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Just came up with this as a potential contract that the Falcons could have offered Matt Ryan back in February and probably gotten him to take. But now with the Brees deal, not so sure he'd still take it.
It's a six-year, $102.5 million deal.
It includes $36 million in signing bonus.
His base salaries are:
2012: $2 million (fully guaranteed)
2013: $5 million (fully guaranteed)
2014: $8 million (fully guaranteed)
2015: $16 million
2016: $16 million
2017: $18 million
That makes his guarantees around $51 million.
He'd also receive $250,000 in workout bonuses each year, to add in the additional $1.5 million.
His cap hits of course would be:
2012: $8 million (which would have saved the Falcons $5.5M against the 2012 cap)
2013: $11 million
2014: $14 million
2015: $22 million
2016: $22 million
2017: $24 million
Obviously, his cap hits in 2015 begin to get really high, but it's a fairly simple restructure if need be, by converting a portion of his base salary into signing bonus. For example, if you were to reduce his 2015 base salary from $16M to $7M, and turn the $9M into signing bonus (which would be prorated over the final 3 years), that would reduce his 2015 cap hit to $15 million ($7 million base + $3 million new bonus proration + $6 million old bonus proration).
And the hope would be that around 2016 when Ryan is 31 years old (the same age that Eli Manning is), that his performance over the course of the 2012-15 seasons, will prompt him to get a new deal that would hopefully end his career in Atlanta, or if his play hasn't been good enough then the Falcons would have developed a Plan B by then. If need be, you could actually cut Ryan before the 2015 season and save $4 million in cap space.
Ryan's current deal pays him $23.5 million over the next two years, with only $5 million of that guaranteed. This proposed new deal would pay him $43.5 million over that span, all of which is guaranteed.
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"Vincere scis, Hannibal, victoria uti nescis" -- Maharbal, 216 B.C.E.
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