The Falcons have agreed to phrases with rookie quarterback Michael Penix Jr., in response to a number of reviews.
Penix, the No. 8 total decide, receives a four-year, $22.88 million deal that features a fifth-year possibility. His signing bonus is $13.46 million.
Along with his signing, the Falcons now have their eight-player draft class underneath contract.
The Falcons’ collection of Penix was the most important shock of the 2024 draft because it got here solely six weeks after the workforce signed Kirk Cousins in free company. The Falcons owe Cousins $100 million over the following two years, so Penix is predicted to sit down behind Cousins for 2 years.
Penix, 24, hasn’t gone into the season as a backup since 2018.
He received the Maxwell Award, yearly given to the nation’s most excellent participant and completed second in Heisman voting in 2023.
In his six seasons of school soccer — 4 at Indiana and two on the College of Washington — he made 45 begins and accomplished 63.3 p.c of his passes for 13,741 yards, 96 touchdowns and 34 interceptions.
The Falcons began three completely different quarterbacks the previous two seasons as they tried to switch Matt Ryan. They no longer solely have changed him however have a succession plan for Cousins, who turns 36 in August.
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