Falcons GM Fontenot on dead-money cap hit from Matt Ryan trade: ‘We’re taking it on the chin this year’

Trading quarterback Matt Ryan to Indianapolis left a whopping $40.525 million in dead money on the Falcons’ salary cap in 2022, higher than any cap figure for a QB playing with a team this season.

In all, the Falcons are eating a whopping $62.097 million in dead money on the salary cap this season between Ryan, Julio Jones ($15.5M), Dante Fowler ($4.667M) and Tyeler Davison ($1.213M).

Falcons general manager Terry Fontenot said Wednesday the dead money is tough to swallow, but taking their lumps in 2022 frees up flexibility in the future.

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