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Breaking: Flacco, Ravens Agree To Record-Setting Contract

Christian Petersen/Getty Images(BALTIMORE) --  The Baltimore Ravens and Super Bowl MVP Joe Flacco have agreed to a contract that will make him the highest paid quarterback in NFL history, according to a report from FOX Sports.

The deal is reportedly for six years and is worth more than $120 million.

Flacco's 63 wins in the regular season and post season are the most by a quarterback in his first five seasons in the Super Bowl era.

The 28-year-old has thrown for 17,633 yards and 102 touchdown passes in 80 career games.

Flacco led the Ravens to a memorable postseason, leading them to a 34-31 victory over the San Francisco 49ers in Super Bowl XLVII.

The two sides will work out the contract language throughout the weekend and Flacco is expected to sign the deal on Monday in Baltimore.

Copyright 2013 ABC News Radio

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