Jason Cole of Yahoo! Sports reports that the Falcons have extended the contract of current president and GM Rich McKay by two years. McKay’s contract ran through at least 2008, and so with the extension he is now under contract through at least 2010. McKay’s future with the team was tenuous due to the team’s search for a replacement general manager. Owner Arthur Blank however indicated last month that McKay was asked to stay on as team president, but would be stripped of his general manager duties. It was undetermined if McKay would stay on in a lesser role, but this extension clearly indicates that he will.
McKay has been travelling with Blank during his this week for all the interviews with prospective general manager and head coaching candidates, indicating that he does still retain at least a small bit of influence in the matter.