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Atlanta Falcons restructure Matt Ryan’s contract, lowering salary-cap hit down to $37M

Atlanta, which was over the salary cap a week ago, now has $16,215,670, according to Roster Management System after Ryan’s restructure and Monday’s suspension of Calvin Ridley for at least the 2022 season for gambling on games. Buy 92 Adetokunbo Ogundeji NFL Jerseys, Ridley’s suspension took $11 Buy Atlanta Falcons NFL Jerseys, .1 million off Atlanta’s books for this seaso Buy NFL authentic jerseys, n.

At this month’s NFL combine, Falcons general manager Terry Fontenot acknowledged some of the team’s massive contracts were “the elephant in the ro Discount NFL kids jerseys, om.” Ryan’s contract — specifically the cap number — had been one of the biggest topics of conversation for how the Falcons were going to get under the salary cap.

“It is a challenge. I wouldn’t say it’s a problem,” Fontenot said. “I would say it’s a challenge, something we have to work around.”

It’s the fourth straight year the Falcons have restructured Ryan’s contract. Ryan is under contract until after 2023 season, where his cap hit will be $46,612,500, but the potential dead money in the deal drops to $27,612,500.

Ryan, who turns 37 in May, completed 67% of his passes last season for 3,968 yards, 20 touchdowns and 12 interceptions in his first year under coach Arthur Smith. It was the first time since the 2010 season he threw for under 4,000 yards and only the third time in his career he threw fewer than 21 touchdown passes. Ryan also was sacked 40 times last season — the fourth straight year he has been sacked at least 40 times.

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