What happened: The Cincinnati Bengals are signing quarterback Joe Flacco to a one-year contract, according to NFL Network's Tom Pelissero. Flacco, a former Super Bowl MVP with the Ravens, joins as a veteran addition to the Bengals' quarterback room. The deal comes as the team prepares for the 2024 season.

Why it matters: With Joe Burrow's history of injuries, including missing most of 2023, Flacco provides a reliable starter who went 4-1 for the Browns late last season, carrying playoff implications for the Bengals in the competitive AFC North. Historically, Flacco has thrived in relief roles, offering stability for a contender.

What to watch: Monitor Bengals' training camp for Flacco's role and Burrow's health updates; watch preseason odds adjustments for AFC North contenders.