FLOWERY BRANCH, Ga. — Pro Bowl quarterback Matt Ryan and the Atlanta Falcons agreed to terms on a five-year contract extension.
A Falcons spokesman said the deal was finalized as Ryan led the offense through practice Thursday on the first day of training camp.
A person familiar with the situation said Ryan’s extension is for $103.75 million, with $59 million guaranteed. Ryan will average $20.75 million during the first three years of the extension.
“I think for the most part I was confident that it would get done in a timely fashion,” Ryan said. “I think both sides were. I didn’t stress about it too much.”
- 14 million spilled bees on I-5: 'Everybody's been stung'
- Man's journey to find birth mom ends — at work
- Costco said to get sweet deal from credit-card companies
- On tour of UW station, Inslee backs $15 billion tax plan for more light rail
- Mariners lose fourth straight game
Most Read Stories
Ryan, 28, is entering the sixth and final season of his original rookie contract and will earn a $10 million salary.
The quarterback is 56-22 in his NFL career, but dropped to 1-4 in the playoffs after the Falcons lost the NFC title game at home to San Francisco in January.
• The Dallas Cowboys will change the name of Cowboys Stadium to AT&T Stadium. It is estimated the deal could be worth as much as $20 million annually for 20 to 30 years.
• Former New England Patriots tight end Aaron Hernandez is holding what authorities said is a gun in several surveillance photos that were released by the court and had been recorded hours before — and minutes after — his friend was shot to death.
• New York Jets running back Mike Goodson, who is facing drug and weapons charges in New Jersey, was placed on the reserve-did not report list.
• Arizona Cardinals rookie receiver Ryan Swope retired because of concussion issues. The team signed offensive tackle Eric Winston and outside linebacker John Abraham.
• San Francisco 49ers starting cornerback Tarell Brown has voided a $2 million escalator in his contract after he chose not to participate in the team’s voluntary offseason program.
• The Houston Texans placed running back Arian Foster and safety Ed Reed on the physically unable to perform list a day before training camp.
• All-Pro receiver A.J. Green twisted his left knee while trying to make a sideline catch during the Cincinnati Bengals’ first practice of training camp.
• Washington Redskins coach Mike Shanahan said it “doesn’t make sense” to play quarterback Robert Griffin III in any exhibition games. Redskins defensive end Adam Carriker is out another four to five months after a third surgery on his right knee.
• The Indianapolis Colts cut tight end Weslye Saunders one week after he was suspended by the NFL for eight games.