Chris Mortensen has revealed that a 5 year deal worth $100m is being finalised.
As expected, #Falcons and QB Matt Ryan are finalizing 5-year contract extension that will exceed $100 million when done— Chris Mortensen (@mortreport) July 25, 2013
Adam Schefter then added that he expects the deal to be completed imminently.
This makes me very happy, and it's worth the cash. How does the deal shape up, and do we create some cap room to sign Seymour or someone else?
EDIT: There seems to be a little confusion on whether this is a 5 year or 6 year deal. Chris Mortensen offered these figures however:
Ryan deal is done with 5 year ext at $103,750 million, $59 million guaranteed, $63 mill in first 3 years, $20.75 mill average per— Chris Mortensen (@mortreport) July 25, 2013