The Baltimore Ravens and the agent for Super Bowl MVP Joe Flacco are scheduled to meet Friday in Indianapolis in their first negotiating session since August, a league source told ESPN NFL Insider Adam Schefter.

The Ravens and Flacco's agent, Joe Linta, had been trading telephone calls in recent days to try to schedule the face-to-face negotiating session. Both sides will try to hammer out a deal before the March 4 deadline that teams have to use their franchise tag. If no deal is reached, Flacco is expected to be tagged.