Agent Joe Linta, when asked in an interview with CNBC whether Flacco should be the highest-paid quarterback, simply responded, "Yes."
"When you do a contract of this magnitude, you look at what is the player's body of work presently," Linta told CNBC. "And what are the expectations going forward over the next four, five or six years.
"Joe wins on both accounts."
Flacco passed for 1,140 yards, 11 touchdowns and zero interceptions in the Ravens' four-game postseason run, which ended Sunday with a 34-31 win against the San Francisco 49ers in the Super Bowl.
Flacco was selected by the Ravens in the first round of the 2008 draft and this season became the only quarterback to win a playoff game in each of his first five seasons.