The cash-strapped Atlanta Falcons had been working around Matt Ryan’s monster contract for years, but after Monday’s trade — which sent Ryan to the Colts for a 2022 third-round pick — the team can finally begin to plan for the future.
Unfortunately, trading Ryan will comes with a dead cap hit of $40.525 million, the largest in NFL history.
The #Falcons will carry a $40.525 million dead cap hit in 2022 for Matt Ryan. That's actually a savings of $9,093,382 … which they now will need to add a new starting QB.
— Tom Pelissero (@TomPelissero) March 21, 2022