With five consecutive winning seasons under his belt for a franchise that has never had back-t0-back winning seasons, Matt Ryan and the Atlanta Falcons have agreed to a five-year extension.
Ever since the Falcons lost superstar quarterback Michael Vick due to legal problems, they learned the hard way of just how a quarterback can either move a franchise forward or bring it all down in a blink of an eye. With one year remaining on Ryan’s six-year rookie contract, the Falcons front office wanted to make sure that they had their franchise quarterback all set for the future.
League sources told ESPN senior analyst Chris Mortensen that Ryan’s five-year contract is worth up to $103.75 million, which guarantees Ryan $59 million and could earn $20.75 million annually. Sources also said that Ryan will earn $63 million in the first three years.
Ryan’s extension will place him as one of the top-paid quarterbacks in the NFL, as he joins Aaron Rodgers, Joe Flacco, Drew Brees and Peyton Manning.
The Falcons wasted no time in securing the former 3rd pick overall in the 2008 NFL Draft. Although Ryan endured criticism early in his career, he has proven that he is one of the best quarterbacks in the league today. In his five-year career, Ryan had his best season in 2012, where he threw for 4,719 yards, 32 touchdowns and posted a 99.1 rating, which are all career-highs.
As Flacco, who is also part of the 2008 NFL Draft class, captured his first Super Bowl ring in 2012, the Falcons are hoping that Ryan will be able to lead the Dirty Birds to the promised land and lead the franchise to their first ever Super Bowl victory.