Ryan and Falcons finalize big extension

Chris Mortensen of ESPN reports that the Falcons and quarterback Matt Ryan have finalized a five-year extension worth $103.75 million. The deal also includes $59 million in guaranteed money, with a $63 million payout over the first three years of the deal. The latter payout tops large extensions signed by Joe Flacco and Aaron Rodgers this past off-season, and his $20.75 million annual average over the life of the deal is only second to Rodgers’ $22 million annual average in terms of new money. His guaranteed money only falls short of the $60.5 million received by Drew Brees in 2012 as part of his new deal. Ryan was set to hit unrestricted free agency following the 2013 season but now is signed through 2018.

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Aaron Freeman
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