Falcons Unlikely To Trade Matt Ryan

The Falcons are apparently receiving at least some trade interest in quarterback Matt Ryan. However, Jason La Canfora of CBS Sports hears that clubs that have inquired on the four-time Pro Bowler are getting the “distinct impression” that he will not be dealt (Twitter link).

Thus far, the Seahawks have turned away all teams interested in trading for signal-caller Russell Wilson, and while Packers QB Aaron Rodgers is said to be torn on whether he wants to remain in Green Bay, there is a good chance that both players stay put in 2022. Couple that with a collegiate quarterback class that has some promise but no surefire stars, and Atlanta would theoretically be in a good position to net some draft pick compensation in a Ryan trade, compensation that could help usher in a new era for the franchise.

That is especially true given Ryan’s relatively modest base salaries of $16.25MM and $20.5MM over the final two years of his contract. Even when considering his age (he will be 37 in May) and the $7.5MM roster bonus he is due later this month and in March 2023, a team that believes it is a quarterback away from title contention might be willing to pull the trigger. The Commanders, who are leaving no stone unturned in their search for a quality QB and who recently made a strong push for Wilson, could be one such club, and the Steelers could be another.

From Atlanta’s perspective, though, the prospect of a trade is a bit messier. As a result of multiple restructures, the most recent of which GM Terry Fontenot begrudgingly made, Ryan’s dead money charge for 2022 if he were to be cut or traded prior to June 1 is a whopping $40.5MM. Even a post-June 1 transaction would result in a dead money number just shy of $25MM, and that’s not to mention the fact that HC Arthur Smith wants Ryan back. Indeed, the NFC South could be wide open in 2022, and Smith may feel that, with Ryan under center, he might be able to nab a division title.

On the other hand, even if Atlanta were to earn a playoff berth, it does not presently profile as a legitimate championship contender. Although a $40MM+ dead money charge would be tough to swallow, a Ryan trade or release prior to the $7.5MM roster bonus coming due on March 19 would also give the Falcons an additional $8MM of cap space to work with, and it would allow them to start afresh in 2023.

The team is already eyeing a Ryan succession plan, and if rival clubs are interested in making a deal, it may be in Fontenot’s best interest to think long and hard about accelerating that plan.

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