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Falcons Restructure Kirk Cousins’ Contract, Setting March 13 Decision Deadline

A new March 13 trigger for a $67.9 million 2027 guarantee now compels an early decision on the veteran quarterback’s future.

Overview

  • The rework drops Cousins’ 2026 base salary from $35 million to $2.1 million and shifts $32.9 million into 2027, without changing existing guarantees.
  • Teams are unlikely to trade for Cousins before March because the 2027 guarantee would vest, and his deal includes a no‑trade clause, per multiple reports.
  • Atlanta can designate a pre‑March release as post‑June 1, splitting dead money across 2026 and 2027 and easing near‑term cap pressure.
  • The move gives immediate cap flexibility to a franchise that just fired coach Raheem Morris and GM Terry Fontenot and must navigate Michael Penix Jr.’s ACL rehab.
  • Cousins, 37, said he wants to keep playing and would love to remain in Atlanta; he started eight games in 2025 and went 5–3 with 1,721 yards, 10 TDs and five INTs.