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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Kevin Hickey

Colts’ salary-cap space update after Matt Ryan trade

Matt Ryan Colts Colts Wire

The Indianapolis Colts agreed to a trade with the Atlanta Falcons to acquire veteran quarterback Matt Ryan on Monday.

The straight swap of a 2022 third-round pick (No. 82 overall) for Ryan gives the Colts their starting quarterback likely for the next two seasons. While this does put the Colts in somewhat of a bind with the salary cap, it’s nothing they can’t get out of with some restructured deals.

But with Ryan now coming to the Colts, they will be taking on a $24.7 million salary-cap hit, according to Over The Cap. They led the league in salary-cap space before the trade for Ryan.

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