Posted: 3:44 p.m. Thursday, July 25, 2013
By Dave Choate
The seemingly endless negotiations on Matt Ryan's contract extension have ended, according to Chris Mortenson, and the result is a hefty new contract that will carry him through his age 33 season.
Ryan deal is done with 5 year ext at $103,750 million, $59 million guaranteed, $63 mill in first 3 years, $20.75 mill average per— Chris Mortensen (@mortreport) July 25, 2013
There are some who are going to question the length (only five years?) or the money ($59 million guaranteed? THAT'S PEYTON MONEY), but this is about what we should have expected. It provides more guaranteed money than Joe Flacco got, it's relatively frontloaded and it makes Ryan one of the highest paid quarterbacks in the NFL. Given that he had roughly top five production in 2012, it's a hefty but quite sensible contract.
Here are the important takeaways here:
The rest is gravy. We'll get a year-by-year breakdown before the season starts, I'm sure, but the Falcons aren't stupid enough to cripple their cap flexibility entirely with a move like this, and they have their franchise quarterback for a half-decade more, at least. Everything's great in Flowery Branch right now.
Your thoughts on the contract?