Atlanta Falcons Sign QB Matt Ryan to Lucrative Deal

7/25/2013, 4:52 p.m.
QB Matt Ryan and the Atlanta Falcons agree to a 5-year $103.75 million extension.

ATLANTA (AP) -- Per NFL.com's Ian Rapoport, Matt Ryan and the Falcons agreed on a five-year extension worth $103.75 million today.

NFL.com's Albert Breer later reported that the deal was signed. The deal includes $59 million guaranteed and $63 million in the first three years.

ESPN's Chris Mortensen was first to report the news.

Ryan was set to enter the final season of the rookie contract he signed with the team after being selected third overall in the 2008 NFL Draft.

Ryan will be 32 years old at the end of this new deal.

During last year's career best season, he threw for more than 4,700 yards with 32 touchdowns and 14 interceptions and a passer rating of 99.1.

Ryan also led the Falcons to the best record in the NFC and won his first career playoff game. The Falcons loss to the San Francisco 49ers in the NFC Championship Game.

Rookie cornerback Desmond Trufant also signed a four-year deal with the Atlanta Falcons and was the first player to report for the start of training camp.

Atlanta announced the deal Wednesday.

Per Trufant's agent (via AP) Doug Hendrickson, the contract is for $8.16 million with $4.3 million guaranteed.

Atlanta traded up eight spots in a draft-day deal with St. Louis to select Trufant out of Washington. He is the leading candidate to start at right cornerback but will have to beat out Robert Alford, a second-round pick from Southeastern Louisiana.

Trufant has two brothers have extensive NFL experience, Marcus Trufant played his first 10 seasons in Seattle before signing with Jacksonville two months ago. Isaiah Trufant, a career reserve, is preparing for his fourth season with the New York Jets.