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Report: Joe Flacco Agrees to One-Year Deal With Jets

Veteran quarterback Joe Flacco is signing a one-year deal with the New York Jets, according to ESPN's Adam Schefter. The deal is reportedly worth $1.5 million, but could be worth up to $4.5 million with incentives.

Flacco underwent neck surgery in April and will reportedly be out until September 1, ESPN previously reported.

After a lengthy stint with the Ravens, the Super Bowl XLVII MVP joined the Broncos last season, but struggled in his eight starts and finished with a 2-6 record.

He was placed on injured reserve by Denver in November.