I think the question that needs to be asked here is if Flacco were to go down with an injury and the Ravens were forced to play an entire season without him (a la the 2011 Colts), would they still be somewhat competitive or would they instantly become the worst team in the league? I guess in Baltimore's eyes it's he latter.
Maybe not the worst team in the league, but not very good.
I think it's interesting to note that some of the best free agent WR signings in the last 4 years have been in Baltimore. Boldin, Houshmanzedah, Mason, Jacoby Jones, Mark Clayton and they've successfully gotten their best and still have a very young group now with Torey Smith and Tandon Doss. And let's not forget Ray Rice is only 26 and has great hands out of the backfield.
Tyrod Taylor? Seriously?
Look, I don't like this team for a lot of reasons (Cleveland), but they have done a masterful job of keeping some vets while bringing in young talent as well and from top to bottom, they have one of the best rosters in the league.