The Falcons traded Matt Ryan to the Colts on Monday in exchange for a 2022 third-round draft pick and then agreed to a two-year deal with Marcus Mariota.

Ryan was set to earn a $7.5 million roster bonus by 4 p.m. ET on Monday. By trading the quarterback, the Falcons will absorb a $40.525 million dead money hit on their salary cap this year.

He signed off on the trade because of his belief the Colts have a roster to win now, per ESPN. Ryan had 20 touchdowns and 12 interceptions in 2021 as the Falcons competed into December despite a ...

On Monday, the Atlanta Falcons traded quarterback Matt Ryan to the Indianapolis Colts. OFFICIAL: We have traded QB Matt Ryan to the Colts for a 2022 third-round pick.

Done deal: The #Falcons are trading former NFL MVP Matt Ryan to the #Colts for a 2022 third-round pick, sources tell me, @RapSheet and @MikeGarafolo. — Tom Pelissero (@TomPelissero) March 21, 2022 ...

During the 2022 offseason, Ryan was traded from the Falcons to the Colts, getting out from underneath the remaining two years of his five-year, $150 million contract in the process.

The Falcons will carry a roughly $40 million cap charge in dead money this season, while Ryan's salary cap hit for the Colts is a reported $23.75 million in 2022, rising to $28 million if he's ...

The Indianapolis Colts acquired quarterback Matt Ryan in a trade Monday, March 21, 2022, with the Atlanta Falcons, The Associated Press has learned. (AP Photo/Doug Murray, File) ...

Atlanta Falcons quarterback Matt Ryan (2) throws a pass against the Tampa Bay Buccaneers during the first half of an NFL football game Sunday, Sept. 19, 2021, in Tampa, Fla. (AP Photo/Jason Behnken) ...

ATLANTA — The Atlanta Falcons traded away their longtime franchise quarterback Matt Ryan to the Indianapolis Colts on Tuesday and while it wasn’t necessarily a surprising move for the Falcons given ...