Colts acquire QB Matt Ryan for a 3rd Round draft pick

[AlwaysSunnyinIndy]

Initially reported by Pat McAfee and confirmed by Rapoport.

https://twitter.com/RapSheet/status/1505963518486589451

Trade!! The Falcons are in agreement on a trade of QB Matt Ryan to the Colts, per Mike Garafolo, Tom Pelissero and me. ATL gets a 3rd back.

Fallout from the Deshaun Watson situation, with Ryan starting over in Indy. Ryan gets a contract adjustment with more guaranteed money.

https://twitter.com/RapSheet/status/1506233651952066560

As part of the deal to acquire new QB Matt Ryan, the Colts picked up his $7.5M roster bonus and added guarantees to the entirety of his 2-year deal that has nearly $54M left overall, source said.

https://twitter.com/zkeefer/status/1505966374853689357

So, basically, the Colts ending up sending the extra third-rounder they got in the Carson Wentz deal down to Atlanta for Matt Ryan.

Believe Colts will owe Ryan around $24M this year and $28M next, which they can totally make work.

https://twitter.com/zkeefer/status/1505966060524220431

Last year in Atlanta, Matt Ryan had a 29th-ranked defense and a 31st-ranked run game. Calvin Ridley was hurt half the year.

Colts were 9th in defense and 2nd in the run. He'll join a team with a better o-line and some emerging weapons in Jonathan Taylor and Michael Pittman, Jr.

https://twitter.com/JoelAErickson/st...74141492637713

One key on-field difference between Ryan and the other QBs Colts were talking about/linked to, keeping in mind that Garoppolo’s shoulder was an issue for Indy:

Accuracy: Ryan’s at 65.5 percent lifetime and it’s gone up to more than 67 in his 30’s.

https://twitter.com/AdamSchefter/sta...65258673958918

Matt Ryan never asked the Falcons for a new contract -- that was not a part of the equation, per sources. He just felt like the time had come to move on from Atlanta. Ryan signed off on a trade to Indianapolis because he felt like the Colts have a roster that's built to win now.

https://twitter.com/FieldYates/statu...66794955280388

Matt Ryan’s trade will incur a dead cap hit of $40.525M for the Falcons, the largest dead cap hit in NFL history by nearly $7M.