Joe Flacco's agent is scheduled to meet with the Baltimore Ravens this week.
Joe Linta has been trading phone calls in recent days with the Ravens to discuss a sit down.
The Ravens will use their franchise tag on Flacco if they are unable to agree on a long-term deal.
Ravens general manager Ozzie Newsome said he's "optimistic" that the team will get a long-term deal done.
The exclusive tag would take $20 million of cap space for the Ravens this season.