Additionally, the deal includes $100 million guaranteed.
Kirk Cousins' reign as the NFL's highest-paid player lasted less than two months.
The Atlanta Falcons and star quarterback Matt Ryan have agreed to a five-year contract extension, the team announced Thursday afternoon.
A person familiar with the deal, speaking to The Associated Press on condition of anonymity because the terms were not released, confirmed that Ryan is assured of receiving at least $100 million. Ryan saw a sharp drop in production this past year after his MVP campaign in 2016, throwing 18 less touchdown passes, five more interceptions and for almost 900 fewer yards.
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Green Bay Packers QB Aaron Rodgers, who is expected to sign an extension before the regular season begins in September, should make more than Ryan and could potentially make close to $40 million per year. General manager Thomas Dimitroff explained the team's position regarding Ryan perfectly when he said "until you find your quarterback, the search for him consumes you". Five more years will carry Ryan to the age of 38.
In 2012, Ryan joined NFC South rival Drew Brees to become the only quarterbacks in National Football League history to attempt 600-plus passes and complete more than 68 percent of them in a single season. In his time in Atlanta, he has passed for over 41,000 yards and holds the franchise record in almost every major career passing category. The deal means that Ryan will become the first player to make $30 million per year. Ryan has been a big reason that they have been in Super Bowl contention and nearly took the Falcons to a championship just two short years ago. "While we have accomplished a lot, our goal remains what it was the day I got drafted, and that's to bring a championship to our city and fans".
ASHBURN, Va. - The Washington Redskins say they're concerned by allegations made by cheerleaders in a New York Times article about a trip to Costa Rica for a photo shoot in 2013.
NFL Network's Pelissero said this keeps Pederson under contract with the defending Super Bowl champions for the next three seasons.
Ryan is now seventh among all active quarterbacks in career passing yards and eighth in passing touchdowns. In fact, with Ryan in tow, it's hard to cite any major money hurdle involving the veterans, outside of tailback Tevin Coleman's contract, which expires at the end of the 2018 campaign.