Ian Rapoport of NFL Media reports that the Falcons and QB Matt Ryan are expected to explore a contract extension during the offseason, even though Ryan has another two years remaining on his current deal.
Rapoport says that Ryan’s next contract could possibly surpass Andrew Luck‘s contract and make Ryan the highest-paid player in the NFL.
Ryan has put together an MVP season and has the Falcons one win away from the Super Bowl, which explains why the team would be willing to renegotiate his deal, despite the fact that there are multiple years remaining on the contract agreement. The benefit for the Falcons is that they would be able to reduce his $23.75 million cap figure to something more team friendly by including a signing bonus.
Ryan, 31, is a former first-round pick of the Falcons back in 2008. He’s currently in the fourth year of his six-year, $103.75 million contract that includes $59 million guaranteed and stands to make base salaries of $15.75 million and $19.25 million over the remainder of the contract.
In 2016, In 2016, Ryan threw for 4,944 yards while completing 69.9 percent of his passes to go along with 38 touchdowns and seven interceptions. Pro Football Focus has him rated as the No. 3 quarterback out of 36 qualifying players.