Not that its a huge salary cap hit, but once they gave Hailmary Joe that $$ and got rid off all those starters, they basically said:
"This is your team, Joe"
Anyone who watches him play, you realize that he is a pretty good QB, but in no way can put a team on his back. Hell, even my girl understands his technique of either 1.) throwing it deep to Torrey (for a PI or a reception) 2.) Check down to Ray Rice. My man got hella lucky in the playoffs and got paid- which is great- but when you look at his season #'s, its hard to say that this guy is elite.
That being said, Flacco was not the reason they lost... It was the depleted defense that the Ravens are saying is 'better' than last years. It was also the bum ass WR corp they left poor 'Hailmary Joe' with...