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Michael Vick

Falcons QB Ryan agrees to 5-year, $150 million extension

Matt Ryan is the NFL's first $100 million man.

The Atlanta Falcons quarterback became the league's highest-paid player Thursday by agreeing to a five-year contract extension that could be worth as much as $150 million.

A person familiar with the deal, speaking to The Associated Press on condition of anonymity because the terms were not released, confirmed that Ryan is assured of receiving at least $100 million. That surpasses the total compensation of the $84 million, three-year guaranteed deal that quarterback Kirk Cousins received from the Minnesota Vikings.

If Ryan receives the full terms of the contract, he would receive an average of $30 million a year, also...