Matt Ryan, coming off his best NFL season, has agreed upon a five-year deal worth $US103.75 million ($A113.74 million) to remain as quarterback of the Atlanta Falcons.
The deal, announced on the NFL's website as the Falcons began pre-season workouts, was an extension of the contract that the 28-year-old passer signed as a rookie in 2008, when he was taken third overall in the NFL Draft.
Ryan, who was set to begin the final season of his old deal, will receive a guaranteed $US59 million ($A64.68 million) and is set to make $US63 million ($A69.06 million) in the first three years of the new contract. He would be a free agent at age 32 if he completes the new contract.
Ryan threw for a career-best 4,719 yards with a career-high 32 touchdowns, completing 68.6 per cent of his passes while leading Atlanta to a 13-3 record and his first playoff victory.
The Falcons were within a game of the Super Bowl before losing to San Francisco in the National Conference final.
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