Falcons, Matt Ryan close to new deal

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The long-awaited deal between the Falcons and Matt Ryan is almost done.

The Falcons and Ryan are finalizing a five-year contract extension that will exceed $100 million, Chris Mortensen of ESPN reports.

At more than $100 million, a five-year contract for Ryan would average more than $20 million a year. The $20 million a year mark is the magic number Joe Flacco reached with his six-year, $120.6 million deal. Ryan’s contract has been a hot topic of conversation in the NFL since the day Flacco signed.

The 2013 season would be the last on the six-year deal Ryan signed as the third overall pick of the 2008 NFL draft. A long-term extension would allow both the Falcons and Ryan to be certain that he’s the franchise quarterback for the prime years of his career.