Mock Matt Ryan Contract

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Pudge
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Mock Matt Ryan Contract

Postby Pudge » Wed Aug 01, 2012 2:09 pm

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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Re: Mock Matt Ryan Contract

Postby widetrak21 » Wed Aug 01, 2012 3:01 pm

That looks very good to me, esp cap wise vs guarantees. What will also be very telling is who signs first, him or Flacco. I'd take ryan 10/10x, but whoever signs first will have some sway on the other as well.
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The Mattural
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Re: Mock Matt Ryan Contract

Postby The Mattural » Thu Aug 02, 2012 11:34 pm

That would be an awesome contract for the franchise if he turns out to be what he has the potential to be then we get a bargain in the first three years and he is locked in to a contract that will have him well below the league average for a top tier QB [by that time] in the next three.
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