Matt Thomas Ryan is an American quarterback who plays in the National Football League (NFL) for the team Indianapolis Colts. He was initially drafted by the Atlanta Falcons in the third pick of the first round of the 2008 NFL Draft. He led his college team at Boston College to three bowl victories and set records, becoming the third all-time in passing yards and pass completions.
In the NFL, Matt made a name for himself with his numerous franchise records (for the Falcons) and awards. He has been named to four Pro-Bowl selections, Most Valuable Player (2016), Offensive Player of the Year (2016), and many more. He made his first Super Bowl appearance during Super Bowl LI, however, the team lost to the New England Patriots. After 14 successful seasons with the Atlanta Falcons, Matt Ryan was traded to the Indianapolis Colts in March, 2022.
Matt Ryan’s Contract
Matt Ryan had become the first NFL player ever to sign a contract worth more than $30 million annually. He signed a 5 year deal with the Atlanta Falcons in 2018 worth $150 million of which $100 million was guaranteed.
HIs contract is one of the most complicated contracts in the NFL as it went through a number of restructures while he was still with the Falcons. His initial contract guaranteed him $94.5 million during signing. Throughout his restructures, a lot of Matt Ryan’s salary was converted to signing bonus in order to free salary cap space for the Falcons. By the 2020 NFL season, the Falcons had $9.3 million per year in prorated signing bonus, $2 million per year in prorated option bonus, and $6.6 million per year in prorated restructure payments for Ryan.
In his last season with the Falcons, $21 million of salary was converted to a bonus.
When Matt Ryan got traded to the Indianapolis Colts, they kept the deal he had with the Falcons. The Falcons had to take up around $40.5 million in dead money charges. The Indianapolis Colts will have to pay Matt Ryan a total of $50 million in his two years with them.
Contract (originally signed with the Falcons) | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
5 yr(s) / $150,000,000 | $46,500,000 | $30,000,000 | $94,500,000 | $100,000,000 |
Matt Ryan’s Contract Breakdown
Team | Year | Base Salary | Signing Bonus | Roster Bonus | Restructure | Dead Cap | Yearly Cash |
Falcons | 2018 | $6,000,000 | $9.3 M | - | $96,900,000 | $29,250,000 | |
Falcons | 2019 | $2,750,000 | $9.3 M | - | $1,750,000 | $79,200,000 | $74,014,610 |
Falcons | 2020 | $1,050,000 | $9.3 M | - | $6,612,500 | $75,850,000 | $94,514,610 |
Falcons | 2021 | $23,000,000 | $9.3 M | - | $13,612,500 | $67,437,500 | $117,514,610 |
Colts | 2022 | $5,205,882 | - | $7,500,000 | $6,000,000 | $24,705,882 | $24,705,882 ($142,255,706) |
Colts | 2023 | $21,705,882 | - | $7,500,000 | $6,000,000 | $35,205,882 | $29,205,882 ($171,461,588) |
What are the terms of Matt Ryan’s contract?
Matt Ryan signed a 5 year, $150,000,000 contract with the Atlanta Falcons in 2018 which included a $46,500,000 signing bonus, $100,000,000 guaranteed, and an average annual salary of $30,000,000.
He joined the Indianapolis Colts in 2022 and they restructured Matt Ryan’s existing Falcons contract.
Matt Ryan’s Contract History
Year | Contract | Signing Bonus | Average Salary | GTD at Sign | Total GTD |
2008 - 2013 | 6 yr(s) / $67,500,000 | $7,450,000 | $11,250,000 | - | $34,750,000 |
2013 - 2018 | 5 yr(s) / $103,750,000 | $28,000,000 | $20,750,000 | $30,000,000 | $42,000,000 |
What was Matt Ryan’s highest contract?
The contract extension Matt Ryan signed on May 3rd, 2018 with the Atlanta Falcons for a whopping $150 million is the highest contract the quarterback has signed. When he signed the contract it made him the highest-paid quarterback in NFL history.
What is Matt Ryan’s Salary?
Matt Ryan has an average annual income of $30 million as per the terms of his current contract with the Colts. He is one of the highest-paid quarterbacks in the league. In 2022, Matt Ryan is set to earn at least $24.7 million as salary from his contract.
What is Matt Ryan’s Net Worth?
Matt Ryan’s illustrious career playing professional quarterback for Atlanta Falcons in the NFL has earned him a net worth of approximately $70 million.
How many years are left on Matt Ryan's contract?
Matt Ryan’s contract with the Atlanta Falcons had two more years left (2022 and 2023 NFL season). He was traded to the Indianapolis Colts in 2022 and signed with them keeping the same contract length terms. This makes Matt Ryan have two years remaining in his current contract too.