The Indianapolis Colts agreed to trade for Atlanta Falcons quarterback Matt Ryan on Monday and will be taking on the remainder of his contract.
Assuming the Colts don’t restructure his deal, they will be taking on the remainder of Ryan’s contract, which is for two more seasons. While reports have drawn some negative connotations surrounding the deal, it doesn’t appear to be too harmful to the Colts’ salary-cap space.
According to Over The Cap, the Colts will be taking on salary-cap hits of $24.7 million in 2022 and $29.2 million. That’s essentially middle-of-the-road numbers for quarterbacks now.