The Falcons are expected to bench veteran quarterback Kirk Cousins in favor of rookie Michael Penix for their Week 16 matchup with the Giants, according to NFL Network’s Ian Rapoport.
Falcons head coach Raheem Morris released a statement confirming the switch under center: “After review we have made the decision Michael Penix will be the Atlanta Falcons starting quarterback moving forward. This was a football decision and we are fully focused on preparing the team for Sunday’s game against the New York Giants.”
Cousins has struggled in recent weeks, throwing nine interceptions and just one touchdown since Week 10. That culminated in another rough game against the Raiders on Monday Night Football in Week 15 in which the veteran signal-caller completed just 11 of his 17 passing attempts for 112 yards, one touchdown, and one interception. Reporters then asked Morris about Cousins’ level of play after Monday night’s game.
“He’s got to play better,” Morris said, via ProFootball Talk’s Mike Florio. “We’ve got to find a way to get him to play better.”
Morris was then asked about the possibility of replacing Cousins with Penix, the eighth overall pick in this past April’s draft. Morris’ answer fueled speculation that he was considering such a move: “We’ve got everybody on our roster for a reason, right?…Those things will always be discussed. That’s just the nature of the beast in football. It’s just so heavily talked about at the quarterback position because there’s only one guy out there.”
The same questions resurfaced during Morris’ Tuesday presser. His non-answer hinted that his staff was already thinking about benching Cousins. This marks the second time in three years the Falcons have benched their starting quarterback in December. Their decision to park Marcus Mariota late in his first season with the team effectively led the former No. 2 overall pick away. The team’s ensuing Desmond Ridder plan failing keyed the Cousins-Penix offseason.
“We still have to go through that process,” Morris said (via Josh Kendall of The Athletic). “All those things will happen over the course of the week. We didn’t play well enough at the quarterback position.”
Now, Penix will make his first NFL start at a crucial time for the 7-7 Falcons. They trail the Buccaneers by one game in the NFC South and are two games back of the Commanders for the NFC’s last wild card spot. Atlanta’s front office drew criticism for using a top-10 pick on Penix just a month after signing Cousins to a four-year, $180MM contract in free agency, but the gamble might pay off if the rookie can lead the team to the playoffs.
Penix has only thrown five passes across two garbage-time appearances this season, but he has been “doing well behind the scenes,” according to Pro Football Network’s Adam Caplan. The former Washington Husky led the NCAA with 4,903 passing yards (and 11 interceptions) in his last season, earning the Maxwell Award and a second-place finish for the Heisman Trophy. Penix will be the sixth of 11 quarterbacks selected in the 2024 draft to start at least one game as a rookie.
The Falcons drafted Penix as the future of their franchise, but he will be taking over for Cousins far earlier than expected. Cousins’ contract included fully guaranteed salaries in 2024 and 2025, indicating that he would have at least two years as the team’s starter. Arthur Blank had said the team did not necessarily plan to draft Penix at No. 8, but the team’s football ops department viewed Penix as too good to pass up — despite the standout college passer not being mocked that high for the most part — at that point of the draft.
Cousins expressed shock, joining most of the football-following population, when the Falcons pulled the trigger and drafted Penix eighth overall. The Falcons were later docked a fifth-round pick for tampering in signing the former Washington and Minnesota starter. Months later, his future in Atlanta is in doubt.
The Falcons will have to navigate Cousins’ sizable contract if they want to move on from him this offseason. Cutting him outright before June 1 would force the team to absorb the remaining $65MM of Cousins’ guaranteed money as a dead cap hit in 2025, per OverTheCap. That would be the largest single-season dead cap hit in NFL history, surpassing the $53MM the Broncos took on this year after cutting Russell Wilson.
A post-June 1 release would allow the Falcons to spread out the dead money with $40MM in 2025 and $25MM in 2026. A trade, even for minimal draft compensation, would be the most efficient option; the Falcons could transfer Cousins’ $27.5MM fully guaranteed base salary in 2025 to the acquiring team while accepting the remaining $37.5MM of his prorated signing bonus as a dead cap hit.