Matt Ryan signs monster five-year extension with the Falcons

Carolina Panthers v Atlanta Falcons

Matt Ryan isn't going anywhere, Atlanta. 

The Falcons tied up their franchise QB for another five years Thursday, agreeing on the largest contract in NFL history. 

According to NFL Network's Tom Pelissero the 2016 MVP signed a five-year $150 million deal that will see him become the highest paid player in league history. Ryan's contract includes a record breaking $100 million in guarantees, and means he'll be the first man to hit the $30 million per season mark. 

The 32-year-old's deal usurps the $28 million a year the Vikings are paying Kirk Cousins, whose brief stint as the league's highest paid player comes to an end. 

Ryan was entering the final year of the five-year, $103.75 million extension he signed back in July 2013 and his pay rise is a clear reflection on his elite play since putting pen to paper on that deal, as well as the ever-inflating market. 

The longevity of the deal means the four-time Pro Bowler will, in all likelihood, spend his entire career with the organisation that drafted him third overall out of Boston College back in 2008. 

Ryan's tenure in Atlanta has been overwhelmingly successful and he's inarguably one of the franchise's greatest ever players. Since entering the league a decade ago, he's thrown for 41,796 yards and 260 touchdowns, both are all-time leading marks for a Falcons QB.

The former first round pick also owns a franchise-high 99 career wins, a mark only bettered by three franchises (Patriots, Steelers, Packers) during his time in the league, and has led his team to two NFC Championship Games and one Super Bowl appearance.

No quarterback in history has more passing yards through their first ten seasons in the NFL than the 2008 rookie of the year who hasn't missed a start since 2009. 

Thomas Dimitroff was never really going to allow his longtime franchise QB to test the open market next year, and getting the deal done now removes the need to tag him next offseason. 

As aforementioned, the quarterback market has skyrocketed in recent times, and given what far less accomplished passers have been paid this offseason, the Falcons' hand was forced to raise the bar for their QB1. 

Team owner Arthur Blank was more than happy to pay up though, saying Ryan had 'earned' every penny of his huge new deal. 

"Matt is getting what he has earned, and we all know the marketplace for a great quarterback," Blank said Thursday. "League revenues are up, club revenues, new stadiums and the players are the heart of the game. They're the ones on the field, and they certainly deserve their fair share."

The Falcons championship window is still open with the veteran signal caller under center, and some exciting new offensive weapons including former Alabama WR Calvin Ridley could help them regain the league's number one offense in 2018. 

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