Did the Indianapolis Colts trade for Matt Ryan?
William Rodriguez
Published Jan 12, 2026
The Indianapolis Colts made their move for a quarterback last week by trading a third-round pick to the Atlanta Falcons for quarterback Matt Ryan. While this shouldn't keep the Colts from drafting a quarterback if they wanted to in April, it gives them some stability at the position for the next two seasons—probably.
What team did Matt Ryan get traded to?
Falcons Explain Small Trade Compensation For QB Matt Ryan. After receiving a third-round pick in the deal that sent quarterback Matt Ryan to the Colts, the Atlanta Falcons explain the reasoning behind the small compensation.
Did Matt Ryan get traded?
On Monday afternoon, the plan went into action when Falcons traded Ryan to the Indianapolis Colts for a 2022 third-round pick. General manager Terry Fontenot said their decision to send Ryan to the Colts was to put the one-time league MVP winner in the best situation for him — not to capitalize on his trade value.
What did Colts give up for Matt Ryan?
Restructuring Ryan's deal now raises that to about $21-22 million, which gives them the opportunity to address some of the needs around Ryan — primarily left tackle, right guard, wide receiver, and tight end — both through free agency and the draft.
Why did Matt Ryan leave?
After Atlanta's failed pursuit of Deshaun Watson, what other factors led to Matt Ryan's decision to leave the Falcons for the Indianapolis Colts? The transition to the Indianapolis Colts came fast for Matt Ryan. But the one-time league MVP understands that change is a part of life.
16 related questions foundDid Matt Ryan ask for trade?
Why did the Falcons trade Matt Ryan? In recent days, a trade of Ryan became inevitable. According to ESPN's Adam Schefter, Ryan did not ask for a new contract with the Falcons and instead wanted to leave the team. Ryan, 36, has two years left on his current deal.
Did Matt Ryan get released from the Falcons?
Quarterback Matt Ryan, perhaps the greatest player in Atlanta Falcons history, was ushered out of town to the Colts for a second-day draft pick on Monday.
What pick did the Colts trade for Matt Ryan?
The Colts on Monday acquired quarterback Matt Ryan from the Atlanta Falcons in exchange for a 2022 third-round draft pick (No. 82 overall). Ryan brings 222 games of starting experience, an MVP award and nearly 60,000 passing yards to the Colts after spending 14 seasons with the Falcons. Originally the No.
What did Colts trade for Ryan?
The Indianapolis Colts made their move for a quarterback last week by trading a third-round pick to the Atlanta Falcons for quarterback Matt Ryan. While this shouldn't keep the Colts from drafting a quarterback if they wanted to in April, it gives them some stability at the position for the next two seasons—probably.
Who did Colts pick up?
Colts Sign Tackle Brandon Kemp
The 6-foot-7, 310 pound Kemp originally signed with the Tennessee Titans as an undrafted free agent out of Valdosta State in 2020.
Who will be Falcons QB?
As a result, the Falcons will begin 2022 with a new starting quarterback. Former Tennessee Titans and Las Vegas Raiders quarterback Marcus Mariota signed a two-year contract with the Falcons at the end of March, and is expected to be the starter to begin the upcoming season.
Why did the Falcons trade Matt Ryan?
According to Falcons coach Arthur Smith, the two sides mutually decided that it would be best for each to move on. "It was very amicable," Smith said of the split, per Josh Kendall of The Athletic, "and we feel like it was a win for both sides, for us long-term and Matt right now." Ryan seemed to echo the sentiment.
How many years does Matt Ryan have left?
Ryan had two years left on a contract that would have seen him carry a cap hit of over $40 million in both 2022 and 2023, per OverTheCap and Spotrac. However, all of that changes now that Ryan is heading to Indianapolis.
How much money do the Falcons owe Matt Ryan?
Matt Ryan dead-cap hit with Falcons
Ryan's dead-cap hit with the Falcons is set to be a whopping $40.5 million, per OverTheCap.com. So, the Falcons will effectively be budgeting $40.5 million — or 19.5 percent of their cap space — to Ryan, who isn't even on Atlanta's roster.
What is Matt Ryan doing?
The Falcons have traded Matt Ryan to the Indianapolis Colts for a third-round pick, ending a 14-season career with the Falcons organization. Even though this week has felt more like a month, we're still in the early days of the post-Ryan era, and there's still a lot to discuss.
How much are the Falcons paying Marcus Mariota?
Current Contract
Marcus Mariota signed a 2 year, $18,750,000 contract with the Atlanta Falcons, including a $5,000,000 signing bonus, $6,750,000 guaranteed, and an average annual salary of $9,375,000.