesn't need the extension, and then with Flacco's agent Joe Linta, who is still trying to be a big-time…