They will meet at the combine in Indianapolis this week, this much is certain. And, frankly, expect there to be regular dialogue between the Ravens (read: cap guru/chief negotiator Pat Moriarty) and Flacco's agent, Joe Linta, from this weekend until the March 4 deadline to apply the franchise tag, you know, assuming they don't get a deal done before then.
My money is on them working this thing out. Remember, they came within a few million bucks of getting a deal in August, and that was at a time when Flacco's place in the game was much more nebulous, when he hadn't yet had a postseason for the ages and he hadn't won a Super Bowl and didn't have that new Corvette and the Super Bowl MVP and all of that good stuff.
But at this point, certain things are obvious to all.