The Atlanta Falcons today announced that they have reached contract extensions with the three principal figures within the organization: team president Rich McKay, general manager Thomas Dimitroff and head coach Mike Smith. McKay’s deal adds four years to his contract, while both Dimitroff and Smith add another year to their deals. McKay’s deal now runs through 2019 while the latter two are signed through 2015.
McKay last received an extension at the end of the 2009 season. He joined the Falcons in 2003 as the team’s general manager but was relieved of those duties following the team’s disastrous 2007 season. He was then replaced by Dimitroff, and assumed duties solely as team president. In those duties, he has been instrumental in the team’s attempts to build a new stadium, and his extension likely is indicative that owner Arthur Blank intends him to continue those duties through the construction of the stadium. Ground has yet to be broken on the stadium, which is projected to cost in excess of $1 billion, but it is expected to open in 2017.
Dimitroff and Smith appear joined at the hip, and Blank made comments earlier this month that indicate that expectations are for the team to get back on track and have a winning season and playoff berth after a disappointing 4-12 campaign by the Falcons in 2013. Both Dimitroff and Smith received contract extensions following the 2010 season, extending their deals through 2014.
Smith’s extension is pivotal as concerns over his lame duck status have been an underwritten subject this offseason.