They will give him extension to reduce the cap hit in 2016, or he will be cut...
That's the thing: they can't cut him. He'd be $26m in dead money. It's why giant signing bonuses and restructures are stupid. Players gain additional leverage b/c they cost extra money to cut. Somehow Flacco will have even more leverage then than he did coming off a Super Bowl win. He is their QB for a long time unless he just falls off a cliff